# Table of Contents - [Wallet Batch API | dEdge Wallet Profitability on Solana](#wallet-batch-api-dedge-wallet-profitability-on-solana) - [The Trader's Guide | dEdge Wallet Profitability on Solana](#the-trader-s-guide-dedge-wallet-profitability-on-solana) - [The Wallet Analyzer | dEdge Wallet Profitability on Solana](#the-wallet-analyzer-dedge-wallet-profitability-on-solana) - [Sol Spent and Received, Net Sol and Token Holdings | dEdge Wallet Profitability on Solana](#sol-spent-and-received-net-sol-and-token-holdings-dedge-wallet-profitability-on-solana) - [Closed Trades Overview | dEdge Wallet Profitability on Solana](#closed-trades-overview-dedge-wallet-profitability-on-solana) - [Avg Trade Size, PnL, Worst and Best Trades | dEdge Wallet Profitability on Solana](#avg-trade-size-pnl-worst-and-best-trades-dedge-wallet-profitability-on-solana) - [Percentiles of Trades PnL | dEdge Wallet Profitability on Solana](#percentiles-of-trades-pnl-dedge-wallet-profitability-on-solana) - [Trading Deltas and Percentiles | dEdge Wallet Profitability on Solana](#trading-deltas-and-percentiles-dedge-wallet-profitability-on-solana) - [What is a copytrading system? | dEdge Wallet Profitability on Solana](#what-is-a-copytrading-system-dedge-wallet-profitability-on-solana) - [Fees Overview | dEdge Wallet Profitability on Solana](#fees-overview-dedge-wallet-profitability-on-solana) - [Tokens Traded, Open and Closed Trades | dEdge Wallet Profitability on Solana](#tokens-traded-open-and-closed-trades-dedge-wallet-profitability-on-solana) - [API's introduction | dEdge Wallet Profitability on Solana](#api-s-introduction-dedge-wallet-profitability-on-solana) - [The Wallet Finder | dEdge Wallet Profitability on Solana](#the-wallet-finder-dedge-wallet-profitability-on-solana) - [Discounts | dEdge Wallet Profitability on Solana](#discounts-dedge-wallet-profitability-on-solana) - [Building a successful copytrading system | dEdge Wallet Profitability on Solana](#building-a-successful-copytrading-system-dedge-wallet-profitability-on-solana) - [Copytrading Bots | dEdge Wallet Profitability on Solana](#copytrading-bots-dedge-wallet-profitability-on-solana) - [Using the Tool for Copy Trading | dEdge Wallet Profitability on Solana](#using-the-tool-for-copy-trading-dedge-wallet-profitability-on-solana) - [Plans | dEdge Wallet Profitability on Solana](#plans-dedge-wallet-profitability-on-solana) - [Sum of Trades & PnL Relative to Avg. Trading Size | dEdge Wallet Profitability on Solana](#sum-of-trades-pnl-relative-to-avg-trading-size-dedge-wallet-profitability-on-solana) - [The Copytrader Detective | dEdge Wallet Profitability on Solana](#the-copytrader-detective-dedge-wallet-profitability-on-solana) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [The Trader's Guide | dEdge Wallet Profitability on Solana](#the-trader-s-guide-dedge-wallet-profitability-on-solana) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Unknown](#unknown) - [Copytrading Bots | dEdge Wallet Profitability on Solana](#copytrading-bots-dedge-wallet-profitability-on-solana) - [Plans | dEdge Wallet Profitability on Solana](#plans-dedge-wallet-profitability-on-solana) --- # Wallet Batch API | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api.md) . [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#overview) Overview ------------------------------------------------------------------------------------------------------------------ The Wallet Batch API provides endpoints for analyzing multiple Solana wallet addresses in batch. It offers a comprehensive analysis of trading performance, including metrics like PnL (Profit and Loss), trading patterns, and fee analysis. ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#key-features) Key Features * **Batch Processing**: Analyze up to 5 wallet addresses simultaneously * **Asynchronous Processing**: Since batch processing can be time-consuming, we use asynchronous processing to prevent delays and ensure that requests are handled correctly, avoiding timeouts. * **Comprehensive Analysis**: Detailed metrics including: * General trading performance * Closed trades analysis * Fee analysis * Trading venue usage * Time-based trading patterns ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#available-endpoints) Available Endpoints 1. **Process Wallet Batch** (`POST /process_wallet_batch`) * Initiates analysis for a batch of wallet addresses * Returns a task ID for tracking progress 2. **Check Batch Status** (`GET /batch_status/{task_id}`) * Retrieves the status and results of a batch processing task * Provides detailed analysis results when processing is complete ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#rate-limits) Rate Limits * Maximum 5 wallet addresses per batch request * Requests limites are based on the API key tier defined below [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#process-wallet-batch) Process Wallet Batch ------------------------------------------------------------------------------------------------------------------------------------------ Process multiple wallet addresses in a single batch request. ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#endpoint) Endpoint `POST /process_wallet_batch` ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#request-body) Request Body Copy { "wallet_addresses": ["address1", "address2", "address3"] } ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#response) Response When request is accepted: Copy { "task_id": "uuid-string", "message": "Processing started", "status_endpoint": "/batch_status/{task_id}" } [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#check-batch-status) Check Batch Status -------------------------------------------------------------------------------------------------------------------------------------- Check the status of a batch processing task. ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#endpoint-1) Endpoint `GET /batch_status/{task_id}` ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#response-1) Response When processing: Copy { "task_id": "uuid-string", "status": "processing" } When complete with some errors: Copy { "task_id": "uuid-string", "status": "completed", "created_at": "2024-03-21T15:30:00Z", "completed_at": "2024-03-21T15:31:00Z", "results": [\ {\ "duration": 30,\ "wallet_address": "wallet-address-1",\ "summary": {\ "general_performance": {\ "first_trade_timestamp": "2024-03-20T10:00:00Z",\ "last_trade_timestamp": "2024-03-21T15:30:00Z",\ "tokens_traded": 10,\ "trades_closed": 8,\ "trades_open": 2,\ "total_sol_spent": 50.12345,\ "total_sol_received": 55.54321,\ "net_sol": 5.41976\ },\ "closed_trades_overview": {\ "winners": 6,\ "losses": 2,\ "win_rate_percent": 75.0,\ "average_trade_size_sol": 6.26543,\ "mean_pnl_sol": 0.67747,\ "mean_pnl_percent": 10.8234,\ "std_pnl_sol": 0.32156,\ "std_pnl_percent": 5.1234,\ "min_pnl_sol": -1.23456,\ "min_pnl_percent": -15.6789,\ "10th_percentile_pnl_sol": -0.54321,\ "10th_percentile_pnl_percent": -8.7654,\ "25th_percentile_pnl_sol": 0.12345,\ "25th_percentile_pnl_percent": 2.3456,\ "50th_percentile_pnl_sol": 0.65432,\ "50th_percentile_pnl_percent": 9.8765,\ "75th_percentile_pnl_sol": 1.23456,\ "75th_percentile_pnl_percent": 18.7654,\ "90th_percentile_pnl_sol": 1.87654,\ "90th_percentile_pnl_percent": 25.4321,\ "max_pnl_sol": 2.34567,\ "max_pnl_percent": 35.6789,\ "total_pnl_sol": 5.41976,\ "total_pnl_percent": 86.5432\ },\ "fees": {\ "total_fee_spent_sol": 0.12345,\ "avg_fee_per_trade_sol": 0.01543\ },\ "wallet": {\ "wallet": "wallet-address"\ },\ "venues": {\ "venues_list": "Jupiter, Raydium, Orca"\ },\ "deltas": {\ "overall_mean_delta": 3600,\ "average_trades_per_token": 2.5,\ "overall_min_delta": 300,\ "10th_percentile": 600,\ "25th_percentile": 1800,\ "50th_percentile": 3600,\ "75th_percentile": 7200,\ "90th_percentile": 14400,\ "overall_max_delta": 86400\ }\ }\ },\ {\ "wallet_address": "wallet-address-2",\ "error": "No swaps found"\ }\ ] } When all wallets fail: Copy { "task_id": "uuid-string", "status": "completed", "created_at": "2024-03-21T15:30:00Z", "completed_at": "2024-03-21T15:31:00Z", "results": [\ {\ "wallet_address": "wallet-address-1",\ "error": "No swaps found"\ },\ {\ "wallet_address": "wallet-address-2",\ "error": "Invalid wallet address"\ }\ ] } When task not found: Copy { "detail": "Task not found" } ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#common-error-messages) Common Error Messages Error Message Description "No swaps found" The wallet has no swap transactions in the analyzed period "Invalid wallet address" The provided address is not a valid Solana address "Error processing wallet" Generic error occurred while processing the wallet ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#error-responses) Error Responses * `400 Bad Request`: When more than 5 wallet addresses are provided Copy { "detail": "Maximum of 5 wallet addresses allowed per batch" } * `500 Internal Server Error`: When an error occurs during processing [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#summary-fields-documentation) Summary Fields Documentation ---------------------------------------------------------------------------------------------------------------------------------------------------------- ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#general-performance) General Performance These fields provide an overview of the wallet's trading activity: Field Type Description `first_trade_timestamp` ISO datetime Date and time of the wallet's first trade in the analyzed period `last_trade_timestamp` ISO datetime Date and time of the wallet's most recent trade `tokens_traded` integer Total number of unique tokens traded `trades_closed` integer Number of completed trading positions `trades_open` integer Number of currently open positions `total_sol_spent` float Total amount of SOL used for purchases `total_sol_received` float Total amount of SOL received from sales `net_sol` float Net profit/loss in SOL (total\_sol\_received - total\_sol\_spent) ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#closed-trades-overview) Closed Trades Overview These fields analyze the performance of completed trades: Field Type Description `winners` integer