Copy Trading
Source wallets and destination wallets
Understand how Dexfy separates tracked external source wallets from destination Dexfy wallets.
Copy trading uses two wallet roles:
- Source wallets are external wallet addresses Dexfy watches for activity.
- Destination wallets are your Dexfy wallets that can execute mirrored trades.
Dexfy does not control the source wallet. It watches confirmed activity and uses your saved configuration to decide whether a copied buy or proportional sell should be attempted.
Good source wallet hygiene
- Track wallets with a consistent strategy, not only one lucky transaction.
- Avoid copying wallets that trade tokens with tiny liquidity or unknown deployer behavior.
- Assume some activity may not be copyable, especially private routes, unsupported DEXs, unsupported chains, or actions that cannot be mapped to your configuration.
- Never use copy trading as a substitute for understanding token risk.
Destination wallet checks
- Confirm the destination Dexfy wallets are on the same chain as the configuration.
- Keep enough native asset for gas.
- Keep wallet sizing small enough that slippage and liquidity can tolerate copied entries.
- Review monitor status after any copied action.
- Remember that a copied source sell can only act on a matching copied position already held by the destination wallet.