Copy Trading explained
Copy Trading Vaults introduce yet another avenue to earn passively on OX.FUN.
You can now earn from PNL from the moves of your favorite Master Traders by following and staking their copy trading Vaults.
You can also become a Master Trader yourself by opening your own Copy Trading Vault and earning commission from stakers for profitable trading.
By staking your $OX into Copy Trading Vaults, you get a percentage return of their trading PnL. In short: stake $OX to earn more $OX.
Go to Copy Trading to get started!
How to Copy Trade on OX.FUN
A simple step by step:
Connect your wallet
Deposit $OX (info on how to deposit can be found here)
Go to Copy Trading by clicking Copy Trading in the navigation bar at the top of the site or visiting ox.fun/copy-trading.
Choose a Vault by pressing Copy on the vault of your choice
Decide how much $OX you wish to deposit into the copy trading Vault, then confirm by pressing Copy. That’s it!
How do Vaults work?
Some important information on copy trading:
You will start copy trading in the Vault you have deposited in at 00:00 UTC the next day
You can deposit into multiple Vaults at the same time
You can instantly stake and withdraw $OX from a Copy Trading Vault at any time
Your returns are calculated based on the relative size of your staked PNL compared to the entire AUM of the Vault. Example: suppose you stake 1M $OX and total AUM for the day is 10M $OX, you get 10% of that day’s Vault PNL. Minus any commissions set by the Vault of course.
You do not see any individual trades of the Vaults you are staked in, nor will there be exact copies of the trades under your own trading history.
To check your Vault subscriptions and performance, you can click My Copies on the Copy Trading page.
How to choose a Copy Trading Vault?
To find profitable Vaults you can rank all Vaults by Profit & Loss (PnL) in the user interface by PnL. Click into a Vault to see more about the Vault’s history and details.
Here you can see:
Information about the Vault Owner
The commission rate (the % of any profit you make that will be charged by the Vault owner)
Their open positions & open orders
Their trade history & their full transaction history
Choosing the right vault to copy trade will be key to whether you make profit on your copy trading.
Become a Master Trader
If you think you have what it takes to be a Master Trader you can open your own Copy Trading Vault on OX.FUN. You can set your commission rate as high as 50%.
Navigate to the Copy Trading page and click “Become a Master Trader”
Submit your Profile Name, Description, Profile Picture and Commission Rate to get started
Connect your OX.FUN account to your Twitter Account to help increase your reputation
Start Trading and make profitable trades to attract followers to your Vault
If someone deposits $OX into your copy trading Vault and you make them profits, you will receive a % of their profits (based on your commission rate) when they withdraw from your Vault.
Battle Vaults
Occasionally you will see Featured Battle Vaults on OX.FUN. These battles feature prize pools, where the stakers of the winning vault (aka the Master Trader who has made the most profits in the competition time period) earn a share of the pool.
Staking $OX into Battle Vault (i.e. copy trading that vault) follows the same process as depositing to a regular Copy Trading Vault. Battle Vaults typically run for a set period of time before a winner is declared and deposited OX is returned to a user’s account.