Number of trades that resulted in profit `losses` integer Number of trades that resulted in loss `win_rate_percent` float Percentage of winning trades (winners / (winners + losses) \* 100) `average_trade_size_sol` float Average amount of SOL used per trade `mean_pnl_sol` float Average profit/loss per trade in SOL `mean_pnl_percent` float Average profit/loss per trade as a percentage `std_pnl_sol` float Standard deviation of profit/loss in SOL (volatility measure) `std_pnl_percent` float Standard deviation of profit/loss percentage `min_pnl_sol` float Largest loss in SOL `min_pnl_percent` float Largest loss as a percentage `max_pnl_sol` float Largest profit in SOL `max_pnl_percent` float Largest profit as a percentage `total_pnl_sol` float Total profit/loss in SOL `total_pnl_percent` float Total profit/loss as a percentage #### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#percentile-metrics) Percentile Metrics These fields show the distribution of profits/losses: Field Type Description `10th_percentile_pnl_sol` float 10% of trades performed worse than this SOL value `10th_percentile_pnl_percent` float 10% of trades performed worse than this percentage `25th_percentile_pnl_sol` float 25% of trades performed worse than this SOL value `25th_percentile_pnl_percent` float 25% of trades performed worse than this percentage `50th_percentile_pnl_sol` float Median profit/loss in SOL `50th_percentile_pnl_percent` float Median profit/loss percentage `75th_percentile_pnl_sol` float 75% of trades performed worse than this SOL value `75th_percentile_pnl_percent` float 75% of trades performed worse than this percentage `90th_percentile_pnl_sol` float 90% of trades performed worse than this SOL value `90th_percentile_pnl_percent` float 90% of trades performed worse than this percentage ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#fees) Fees Information about transaction fees: Field Type Description `total_fee_spent_sol` float Total amount spent on transaction fees in SOL `avg_fee_per_trade_sol` float Average fee per trade in SOL ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#wallet) Wallet Wallet identification: Field Type Description `wallet` string The wallet address being analyzed ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#venues) Venues Trading venue information: Field Type Description `venues_list` string Comma-separated list of trading platforms used (e.g., "Jupiter, Raydium, Orca") ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#deltas) Deltas Time-based analysis of trading patterns: Field Type Description `overall_mean_delta` integer Average time between trades in seconds `average_trades_per_token` float Average number of trades performed per unique token `overall_min_delta` integer Shortest time between any two trades in seconds `overall_max_delta` integer Longest time between any two trades in seconds `10th_percentile` integer 10% of trade intervals are shorter than this (seconds) `25th_percentile` integer 25% of trade intervals are shorter than this (seconds) `50th_percentile` integer Median time between trades in seconds `75th_percentile` integer 75% of trade intervals are shorter than this (seconds) `90th_percentile` integer 90% of trade intervals are shorter than this (seconds) **Notes:** * All SOL values are rounded to 5 decimal places * Percentages are expressed as floating-point numbers (e.g., 75.0 for 75%) * Time deltas are in seconds * Timestamps are in ISO 8601 format * PnL stands for Profit and Loss [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#example-usage) Example Usage ---------------------------------------------------------------------------------------------------------------------------- ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#python-example) Python Example Copy import requests import time # Your API key API_KEY = "your_api_key_here" # Headers for authentication headers = { "Content-Type": "application/json", "X-API-Key": API_KEY } # Start batch processing batch_request = { "wallet_addresses": [\ "wallet1address",\ "wallet2address"\ ] } # Make request with API key in headers response = requests.post( "https://api.dedge.pro/process_wallet_batch", headers=headers, json=batch_request ) task_id = response.json()["task_id"] # Poll status until complete while True: status_response = requests.get( f"https://api.dedge.pro/batch_status/{task_id}", headers=headers ) status_data = status_response.json() if status_data["status"] == "processing": time.sleep(15) # Wait 15 seconds before checking again continue if status_data["status"] == "completed": print("Processing complete!") print("Results:", status_data["results"]) break if status_data["status"] == "error": print("Error occurred:", status_data["error"]) break # Handle rate limits and errors if status_response.status_code == 429: print("Rate limit exceeded. Please wait before making more requests.") elif status_response.status_code == 403: print("Invalid API key") ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#javascript-node.js-example) JavaScript/Node.js Example Copy const axios = require('axios'); const API_KEY = 'your_api_key_here'; const headers = { 'Content-Type': 'application/json', 'X-API-Key': API_KEY }; async function analyzeBatch() { try { // Start batch processing const batchResponse = await axios.post('https://api.dedge.pro/process_wallet_batch', { wallet_addresses: ['wallet1address', 'wallet2address'] }, { headers }); const taskId = batchResponse.data.task_id; // Poll status until complete while (true) { const statusResponse = await axios.get( `https://api.dedge.pro/batch_status/${taskId}`, { headers } ); const statusData = statusResponse.data; if (statusData.status === 'processing') { await new Promise(resolve => setTimeout(resolve, 5000)); // Wait 5 seconds continue; } if (statusData.status === 'completed') { console.log('Processing complete!'); console.log('Results:', statusData.results); break; } if (statusData.status === 'error') { console.error('Error occurred:', statusData.error); break; } } } catch (error) { if (error.response) { if (error.response.status === 429) { console.error('Rate limit exceeded. Please wait before making more requests.'); } else if (error.response.status === 403) { console.error('Invalid API key'); } else { console.error('Error:', error.response.data); } } } } ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#curl-example) cURL Example Copy # Start batch processing curl -X POST "https://api.dedge.pro/process_wallet_batch" \ -H "Content-Type: application/json" \ -H "X-API-Key: your_api_key_here" \ -d '{ "wallet_addresses": [\ "wallet1address",\ "wallet2address"\ ] }' # Check status (replace {task_id} with the actual task ID from the previous response) curl "https://api.dedge.pro/batch_status/{task_id}" \ -H "X-API-Key: your_api_key_here" ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#rate-limits-and-api-keys) Rate Limits and API Keys Different API key tiers have different rate limits: Tier Rate Limit Daily Limit Ultimate 5 req/min 100/day Unlimited 10 req/min Unlimited When rate limits are exceeded, the API will return a 429 status code with an error message. It's recommended to implement exponential backoff in your client code to handle rate limiting gracefully. ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#error-handling) Error Handling Common error responses: Copy // Rate limit exceeded (HTTP 429) { "detail": "Rate limit exceeded. Maximum 300 requests per minute." } // Invalid API key (HTTP 403) { "detail": "Invalid API key" } // Daily limit exceeded (HTTP 429) { "detail": "Daily limit exceeded. Maximum 10,000 requests per day." } ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api#best-practices) Best Practices 1. **Store API Keys Securely**: Never expose your API key in client-side code or public repositories. 2. **Handle Rate Limits**: Implement proper error handling and backoff strategies for rate limits. 3. **Batch Efficiently**: Group wallet addresses into batches of up to 5 to minimize API calls. 4. **Monitor Usage**: Keep track of your API usage to stay within your tier's limits. 5. **Use Async Endpoints**: The batch processing is asynchronous - always check the task status endpoint for results. [PreviousAPI's introduction](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme) [NextPlans](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans) Last updated 1 year ago --- # The Trader's Guide | dEdge Wallet Profitability on Solana ![Page cover](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Fimages.unsplash.com%2Fphoto-1639754391620-197afd388802%3Fcrop%3Dentropy%26cs%3Dsrgb%26fm%3Djpg%26ixid%3DM3wxOTcwMjR8MHwxfHNlYXJjaHw2fHxibG9ja2NoYWlufGVufDB8fHx8MTczMjY2ODQ3NHww%26ixlib%3Drb-4.0.3%26q%3D85&width=1248&dpr=3&quality=100&sign=8f3d590c&sv=2) For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme.md) . This guide is designed to help you make informed decisions especially when copy trading. By understanding the key performance metrics provided by our tool, you can identify reliable traders and build a portfolio of consistent copytraders. Our analysis is also very useful for data-driven traders, as we provide a unprecedented level of depth analyzing Solana wallets. Our official links: The Bot - [https://t.me/dEdge\_solana\_bot?start=docs](https://t.me/dEdge_solana_bot?start=docs) Public Group - [https://t.me/dEdge\_solana](https://t.me/dEdge_solana) Twitter - [https://x.com/dEdge\_Solana](https://x.com/dEdge_Solana) Web - [https://dedge.pro/](https://dedge.pro/) [NextThe Wallet Analyzer](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer) Last updated 1 year ago --- # The Wallet Analyzer | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer.md) . dEdge wallet analyzer is the #1 tool in Solana. And it's very simple to use. After opening the bot, which can be found on this link - [https://t.me/dEdge\_solana\_bot?start=docs](https://t.me/dEdge_solana_bot?start=2Au5u4) You can type /start and/or you will see this screen ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2F1352467480-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtybSvn3AW65sSWRDwRqJ%252Fuploads%252F6Z2ZK8seHPWHKXkkLuF0%252Fimage.png%3Falt%3Dmedia%26token%3Decc9e91a-02c0-4ddb-ba6a-8bba0d8be50c&width=768&dpr=3&quality=100&sign=9a437dc2&sv=2) Then you just have to paste a Solana address and press Enter. Waiting time is normally from 5 seconds to 1-2 minutes, depending on how many transactions the wallet has. Then you'll receive a wallet summary similar to this one below, which we will explain all the details on this guide. ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2F1352467480-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtybSvn3AW65sSWRDwRqJ%252Fuploads%252FhrwI2QZHWrtbYnvsMBSo%252Fimage.png%3Falt%3Dmedia%26token%3D3e0c8eff-7be6-4ca4-94bf-8c3596fdc2a4&width=768&dpr=3&quality=100&sign=c9b52903&sv=2) [PreviousThe Trader's Guide](https://dedge-1.gitbook.io/dedge-sol-analyzer) [NextTokens Traded, Open and Closed Trades](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/tokens-traded-open-and-closed-trades) Last updated 1 year ago --- # Sol Spent and Received, Net Sol and Token Holdings | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sol-spent-and-received-net-sol-and-token-holdings.md) . ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXfk4JXMQUjNtVZ5MXI_zFWfJ9l5UdN2q4VWw4cD5c2ACFk7PHywASEsDFFUnegu5eRQTLgQw1pyWsY0OQYgxeet0btU31puVxmi-g42VDtq9biPo9wPgTFf6ssQEdIGhbCpkyegkA%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=2ae2ef0b&sv=2) * **SOL Spent:** Considers closed and open trades, sums all the SOL that the wallet has spent buying tokens. * **SOL Received:** Considers closed and open trades, sums all the SOL that the wallet has received from selling tokens. Excludes SOL received from selling tokens that got transferred into the wallet - this is very important, as most wallet analyzer tools out there would just consider it as a profit. We take a more conservative approach by not overestimating performance at any point. * **Net SOL:** This metric represents the difference between SOL received and SOL spent by the wallet so far. _When this number looks odd, take into consideration that the wallet may have transferred tokens in or out, which is impossible to account for in our metrics._ _Also, if the number of SOL spent is much higher than SOL received, the wallet might have open positions, that could be winners or losers. Total token holdings (metric below) will give a clue if this makes sense._ _It’s very common for some wallets to not sell losing positions and let losers ride to zero._ _Otherwise, if Net SOL is positive, it’s a good indicator of profitability._ _Always take these wallet “consolidated numbers” with a grain of salt, especially because the on-chain trading scene is diverse, and it might not be accounting for a certain token transfer or something else._ * **Total Token Holdings:** This metric shows the trader's current token holdings in SOL and USDT terms. It could be read as unrealized profit if the wallet has not transferred in or out any token. _If Net SOL + token holdings is a negative number, that probably means the wallet is really losing._ _If Net SOL is a negative number but token holding is a positive number that accounts for that negative Net SOL, that means the wallet could be a winner, it just needs to close the trades to know the real profitability._ _Take into consideration that it considers tokens that were transferred into the wallet and tokens sent out will be excluded here. If the wallet has too many tokens, there could be a slight variation in this number due to RPC issues._ [PreviousTokens Traded, Open and Closed Trades](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/tokens-traded-open-and-closed-trades) [NextClosed Trades Overview](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/closed-trades-overview) Last updated 1 year ago --- # Closed Trades Overview | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/closed-trades-overview.md) . ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/closed-trades-overview#important-all-the-analysis-we-do-is-based-on-closed-trades-that-means-we-will-account-as-a-trade-onl) Important: All the analysis we do is based on closed trades, that means we will account as a trade only when the wallet has sold 100% of the token. ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXfHx9htyX_1OfCx1_hMn6SJxZoiBk7wdZdkyVnI7X-1S7ayh1RHjY6_WEuVRA2uUpUoTlC264OSuZVoAlwC5Y2612P4gRmQqShxoNljGkJCH1Tw823TkXKsV9Vc4durQPwcIn03YA%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=b60d296e&sv=2) * **Winners:** Number of winning trades * **Losses:** Number of losing trades * **Win Rate:** This metric measures the percentage of profitable trades. A higher win rate indicates a more consistent trader. It’s an important metric but there are many successful traders with lower win rates. [PreviousSol Spent and Received, Net Sol and Token Holdings](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sol-spent-and-received-net-sol-and-token-holdings) [NextAvg Trade Size, PnL, Worst and Best Trades](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/avg-trade-size-pnl-worst-and-best-trades) Last updated 1 year ago --- # Avg Trade Size, PnL, Worst and Best Trades | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/avg-trade-size-pnl-worst-and-best-trades.md) . ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXen7g7dC2qQZ0KdPwrM19_OHB81e2nMfvFA-vH2i_lBKLv_nW3iiiq9rYw77TSdATSNilF0EY4lpIG6GDW5t9YqGLZOmcHD-c6VopWkDVAJQX29CjgEjgD5vA8FbY0ou3DtiOA2nQ%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=317e1d66&sv=2) * **Average Trade Size:** This metric shows the average size of the trader's positions. It’s calculated by the total amount bought in SOL divided by the number of tokens traded. It’s useful to give an idea of how big the trader is. * **Average Trade PnL:** This metric measures the average profit or loss per trade. It’s the mean of all trades in SOL and in percentage terms. * **Worst Trade:** Represents the biggest loss the trader had and how much it represented in percentage of that trade. If you plan to trade big, be mindful of big losses. * **Best Trade:** This metric highlights the trader's extreme performance outcome. Don’t get too attached to it, as most “profitable” wallets out there have one HUGE win but actually performs poorly if you look at its consistency, which means your performance will be poor if you copy this guy, as it’s very unlikely he will hit a huge win again. [PreviousClosed Trades Overview](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/closed-trades-overview) [NextPercentiles of Trades PnL](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/percentiles-of-trades-pnl) Last updated 1 year ago --- # Percentiles of Trades PnL | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/percentiles-of-trades-pnl.md) . ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXdhxtyh4-4wQA88_4kD7zaxA1aSoqN8OrsFwsHYwL4cgGTq2MN_m17ECDQqdiReGlIYq-srmdQYoRhBsHOD0CEpx9qgKpQ-LXc1SaS4XF4BeVLA8NfK9fTVsGjDUU3gX96Lq2FC1g%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=77a9c420&sv=2) * **Percentiles of Trades PnL:** This is probably the most important metric for copytraders. Percentiles provide a representation of the distribution of trade outcomes. ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/percentiles-of-trades-pnl#but-what-is-a-percentile) But what is a percentile? Percentile is a number [denoting](https://www.britannica.com/dictionary/denoting) the position of a data point within a numeric dataset by indicating the [percentage](https://www.britannica.com/topic/percentage) of the dataset with a lesser value. For example, a data point that falls at the 75th percentile has a value greater than 75 percent of the data points within the dataset. In the example above, the 75th percentile is 237 SOL or 536%. This means, 75% percent of the trades made less than 237 SOL or 536% and 25% of the trades made more than 237 SOL or 536%, which isn’t bad. If you look at the 10th percentile, it’s a loss of 43 SOL or -88%. This means, 10% of the trades lost 43 SOL or more! Be careful. The 50th percentile is also known as median. Always analyze percentiles to see if the trader is consistent. The example above is a good example of consistency, even the 25th percentile is a relatively small loss if you compare to the trading size so you have that 75% of time this wallet did not lose a considerable amount but rather had a lot of considerable big wins. If you are still unsure, this brief youtube video explains it clearly: [https://www.youtube.com/watch?v=s6cMpDEzq\_4](https://www.youtube.com/watch?v=s6cMpDEzq_4) [PreviousAvg Trade Size, PnL, Worst and Best Trades](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/avg-trade-size-pnl-worst-and-best-trades) [NextSum of Trades & PnL Relative to Avg. Trading Size](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sum-of-trades-and-pnl-relative-to-avg.-trading-size) Last updated 1 year ago --- # Trading Deltas and Percentiles | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/trading-deltas-and-percentiles.md) . ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/trading-deltas-and-percentiles#this-is-a-very-important-metric-especially-if-you-want-to-copytrade) This is a very important metric, especially if you want to copytrade. ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXcOiY1mECCim5maiR7WtGyB0d67Fdx7h_oaxjgN7hZ3jkr3uFmd47OsYdGPeb71WxL5lTjMRrTY4NxwDJnLvJCHew8cRb6eRyYuAzmfW4sY0Qp4keriu9y0_SJ1Lw6_DORemqZ7%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=a6322212&sv=2) * **Average Trading Time:** This metric shows the average time taken to complete a trade. It’s just to give an idea and could be biased if the longest trade took too long to close. * **Trades per Token:** This metric indicates the frequency of trades for each token. Some higher frequency traders will trade the same token many times. * **Min/Max/Percentiles:** These metrics provide insights into how fast the wallet trades and are really important for a good copytrading system because higher frequency traders are very hard to copy and you will likely lose money. As a rule of thumb, avoid copying wallets that the 10th percentile is below 60-100 seconds. If you want to understand this further, read more on “[What is a copytrading system?](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system) ” and “[Building a successful copytrading system](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/building-a-successful-copytrading-system) ” [PreviousSum of Trades & PnL Relative to Avg. Trading Size](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sum-of-trades-and-pnl-relative-to-avg.