🎯 Wallet Selection Guide

Not all wallets are worth copying — and choosing the wrong ones can drain your account fast.

💡 Quick Start: Check out our Top Wallets page for a curated list of wallets to get you started.

🧭 Where to Discover Wallets

1) Polymarket Leaderboard (Primary Discovery Tool)

The Polymarket leaderboard is the fastest way to surface wallets that:

• trade with meaningful size
• have recent realized profits
• are active right now

Use:

• Monthly → to see who's currently performing
• All-time → to avoid one-off lucky wallets

Once you find a candidate:

• click into the trader
• inspect their trade history
• copy the wallet address for deeper analysis

⚠️ Leaderboards are discovery tools, not proof of skill.
Every wallet still needs validation.

2) Polymarket Analytics (Wallet-Level Inspection)

After finding a wallet, use analytics tools to inspect behavior.

Polymarket Analytics allows you to:

• view open vs closed markets
• see realized PnL
• understand what market types a wallet trades
• check consistency over time

This is where most copy-traders should spend their time.

✅ If you only use one external tool, this should be it.

3) Whale Alerts & Trade Feeds (Lead Generation Only)

Whale alerts can surface wallets to investigate, but they are not copy signals.

Problems with blind whale-following:

• some whales intentionally mislead copycats
• some use bots or latency edges
• some rotate wallets to hide strategies

Correct use:

• use whale alerts to find wallets
• then evaluate them using the checklist below

✅ Good Signs (Wallets You Do Want to Follow)

🟦 1. Recent Trading Activity

Verify the wallet has recent trading activity. Inactive wallets won't generate any trades for you to copy.

💡 Search for any wallet address at the top of the site to view their trader page, then click the Activity tab to confirm they're still actively trading.

🟦 2. Manageable Position Count

Good wallets don't have hundreds of open positions. Look for wallets with a reasonable number of active positions — this shows intentional decision-making rather than spray-and-pray strategies.

🟦 3. Short-Duration & Repeatable Markets

Copy-friendly wallets often trade:

• sports
• short-horizon crypto markets
• recurring or fast-resolving events

These:

• free capital quickly
• reduce copy lag
• allow frequent evaluation

💡 By default, Olympus will skip markets expiring more than 30 days out. You can customize this with the "Skip Markets Expiring After" setting in your wallet's Filters tab.

❌ Red Flags (Wallets You Don't Want to Follow)

🔴 1. High Trade Frequency / Bot Activity (100+ Daily Transactions)

Wallets with extremely high trade frequency (100+ trades per day) are likely bots.

Why you shouldn't copy bots:

• They trade rapidly to exploit market inefficiencies
• By the time your trade executes, the inefficiency is gone
• Your copy trade won't be as profitable (or may lose money)
• Their strategies often rely on speed/latency advantages you can't replicate

This also includes pure "in → out" traders — if positions only last minutes, you'll miss fills and execution will suffer.

🔴 2. Mostly Long-Duration Bets

Long-horizon markets:

• trap capital for extended periods
• reduce your flexibility
• limit copy opportunities

💡 Olympus helps with this — the "Skip Markets Expiring After" setting (default: 30 days) automatically filters these out. You can customize this in the wallet's Filters tab.

✅ Final Rule

Copy behavior, not outcomes.

If you understand why a wallet wins — and can realistically mirror it — then and only then is it worth following.