Net liquidation equity

Source wallets are polled on a nominal five-second cycle. Public indexing and API response times add delay. Every entry waits at least one second after detection and takes a new order-book snapshot; it never uses the leader’s fill price as our fill.

• Only half of displayed depth is available to simulated orders. Partial fills, per-market taker fees, price limits, minimum sizes, and share rounding apply.
• $10 per event, $30 per leader, $100 total open cost. No pyramiding or revisiting an event. New entries pause after a $15 daily equity loss or $37.50 peak drawdown.
• Exits track reductions in public source inventory, checked every 30 seconds. This is proportional inventory copying, not tick-for-tick order replication. Source increases do not increase our position.
• Equity uses depth-aware bid proceeds after estimated exit fees. Missing/insufficient books are flagged; unknown positions contribute zero to a lower-bound estimate.
• Target entries end after 30 days. Remaining inventory is offered at then-current bids; unfilled dust waits for final resolution. The deadline snapshot is preserved separately.
• No maker rebates, queue priority, hidden liquidity, gas, hosting costs, or guaranteed availability are assumed. Live execution can still be worse. Books do not reserve liquidity for a simulator.

Closed-position data · Market fees · Live book feed

The engine discovers candidates from weekly and monthly leaderboards across categories, re-screens every six hours, and selects up to eight traders. Hourly reviews penalise poor realised copy results and low observed fill rates. Every change is logged; removed traders’ positions remain exit-managed. New selections start with a fresh activity baseline. The rules are versioned with the code. Large historical dollar profits are not achievable returns for a $250 account.