-trading-size) [NextFees Overview](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/fees-overview) Last updated 1 year ago --- # What is a copytrading system? | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system.md) . * It’s a system in which a copytrader aims to copy a successful wallet in order to profit similarly. Most beginner traders think they just need a wallet with big profits and high win rate but it's actually they need much more than that. * It’s composed of a lead wallet (to be copied), your wallet (copytrader) and an execution system (copytrade bot). [PreviousThe Copytrader Detective](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-copytrader-detective) [NextBuilding a successful copytrading system](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/building-a-successful-copytrading-system) Last updated 1 year ago --- # Fees Overview | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/fees-overview.md) . ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXer9sCDvOH4bHIJ9KNmvYKm0SZjuxRMWrIVVw5kmEn5s3eixrryrICM1kLJasewfkUj4RFbnqcdVyaQNJL2wzRrpfk7IVHJvZZrG5DzZ_EnyEkJusEhyc0_p15geAxmc_gYT-3KAg%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=f4ece0aa&sv=2) * **Total Spent on Fees:** This metric shows the total amount spent on transaction fees buying and selling tokens, so you have an idea how much the wallet has spent so far on fees. * **Average Fee per Tx:** This metric shows the average fee per transaction, which is the total spent on fees divided by the number of transactions. It’s important to observe this number as some traders use really high fees to get their transactions processed faster. This means if you have a good copybot but still lagging considerably behind the trader, you might wanna compare if your fee is too low. [PreviousTrading Deltas and Percentiles](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/trading-deltas-and-percentiles) [NextThe Wallet Finder](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-finder) Last updated 1 year ago --- # Tokens Traded, Open and Closed Trades | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/tokens-traded-open-and-closed-trades.md) . ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXcgCijd23V5h6CxZWqJQw_6d1EuQqWTBANzgiepLmoGI6Hqy9XWjFvSq8lvGFKgkH8oycxnPYiVholpxKpkN8FvcIYplr2Pk-mGiigE8BZ24urT1wh9DKbraXqbC2iGz1jJjU2t_Q%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=87adb4f3&sv=2) * **Unique Tokens Traded:** This metric reflects the number of tokens the wallet has traded so far. A higher number indicates a more diversified approach and longer track record. But be careful if there are too many tokens in a very short time span, as it could be a high frequency trader which is bad for copytrading. * **Trades Closed:** Closed trades represent fully closed positions and that the profit or loss of those positions is being considered for the other metrics. A wallet with all its trades closed means the returns you see are 100% fact. This is an important factor. * **Trades Open:** Open trades means there are still tokens to be sold in order to fully close the position. That means these positions could be either a win or a loss. We are not considering unrealized profits into our metrics. Be careful with too many open positions, because a trader could look profitable with a few closed positions on the metrics but with the open unrealized positions he could be a big loser. When the ratio of trades open to trades closed is high, better avoid these wallets. [PreviousThe Wallet Analyzer](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer) [NextSol Spent and Received, Net Sol and Token Holdings](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sol-spent-and-received-net-sol-and-token-holdings) Last updated 1 year ago --- # API's introduction | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme.md) . [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme#introduction) Introduction --------------------------------------------------------------------------------------------------------- Welcome to the dEdge Solana Wallet Analysis API documentation. This API provides comprehensive tools for analyzing trading performance and patterns of Solana wallets. Whether you're tracking individual traders or analyzing multiple wallets in batch, our API offers detailed insights into trading behavior, performance metrics, and market participation. [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme#features) Features ------------------------------------------------------------------------------------------------- * **Batch Processing**: Analyze multiple wallets simultaneously * **Comprehensive Metrics**: Get detailed insights into: * Trading performance and PnL * Win rates and trade statistics * Fee analysis * Trading patterns and timing * Venue usage across DEXs * **Historical Analysis**: Track performance over customizable time periods * **Asynchronous Processing**: Enables efficient handling of large data sets by processing them in the background, allowing for faster response times and reduced latency. [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme#getting-started) Getting Started --------------------------------------------------------------------------------------------------------------- To get started with the API, check out our [Wallet Batch API](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api) documentation for detailed endpoint specifications and usage examples. [](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme#support) Support ----------------------------------------------------------------------------------------------- If you encounter any issues or have questions, please: 1. Check the documentation thoroughly 2. Contact our support team on telegram for additional help [PreviousUsing the Tool for Copy Trading](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/using-the-tool-for-copy-trading) [NextWallet Batch API](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api) Last updated 1 year ago --- # The Wallet Finder | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-finder.md) . As the name says, we find and deliver highly profitable wallets to our users. We have 2 main products: A general wallet finder, that finds profitable wallets at the easy of a click. A curated wallets tool, that has special filters for copytraders. ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2F1352467480-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtybSvn3AW65sSWRDwRqJ%252Fuploads%252FC2CihxQ02qN0gG3GYJRZ%252Fimage.png%3Falt%3Dmedia%26token%3D36c98c02-c7db-4ab3-a93b-139daa0117a8&width=768&dpr=3&quality=100&sign=dc80fd3&sv=2) After clicking one of the buttons, it will find a wallet on the blockchain for you. ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2F1352467480-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtybSvn3AW65sSWRDwRqJ%252Fuploads%252FggzK8pd5jwEC6cCZx13B%252Fimage.png%3Falt%3Dmedia%26token%3Ddc8ed870-3f8b-4cff-a8bc-ffa14b7578f4&width=768&dpr=3&quality=100&sign=b6bb1d6c&sv=2) According to you subscription plan, you get access to more wallets. [PreviousFees Overview](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/fees-overview) [NextThe Copytrader Detective](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-copytrader-detective) Last updated 1 year ago --- # Discounts | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans/discounts.md) . * 3-month subscription: 10% off * 6-month subscription: 15% off * 12-month subscription: 25% off ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans/discounts#pricing-examples-with-discounts-applied) Pricing Examples (with discounts applied) ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXctNALwtJS8oN4Is7EcLA8Hu0Mj4KZQQbwOSU-YXDqCrte2TcLWIdfm-PWg5ixee7hxwXrJic6kUDRmmoSH-ogecmflI1LOSx0ypNkCQu5dxR2bieHOIXSiZQsw5uGiIoiEgRKnUH2TWTZP0cM9aCUQ7c1x%3Fkey%3D9KSHTZ5I9qVUhEAf6LHVAw&width=768&dpr=3&quality=100&sign=c9741db5&sv=2) ### [](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans/discounts#note-lifetime-edge-is-a-one-time-payment-of-10-sol-and-therefore-is-not-eligible-for-discounts) Note: Lifetime Edge is a one-time payment of 10 SOL and therefore is not eligible for discounts. [PreviousPlans](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans) Last updated 1 year ago --- # Building a successful copytrading system | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/building-a-successful-copytrading-system.md) . In order to be successful at copytrading, you need: * A profitable and consistent lead wallet (after understanding completely how our summary works, it should be enough to address that properly after some research) * A good execution system, this means your copytrade bot must be good (use our partners, you will find a link for them in the bot menu). And this is very important because the bot has 2 very important tasks. * The first is to monitor everything the lead wallet is doing and the second is to send a buy/sell transaction after spotting the transaction the lead wallet is doing. * For such tasks, the bots use RPCs and there’s considerable differences between them. Expect that most of them will perform poorly, so monitoring and transaction landing will be slow compared to the best ones. * Make sure you verify wallet performance but also the trading deltas of the lead wallet. If the trading deltas are too low, that means the wallet opens and closes the position too fast. This means your bot will likely not execute as fast as the trader, drastically increasing your odds of losing. * Understand that, if a consistently profitable trader opens and closes positions fast, it means that’s probably his trading edge. It can somewhat be considered a “high frequency” trading system and your odds of copytrading successfully this system is very low. ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXdLiflJHdQ74aYo4jS75s3G8RAUumanfsiVrY767jZ3fdqCAmthM0WoPVdxpO1uEHMouH7Y7zzSCNn8iSukwagdlFkf6zWY5mz9JaqFvk6X8btinJw6aFuezd7k34b02w61uBOs_w%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=6ce08c05&sv=2) * In order to be successful copying a wallet, you should aim for traders with higher trading delta percentiles. The minimum could be low (as the trader may have done a trade or two that had to be closed fast) but the 10th percentile should be at least 60 seconds. That means only 10% of trades took less than 60 seconds and 90% of trades took longer than that, which means you will likely perform similarly to the trader as he’s trading on longer timeframes. * You can expect 1 to 5 seconds delay when buying/selling with a good copybot. This delay will likely not cause a considerable gap in buy/sell prices if the lead wallet is trading in longer timeframes like 5, 10 or 30+ minutes on average. [PreviousWhat is a copytrading system?](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system) [NextUsing the Tool for Copy Trading](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/using-the-tool-for-copy-trading) Last updated 1 year ago --- # Copytrading Bots | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/partners/copytrading-bots.md) . We recommend using our partner: [https://t.me/TradeWiz\_Solbot?start=r-26BH26XA23](https://t.me/TradeWiz_Solbot?start=r-26BH26XA23) Last updated 1 year ago --- # Using the Tool for Copy Trading | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/using-the-tool-for-copy-trading.md) . * **Identifying Reliable Traders:** Look for traders with consistent performance, with at least 20-30 trades closed. Trades and Delta percentiles must make sense, these are the most important metrics for a copytrader. Otherwise, better keep doing your research. * **Avoiding HFT Strategies:** Be cautious of traders who use high frequency strategies like arbitrage, sniping or MEV. You will not be successful copying these traders. * **Diversifying Your Portfolio:** Try to find copy traders with different trading styles and strategies to reduce risk. Traders with a low correlation to each other will produce the best output in the long run, it doesn't matter the direction of the market. * **Monitoring Performance:** Start with small trading size and regularly monitor the performance of your copy trading portfolio and make adjustments as needed. We have an advanced tool for copytrade performance monitoring that can be used by typing /tracing leadWallet,copierWallet (separated by comma) Remember: * **Always conduct your own research and due diligence before copying a trader.** * **Never invest more than you can afford to lose.** * **Diversification is key to managing risk.** * **Stay informed about market trends and news.** * **Chat with professional traders on our public group https://t.me/dEdge\_Solana** By understanding these key metrics and following these tips, you can make informed decisions and maximize your returns in copy trading. [PreviousBuilding a successful copytrading system](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/building-a-successful-copytrading-system) [NextAPI's introduction](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme) Last updated 1 year ago --- # Plans | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans.md) . * **Premium Edge:** Perfect for active traders looking to enhance their analysis capabilities with more searches and advanced metrics. * **Ultimate Edge:** Ideal for professional traders and analysts requiring unlimited access, advanced features, and exclusive community access for premium networking opportunities. * **Lifetime Edge:** Exclusive offer for dedicated users seeking long-term value, insider benefits, and top-tier connections in the Solana trading world. All premium tiers include access to the core features, with additional benefits scaling up with each tier. Upgrade now to unlock the full potential of your Solana trading analysis! ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXcjRWfcBxT5HCrjreRMj5MC0NVUr2LEtVwLJs-tis8x_FrUk-ybrHdouI9LEZsRZwq2VymWOcIgLA4Fi6Z95DOMxLxuxHUxu2FtNvaasKeFAdtQGyQIvkJOCUNAA7jHpqdIe5bFrJUG7efLrcNOjbGdfZQ%3Fkey%3D9KSHTZ5I9qVUhEAf6LHVAw&width=768&dpr=3&quality=100&sign=e0ad156e&sv=2) [PreviousWallet Batch API](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api) [NextDiscounts](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans/discounts) Last updated 1 year ago --- # Sum of Trades & PnL Relative to Avg. Trading Size | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sum-of-trades-and-pnl-relative-to-avg.-trading-size.md) . ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXdSTOBH_KIITZ9dbgLuEVn3Twmyq2xPGq_0lrhABG_acuxEj7YwLZwWHMdtMIw3FBlCKKg0-I24ue9HmBT2OFAzNb_gS7uOIva4LlLByjzWNfyQUH7QABRpEapnG-DsSMi9BMGpVg%3Fkey%3Dm0GzAL3FlmE0wExkYvJ8q03P&width=768&dpr=3&quality=100&sign=1182314b&sv=2) * **Sum of Trades PnL:** This the sum of all closed trades profits and losses. This the most real and conservative approach to real profitability. Especially if Net SOL points to a similar number (and there are a small amount or no open trades at all). * **PnL relative to avg. trading size:** This metric derives from the sum of trades PnL (above) divided the average trading size (also above). It’s a number to give an idea of overall wallet performance. It’s the closest we can get to accumulated returns of an equity curve given the composability nature of on-chain trading, especially If the wallet trades clean (buy and sell 100% of the tokens and has no in/out token transfers). [PreviousPercentiles of Trades PnL](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/percentiles-of-trades-pnl) [NextTrading Deltas and Percentiles](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/trading-deltas-and-percentiles) Last updated 1 year ago --- # The Copytrader Detective | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-copytrader-detective.md) . This an advanced tool for analyzing your copytrading perfomance. It's in final steps of construction. If you want to try it, just type /tracing followed by the wallet you're following (the lead wallet) separeted by comma from your wallet (copier wallet) like the example below /tracing leadWallet,copierWallet it will look like this: /tracing D37KwuoeLJJqVkD9EPaLD4zfwAZdp7WnH6BoJ5BPJ8rb,58FnazdGmCKZPeiMJ2rzujkeUR1HURr9cJNvVPxechKt And you will receive a preliminar report of the effectiveness of you wallet compared to the lead wallet. If you are an active copytrader, reach us on the public group so we can show how it works for you - [https://t.me/dEdge\_Solana](https://t.me/dEdge_Solana) This product still needs some adjustments so feedbacks are welcome. [PreviousThe Wallet Finder](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-finder) [NextWhat is a copytrading system?](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system) Last updated 1 year ago --- # Unknown \# dEdge Wallet Profitability on Solana ## dEdge Docs - \[The Trader's Guide\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme.md) - \[The Wallet Analyzer\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer.md) - \[Tokens Traded, Open and Closed Trades\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/tokens-traded-open-and-closed-trades.md) - \[Sol Spent and Received, Net Sol and Token Holdings\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sol-spent-and-received-net-sol-and-token-holdings.md) - \[Closed Trades Overview\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/closed-trades-overview.md) - \[Avg Trade Size, PnL, Worst and Best Trades\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/avg-trade-size-pnl-worst-and-best-trades.md) - \[Percentiles of Trades PnL\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/percentiles-of-trades-pnl.md) - \[Sum of Trades & PnL Relative to Avg. Trading Size\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sum-of-trades-and-pnl-relative-to-avg.-trading-size.md) - \[Trading Deltas and Percentiles\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/trading-deltas-and-percentiles.md) - \[Fees Overview\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/fees-overview.md) - \[The Wallet Finder\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-finder.md) - \[The Copytrader Detective\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-copytrader-detective.md) - \[What is a copytrading system?\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system.md) - \[Building a successful copytrading system\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/building-a-successful-copytrading-system.md) - \[Using the Tool for Copy Trading\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/using-the-tool-for-copy-trading.md) - \[API's introduction\](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme.md) - \[Wallet Batch API\](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api.md) - \[Plans\](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans.md) - \[Discounts\](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans/discounts.md) - \[Copytrading Bots\](https://dedge-1.gitbook.io/dedge-sol-analyzer/partners/copytrading-bots.md) --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api.md). # Wallet Batch API ## Overview The Wallet Batch API provides endpoints for analyzing multiple Solana wallet addresses in batch. It offers a comprehensive analysis of trading performance, including metrics like PnL (Profit and Loss), trading patterns, and fee analysis. ### Key Features \* \*\*Batch Processing\*\*: Analyze up to 5 wallet addresses simultaneously \* \*\*Asynchronous Processing\*\*: Since batch processing can be time-consuming, we use asynchronous processing to prevent delays and ensure that requests are handled correctly, avoiding timeouts. \* \*\*Comprehensive Analysis\*\*: Detailed metrics including: \* General trading performance \* Closed trades analysis \* Fee analysis \* Trading venue usage \* Time-based trading patterns ### Available Endpoints 1. \*\*Process Wallet Batch\*\* (\`POST /process\_wallet\_batch\`) \* Initiates analysis for a batch of wallet addresses \* Returns a