⚙️ How Copy Trading Works
Olympus automatically mirrors the trades of any leader wallet you follow on Polymarket, executing the same positions from your own trading wallet — instantly and proportionally, according to your custom settings.
Once your bot is enabled, every time a followed wallet opens or closes a trade, Olympus performs the same action based on the rules and limits you define.
🧠 The Core Mechanism
When a trader you follow (a leader/target wallet) opens or closes a position on Polymarket:
- Olympus detects their new position in real time.
- Your wallet executes a mirrored trade, using your set ratio and filters.
- The trade is logged and displayed on your Dashboard (Open Positions & Trade Activity).
- Risk checks ensure the trade meets all your defined parameters before execution.
🧩 Trade Settings and Ratios
These control how your wallet copies trades from each leader.
| Setting | Description |
|---|---|
| Trade Ratio | Percentage of the leader's trade size to copy (e.g., 25% means you copy 1/4 of their position). |
| Max Trade Size | The maximum USD amount per trade your bot will execute. |
| Min Trade Size | The minimum USD amount — trades below this are skipped. |
💡 Example:
If a leader buys $400 YES, your ratio is 25%, and your max trade size is $80 — Olympus buys $80 YES for you (not $100).
📊 Risk & Market Filters
These filters define which markets your bot will trade in, preventing unwanted or illiquid positions.
| Filter | Description |
|---|---|
| Min Liquidity | Skip markets below a certain liquidity threshold. |
| Odds Range | Only trade markets within a specific odds range (e.g., 15%–85%). |
| Max Open Positions | Limit how many positions your bot can hold at once. |
| Volume Filter | Skip low-volume markets. |
🧮 Tip: Combine filters to refine your bot's behaviour — e.g.,
- Skip trades under $1000 liquidity
- Trade only between 15–85% odds
- Limit to 10 open positions max
🎯 Stop-Loss & Take-Profit
Automatically close positions once a gain or loss threshold is reached.
| Setting | Description |
|---|---|
| Take-Profit | Automatically sell when your position reaches a target profit percentage. |
| Stop-Loss | Automatically sell when your position hits a maximum loss threshold. |
These tools help lock in profits and minimize downside during volatile markets.
🪄 Execution Logic
Olympus uses a dedicated trade replication engine with real-time market monitoring.
- Trades execute in as little as 4 seconds of the leader's action.
- If a trade doesn't meet your filters or limits, it's skipped safely.
- All actions (successful or skipped) are logged in your Trade Activity section of the Trades tab.
- Failed trades (e.g., network errors, transient issues) trigger 3 automatic retries with exponential backoff (~14 seconds total).
- Skipped trades (e.g., insufficient balance, filter violations) are recorded immediately and do not retry.
🔒 Safety & Transparency
- Non-custodial: Your wallet always holds your funds.
- Role-gated access: For bow, only verified Olympus users can run the bot.
- Manual control: Pause or stop copying any wallet anytime from any mobile/desktop browser.