task ID for tracking progress 2. \*\*Check Batch Status\*\* (\`GET /batch\_status/{task\_id}\`) \* Retrieves the status and results of a batch processing task \* Provides detailed analysis results when processing is complete ### Rate Limits \* Maximum 5 wallet addresses per batch request \* Requests limites are based on the API key tier defined below ## Process Wallet Batch Process multiple wallet addresses in a single batch request. ### Endpoint \`POST /process\_wallet\_batch\` ### Request Body \`\`\`json { "wallet\_addresses": \["address1", "address2", "address3"\] } \`\`\` ### Response When request is accepted: \`\`\`json { "task\_id": "uuid-string", "message": "Processing started", "status\_endpoint": "/batch\_status/{task\_id}" } \`\`\` ## Check Batch Status Check the status of a batch processing task. ### Endpoint \`GET /batch\_status/{task\_id}\` ### Response When processing: \`\`\`json { "task\_id": "uuid-string", "status": "processing" } \`\`\` When complete with some errors: \`\`\`json { "task\_id": "uuid-string", "status": "completed", "created\_at": "2024-03-21T15:30:00Z", "completed\_at": "2024-03-21T15:31:00Z", "results": \[\ {\ "duration": 30,\ "wallet\_address": "wallet-address-1",\ "summary": {\ "general\_performance": {\ "first\_trade\_timestamp": "2024-03-20T10:00:00Z",\ "last\_trade\_timestamp": "2024-03-21T15:30:00Z",\ "tokens\_traded": 10,\ "trades\_closed": 8,\ "trades\_open": 2,\ "total\_sol\_spent": 50.12345,\ "total\_sol\_received": 55.54321,\ "net\_sol": 5.41976\ },\ "closed\_trades\_overview": {\ "winners": 6,\ "losses": 2,\ "win\_rate\_percent": 75.0,\ "average\_trade\_size\_sol": 6.26543,\ "mean\_pnl\_sol": 0.67747,\ "mean\_pnl\_percent": 10.8234,\ "std\_pnl\_sol": 0.32156,\ "std\_pnl\_percent": 5.1234,\ "min\_pnl\_sol": -1.23456,\ "min\_pnl\_percent": -15.6789,\ "10th\_percentile\_pnl\_sol": -0.54321,\ "10th\_percentile\_pnl\_percent": -8.7654,\ "25th\_percentile\_pnl\_sol": 0.12345,\ "25th\_percentile\_pnl\_percent": 2.3456,\ "50th\_percentile\_pnl\_sol": 0.65432,\ "50th\_percentile\_pnl\_percent": 9.8765,\ "75th\_percentile\_pnl\_sol": 1.23456,\ "75th\_percentile\_pnl\_percent": 18.7654,\ "90th\_percentile\_pnl\_sol": 1.87654,\ "90th\_percentile\_pnl\_percent": 25.4321,\ "max\_pnl\_sol": 2.34567,\ "max\_pnl\_percent": 35.6789,\ "total\_pnl\_sol": 5.41976,\ "total\_pnl\_percent": 86.5432\ },\ "fees": {\ "total\_fee\_spent\_sol": 0.12345,\ "avg\_fee\_per\_trade\_sol": 0.01543\ },\ "wallet": {\ "wallet": "wallet-address"\ },\ "venues": {\ "venues\_list": "Jupiter, Raydium, Orca"\ },\ "deltas": {\ "overall\_mean\_delta": 3600,\ "average\_trades\_per\_token": 2.5,\ "overall\_min\_delta": 300,\ "10th\_percentile": 600,\ "25th\_percentile": 1800,\ "50th\_percentile": 3600,\ "75th\_percentile": 7200,\ "90th\_percentile": 14400,\ "overall\_max\_delta": 86400\ }\ }\ },\ {\ "wallet\_address": "wallet-address-2",\ "error": "No swaps found"\ }\ \] } \`\`\` When all wallets fail: \`\`\`json { "task\_id": "uuid-string", "status": "completed", "created\_at": "2024-03-21T15:30:00Z", "completed\_at": "2024-03-21T15:31:00Z", "results": \[\ {\ "wallet\_address": "wallet-address-1",\ "error": "No swaps found"\ },\ {\ "wallet\_address": "wallet-address-2",\ "error": "Invalid wallet address"\ }\ \] } \`\`\` When task not found: \`\`\`json { "detail": "Task not found" } \`\`\` ### Common Error Messages | Error Message | Description | | ------------------------- | ---------------------------------------------------------- | | "No swaps found" | The wallet has no swap transactions in the analyzed period | | "Invalid wallet address" | The provided address is not a valid Solana address | | "Error processing wallet" | Generic error occurred while processing the wallet | ### Error Responses \* \`400 Bad Request\`: When more than 5 wallet addresses are provided \`\`\`json { "detail": "Maximum of 5 wallet addresses allowed per batch" } \`\`\` \* \`500 Internal Server Error\`: When an error occurs during processing ## Summary Fields Documentation ### General Performance These fields provide an overview of the wallet's trading activity: | Field | Type | Description | | ----------------------- | ------------ | ----------------------------------------------------------------- | | \`first\_trade\_timestamp\` | ISO datetime | Date and time of the wallet's first trade in the analyzed period | | \`last\_trade\_timestamp\` | ISO datetime | Date and time of the wallet's most recent trade | | \`tokens\_traded\` | integer | Total number of unique tokens traded | | \`trades\_closed\` | integer | Number of completed trading positions | | \`trades\_open\` | integer | Number of currently open positions | | \`total\_sol\_spent\` | float | Total amount of SOL used for purchases | | \`total\_sol\_received\` | float | Total amount of SOL received from sales | | \`net\_sol\` | float | Net profit/loss in SOL (total\\\_sol\\\_received - total\\\_sol\\\_spent) | ### Closed Trades Overview These fields analyze the performance of completed trades: | Field | Type | Description | | ------------------------ | ------- | ------------------------------------------------------------------ | | \`winners\` | integer | Number of trades that resulted in profit | | \`losses\` | integer | Number of trades that resulted in loss | | \`win\_rate\_percent\` | float | Percentage of winning trades (winners / (winners + losses) \\\* 100) | | \`average\_trade\_size\_sol\` | float | Average amount of SOL used per trade | | \`mean\_pnl\_sol\` | float | Average profit/loss per trade in SOL | | \`mean\_pnl\_percent\` | float | Average profit/loss per trade as a percentage | | \`std\_pnl\_sol\` | float | Standard deviation of profit/loss in SOL (volatility measure) | | \`std\_pnl\_percent\` | float | Standard deviation of profit/loss percentage | | \`min\_pnl\_sol\` | float | Largest loss in SOL | | \`min\_pnl\_percent\` | float | Largest loss as a percentage | | \`max\_pnl\_sol\` | float | Largest profit in SOL | | \`max\_pnl\_percent\` | float | Largest profit as a percentage | | \`total\_pnl\_sol\` | float | Total profit/loss in SOL | | \`total\_pnl\_percent\` | float | Total profit/loss as a percentage | #### Percentile Metrics These fields show the distribution of profits/losses: | Field | Type | Description | | ----------------------------- | ----- | -------------------------------------------------- | | \`10th\_percentile\_pnl\_sol\` | float | 10% of trades performed worse than this SOL value | | \`10th\_percentile\_pnl\_percent\` | float | 10% of trades performed worse than this percentage | | \`25th\_percentile\_pnl\_sol\` | float | 25% of trades performed worse than this SOL value | | \`25th\_percentile\_pnl\_percent\` | float | 25% of trades performed worse than this percentage | | \`50th\_percentile\_pnl\_sol\` | float | Median profit/loss in SOL | | \`50th\_percentile\_pnl\_percent\` | float | Median profit/loss percentage | | \`75th\_percentile\_pnl\_sol\` | float | 75% of trades performed worse than this SOL value | | \`75th\_percentile\_pnl\_percent\` | float | 75% of trades performed worse than this percentage | | \`90th\_percentile\_pnl\_sol\` | float | 90% of trades performed worse than this SOL value | | \`90th\_percentile\_pnl\_percent\` | float | 90% of trades performed worse than this percentage | ### Fees Information about transaction fees: | Field | Type | Description | | ----------------------- | ----- | --------------------------------------------- | | \`total\_fee\_spent\_sol\` | float | Total amount spent on transaction fees in SOL | | \`avg\_fee\_per\_trade\_sol\` | float | Average fee per trade in SOL | ### Wallet Wallet identification: | Field | Type | Description | | -------- | ------ | --------------------------------- | | \`wallet\` | string | The wallet address being analyzed | ### Venues Trading venue information: | Field | Type | Description | | ------------- | ------ | ------------------------------------------------------------------------------- | | \`venues\_list\` | string | Comma-separated list of trading platforms used (e.g., "Jupiter, Raydium, Orca") | ### Deltas Time-based analysis of trading patterns: | Field | Type | Description | | -------------------------- | ------- | ------------------------------------------------------ | | \`overall\_mean\_delta\` | integer | Average time between trades in seconds | | \`average\_trades\_per\_token\` | float | Average number of trades performed per unique token | | \`overall\_min\_delta\` | integer | Shortest time between any two trades in seconds | | \`overall\_max\_delta\` | integer | Longest time between any two trades in seconds | | \`10th\_percentile\` | integer | 10% of trade intervals are shorter than this (seconds) | | \`25th\_percentile\` | integer | 25% of trade intervals are shorter than this (seconds) | | \`50th\_percentile\` | integer | Median time between trades in seconds | | \`75th\_percentile\` | integer | 75% of trade intervals are shorter than this (seconds) | | \`90th\_percentile\` | integer | 90% of trade intervals are shorter than this (seconds) | \*\*Notes:\*\* \* All SOL values are rounded to 5 decimal places \* Percentages are expressed as floating-point numbers (e.g., 75.0 for 75%) \* Time deltas are in seconds \* Timestamps are in ISO 8601 format \* PnL stands for Profit and Loss ## Example Usage ### Python Example \`\`\`python import requests import time # Your API key API\_KEY = "your\_api\_key\_here" # Headers for authentication headers = { "Content-Type": "application/json", "X-API-Key": API\_KEY } # Start batch processing batch\_request = { "wallet\_addresses": \[\ "wallet1address",\ "wallet2address"\ \] } # Make request with API key in headers response = requests.post( "https://api.dedge.pro/process\_wallet\_batch", headers=headers, json=batch\_request ) task\_id = response.json()\["task\_id"\] # Poll status until complete while True: status\_response = requests.get( f"https://api.dedge.pro/batch\_status/{task\_id}", headers=headers ) status\_data = status\_response.json() if status\_data\["status"\] == "processing": time.sleep(15) # Wait 15 seconds before checking again continue if status\_data\["status"\] == "completed": print("Processing complete!") print("Results:", status\_data\["results"\]) break if status\_data\["status"\] == "error": print("Error occurred:", status\_data\["error"\]) break # Handle rate limits and errors if status\_response.status\_code == 429: print("Rate limit exceeded. Please wait before making more requests.") elif status\_response.status\_code == 403: print("Invalid API key") \`\`\` ### JavaScript/Node.js Example \`\`\`javascript const axios = require('axios'); const API\_KEY = 'your\_api\_key\_here'; const headers = { 'Content-Type': 'application/json', 'X-API-Key': API\_KEY }; async function analyzeBatch() { try { // Start batch processing const batchResponse = await axios.post('https://api.dedge.pro/process\_wallet\_batch', { wallet\_addresses: \['wallet1address', 'wallet2address'\] }, { headers }); const taskId = batchResponse.data.task\_id; // Poll status until complete while (true) { const statusResponse = await axios.get( \`https://api.dedge.pro/batch\_status/${taskId}\`, { headers } ); const statusData = statusResponse.data; if (statusData.status === 'processing') { await new Promise(resolve => setTimeout(resolve, 5000)); // Wait 5 seconds continue; } if (statusData.status === 'completed') { console.log('Processing complete!'); console.log('Results:', statusData.results); break; } if (statusData.status === 'error') { console.error('Error occurred:', statusData.error); break; } } } catch (error) { if (error.response) { if (error.response.status === 429) { console.error('Rate limit exceeded. Please wait before making more requests.'); } else if (error.response.status === 403) { console.error('Invalid API key'); } else { console.error('Error:', error.response.data); } } } } \`\`\` ### cURL Example \`\`\`bash # Start batch processing curl -X POST "https://api.dedge.pro/process\_wallet\_batch" \\ -H "Content-Type: application/json" \\ -H "X-API-Key: your\_api\_key\_here" \\ -d '{ "wallet\_addresses": \[\ "wallet1address",\ "wallet2address"\ \] }' # Check status (replace {task\_id} with the actual task ID from the previous response) curl "https://api.dedge.pro/batch\_status/{task\_id}" \\ -H "X-API-Key: your\_api\_key\_here" \`\`\` ### Rate Limits and API Keys Different API key tiers have different rate limits: | Tier | Rate Limit | Daily Limit | | --------- | ---------- | ----------- | | Ultimate | 5 req/min | 100/day | | Unlimited | 10 req/min | Unlimited | When rate limits are exceeded, the API will return a 429 status code with an error message. It's recommended to implement exponential backoff in your client code to handle rate limiting gracefully. ### Error Handling Common error responses: \`\`\`json // Rate limit exceeded (HTTP 429) { "detail": "Rate limit exceeded. Maximum 300 requests per minute." } // Invalid API key (HTTP 403) { "detail": "Invalid API key" } // Daily limit exceeded (HTTP 429) { "detail": "Daily limit exceeded. Maximum 10,000 requests per day." } \`\`\` ### Best Practices 1. \*\*Store API Keys Securely\*\*: Never expose your API key in client-side code or public repositories. 2. \*\*Handle Rate Limits\*\*: Implement proper error handling and backoff strategies for rate limits. 3. \*\*Batch Efficiently\*\*: Group wallet addresses into batches of up to 5 to minimize API calls. 4. \*\*Monitor Usage\*\*: Keep track of your API usage to stay within your tier's limits. 5. \*\*Use Async Endpoints\*\*: The batch processing is asynchronous - always check the task status endpoint for results. --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer.md). # The Wallet Analyzer dEdge wallet analyzer is the #1 tool in Solana. And it's very simple to use. After opening the bot, which can be found on this link - \[https://t.me/dEdge\\\_solana\\\_bot?start=docs\](https://t.me/dEdge\_solana\_bot?start=2Au5u4) You can type /start and/or you will see this screen
Then you just have to paste a Solana address and press Enter. Waiting time is normally from 5 seconds to 1-2 minutes, depending on how many transactions the wallet has. Then you'll receive a wallet summary similar to this one below, which we will explain all the details on this guide.
--- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme.md). # The Trader's Guide This guide is designed to help you make informed decisions especially when copy trading. By understanding the key performance metrics provided by our tool, you can identify reliable traders and build a portfolio of consistent copytraders. Our analysis is also very useful for data-driven traders, as we provide a unprecedented level of depth analyzing Solana wallets. Our official links: The Bot - Public Group - Twitter - Web - --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sol-spent-and-received-net-sol-and-token-holdings.md). # Sol Spent and Received, Net Sol and Token Holdings
\* \*\*SOL Spent:\*\* Considers closed and open trades, sums all the SOL that the wallet has spent buying tokens.
\* \*\*SOL Received:\*\* Considers closed and open trades, sums all the SOL that the wallet has received from selling tokens. Excludes SOL received from selling tokens that got transferred into the wallet - this is very important, as most wallet analyzer tools out there would just consider it as a profit. We take a more conservative approach by not overestimating performance at any point.
\* \*\*Net SOL:\*\* This metric represents the difference between SOL received and SOL spent by the wallet so far. \*When this number looks odd, take into consideration that the wallet may have transferred tokens in or out, which is impossible to account for in our metrics.\* \*Also, if the number of SOL spent is much higher than SOL received, the wallet might have open positions, that could be winners or losers. Total token holdings (metric below) will give a clue if this makes sense.\* \*It’s very common for some wallets to not sell losing positions and let losers ride to zero.\* \*Otherwise, if Net SOL is positive, it’s a good indicator of profitability.\* \*Always take these wallet “consolidated numbers” with a grain of salt, especially because the on-chain trading scene is diverse, and it might not be accounting for a certain token transfer or something else.\* \* \*\*Total Token Holdings:\*\* This metric shows the trader's current token holdings in SOL and USDT terms. It could be read as unrealized profit if the wallet has not transferred in or out any token. \*If Net SOL + token holdings is a negative number, that probably means the wallet is really losing.\* \*If Net SOL is a negative number but token holding is a positive number that accounts for that negative Net SOL, that means the wallet could be a winner, it just needs to close the trades to know the real profitability.\* \*Take into consideration that it considers tokens that were transferred into the wallet and tokens sent out will be excluded here. If the wallet has too many tokens, there could be a slight variation in this number due to RPC issues.\*
--- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/closed-trades-overview.md). # Closed Trades Overview ### Important: All the analysis we do is based on closed trades, that means we will account as a trade only when the wallet has sold 100% of the token.
\* \*\*Winners:\*\* Number of winning trades \* \*\*Losses:\*\* Number of losing trades \* \*\*Win Rate:\*\* This metric measures the percentage of profitable trades. A higher win rate indicates a more consistent trader. It’s an important metric but there are many successful traders with lower win rates. --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/avg-trade-size-pnl-worst-and-best-trades.md). # Avg Trade Size, PnL, Worst and Best Trades
\* \*\*Average Trade Size:\*\* This metric shows the average size of the trader's positions. It’s calculated by the total amount bought in SOL divided by the number of tokens traded. It’s useful to give an idea of how big the trader is. \* \*\*Average Trade PnL:\*\* This metric measures the average profit or loss per trade. It’s the mean of all trades in SOL and in percentage terms. \* \*\*Worst Trade:\*\* Represents the biggest loss the trader had and how much it represented in percentage of that trade. If you plan to trade big, be mindful of big losses. \* \*\*Best Trade:\*\* This metric highlights the trader's extreme performance outcome. Don’t get too attached to it, as most “profitable” wallets out there have one HUGE win but actually performs poorly if you look at its consistency, which means your performance will be poor if you copy this guy, as it’s very unlikely he will hit a huge win again. --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/percentiles-of-trades-pnl.md). # Percentiles of Trades PnL
\* \*\*Percentiles of Trades PnL:\*\* This is probably the most important metric for copytraders. Percentiles provide a representation of the distribution of trade outcomes. ### But what is a percentile? Percentile is a number \[denoting\](https://www.britannica.com/dictionary/denoting) the position of a data point within a numeric dataset by indicating the \[percentage\](https://www.britannica.com/topic/percentage) of the dataset with a lesser value. For example, a data point that falls at the 75th percentile has a value greater than 75 percent of the data points within the dataset. In the example above, the 75th percentile is 237 SOL or 536%. This means, 75% percent of the trades made less than 237 SOL or 536% and 25% of the trades made more than 237 SOL or 536%, which isn’t bad. If you look at the 10th percentile, it’s a loss of 43 SOL or -88%. This means, 10% of the trades lost 43 SOL or more! Be careful. The 50th percentile is also known as median. Always analyze percentiles to see if the trader is consistent. The example above is a good example of consistency, even the 25th percentile is a relatively small loss if you compare to the trading size so you have that 75% of time this wallet did not lose a considerable amount but rather had a lot of considerable big wins. If you are still unsure, this brief youtube video explains it clearly:
--- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/trading-deltas-and-percentiles.md). # Trading Deltas and Percentiles ### This is a very important metric, especially if you want to copytrade.
\* \*\*Average Trading Time:\*\* This metric shows the average time taken to complete a trade. It’s just to give an idea and could be biased if the longest trade took too long to close. \* \*\*Trades per Token:\*\* This metric indicates the frequency of trades for each token. Some higher frequency traders will trade the same token many times. \* \*\*Min/Max/Percentiles:\*\* These metrics provide insights into how fast the wallet trades and are really important for a good copytrading system because higher frequency traders are very hard to copy and you will likely lose money. As a rule of thumb, avoid copying wallets that the 10th percentile is below 60-100 seconds. If you want to understand this further, read more on “\[What is a copytrading system?\](/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system.md)” and “\[Building a successful copytrading system\](/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/building-a-successful-copytrading-system.md)” --- # The Trader's Guide | dEdge Wallet Profitability on Solana ![Page cover](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Fimages.unsplash.com%2Fphoto-1639754391620-197afd388802%3Fcrop%3Dentropy%26cs%3Dsrgb%26fm%3Djpg%26ixid%3DM3wxOTcwMjR8MHwxfHNlYXJjaHw2fHxibG9ja2NoYWlufGVufDB8fHx8MTczMjY2ODQ3NHww%26ixlib%3Drb-4.0.3%26q%3D85&width=1248&dpr=3&quality=100&sign=8f3d590c&sv=2) For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme.md) . This guide is designed to help you make informed decisions especially when copy trading. By understanding the key performance metrics provided by our tool, you can identify reliable traders and build a portfolio of consistent copytraders. Our analysis is also very useful for data-driven traders, as we provide a unprecedented level of depth analyzing Solana wallets. Our official links: The Bot - [https://t.me/dEdge\_solana\_bot?start=docs](https://t.me/dEdge_solana_bot?start=docs) Public Group - [https://t.me/dEdge\_solana](https://t.me/dEdge_solana) Twitter - [https://x.com/dEdge\_Solana](https://x.com/dEdge_Solana) Web - [https://dedge.pro/](https://dedge.pro/) [NextThe Wallet Analyzer](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer) Last updated 1 year ago --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system.md). # What is a copytrading system? \* It’s a system in which a copytrader aims to copy a successful wallet in order to profit similarly. Most beginner traders think they just need a wallet with big profits and high win rate but it's actually they need much more than that. \* It’s composed of a lead wallet (to be copied), your wallet (copytrader) and an execution system (copytrade bot). --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/fees-overview.md). # Fees Overview
\* \*\*Total Spent on Fees:\*\* This metric shows the total amount spent on transaction fees buying and selling tokens, so you have an idea how much the wallet has spent so far on fees. \* \*\*Average Fee per Tx:\*\* This metric shows the average fee per transaction, which is the total spent on fees divided by the number of transactions. It’s important to observe this number as some traders use really high fees to get their transactions processed faster. This means if you have a good copybot but still lagging considerably behind the trader, you might wanna compare if your fee is too low. --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme.md). # API's introduction ## Introduction Welcome to the dEdge Solana Wallet Analysis API documentation. This API provides comprehensive tools for analyzing trading performance and patterns of Solana wallets. Whether you're tracking individual traders or analyzing multiple wallets in batch, our API offers detailed insights into trading behavior, performance metrics, and market participation. ## Features \* \*\*Batch Processing\*\*: Analyze multiple wallets simultaneously \* \*\*Comprehensive Metrics\*\*: Get detailed insights into: \* Trading performance and PnL \* Win rates and trade statistics \* Fee analysis \* Trading patterns and timing \* Venue usage across DEXs \* \*\*Historical Analysis\*\*: Track performance over customizable time periods \* \*\*Asynchronous Processing\*\*: Enables efficient handling of large data sets by processing them in the background, allowing for faster response times and reduced latency. ## Getting Started To get started with the API, check out our \[Wallet Batch API\](/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api.md) documentation for detailed endpoint specifications and usage examples. ## Support If you encounter any issues or have questions, please: 1. Check the documentation thoroughly 2. Contact our support team on telegram for additional help --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/partners/copytrading-bots.md). # Copytrading Bots We recommend using our partner: --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans.md). # Plans \* \*\*Premium Edge:\*\* Perfect for active traders looking to enhance their analysis capabilities with more searches and advanced metrics. \* \*\*Ultimate Edge:\*\* Ideal for professional traders and analysts requiring unlimited access, advanced features, and exclusive community access for premium networking opportunities. \* \*\*Lifetime Edge:\*\* Exclusive offer for dedicated users seeking long-term value, insider benefits, and top-tier connections in the Solana trading world. All premium tiers include access to the core features, with additional benefits scaling up with each tier. Upgrade now to unlock the full potential of your Solana trading analysis!

--- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/tokens-traded-open-and-closed-trades.md). # Tokens Traded, Open and Closed Trades
\* \*\*Unique Tokens Traded:\*\* This metric reflects the number of tokens the wallet has traded so far. A higher number indicates a more diversified approach and longer track record. But be careful if there are too many tokens in a very short time span, as it could be a high frequency trader which is bad for copytrading. \* \*\*Trades Closed:\*\* Closed trades represent fully closed positions and that the profit or loss of those positions is being considered for the other metrics. A wallet with all its trades closed means the returns you see are 100% fact. This is an important factor. \* \*\*Trades Open:\*\* Open trades means there are still tokens to be sold in order to fully close the position. That means these positions could be either a win or a loss. We are not considering unrealized profits into our metrics. Be careful with too many open positions, because a trader could look profitable with a few closed positions on the metrics but with the open unrealized positions he could be a big loser. When the ratio of trades open to trades closed is high, better avoid these wallets.\\
--- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-finder.md). # The Wallet Finder As the name says, we find and deliver highly profitable wallets to our users. We have 2 main products: A general wallet finder, that finds profitable wallets at the easy of a click. A curated wallets tool, that has special filters for copytraders.
After clicking one of the buttons, it will find a wallet on the blockchain for you.
According to you subscription plan, you get access to more wallets. --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans/discounts.md). # Discounts \* 3-month subscription: 10% off \* 6-month subscription: 15% off \* 12-month subscription: 25% off ### Pricing Examples (with discounts applied)
### Note: Lifetime Edge is a one-time payment of 10 SOL and therefore is not eligible for discounts. --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-wallet-analyzer/sum-of-trades-and-pnl-relative-to-avg.-trading-size.md). # Sum of Trades & PnL Relative to Avg. Trading Size
\* \*\*Sum of Trades PnL:\*\* This the sum of all closed trades profits and losses. This the most real and conservative approach to real profitability. Especially if Net SOL points to a similar number (and there are a small amount or no open trades at all). \* \*\*PnL relative to avg. trading size:\*\* This metric derives from the sum of trades PnL (above) divided the average trading size (also above). It’s a number to give an idea of overall wallet performance. It’s the closest we can get to accumulated returns of an equity curve given the composability nature of on-chain trading, especially If the wallet trades clean (buy and sell 100% of the tokens and has no in/out token transfers). --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/using-the-tool-for-copy-trading.md). # Using the Tool for Copy Trading \* \*\*Identifying Reliable Traders:\*\* Look for traders with consistent performance, with at least 20-30 trades closed. Trades and Delta percentiles must make sense, these are the most important metrics for a copytrader. Otherwise, better keep doing your research. \* \*\*Avoiding HFT Strategies:\*\* Be cautious of traders who use high frequency strategies like arbitrage, sniping or MEV. You will not be successful copying these traders. \* \*\*Diversifying Your Portfolio:\*\* Try to find copy traders with different trading styles and strategies to reduce risk. Traders with a low correlation to each other will produce the best output in the long run, it doesn't matter the direction of the market. \* \*\*Monitoring Performance:\*\* Start with small trading size and regularly monitor the performance of your copy trading portfolio and make adjustments as needed. We have an advanced tool for copytrade performance monitoring that can be used by typing /tracing leadWallet,copierWallet (separated by comma) Remember: \* \*\*Always conduct your own research and due diligence before copying a trader.\*\* \* \*\*Never invest more than you can afford to lose.\*\* \* \*\*Diversification is key to managing risk.\*\* \* \*\*Stay informed about market trends and news.\*\* \* \*\*Chat with professional traders on our public group \*\* By understanding these key metrics and following these tips, you can make informed decisions and maximize your returns in copy trading.
--- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/what-is-a-copytrading-system/building-a-successful-copytrading-system.md). # Building a successful copytrading system In order to be successful at copytrading, you need: \* A profitable and consistent lead wallet (after understanding completely how our summary works, it should be enough to address that properly after some research) \* A good execution system, this means your copytrade bot must be good (use our partners, you will find a link for them in the bot menu). And this is very important because the bot has 2 very important tasks. \* The first is to monitor everything the lead wallet is doing and the second is to send a buy/sell transaction after spotting the transaction the lead wallet is doing. \* For such tasks, the bots use RPCs and there’s considerable differences between them. Expect that most of them will perform poorly, so monitoring and transaction landing will be slow compared to the best ones. \* Make sure you verify wallet performance but also the trading deltas of the lead wallet. If the trading deltas are too low, that means the wallet opens and closes the position too fast. This means your bot will likely not execute as fast as the trader, drastically increasing your odds of losing. \* Understand that, if a consistently profitable trader opens and closes positions fast, it means that’s probably his trading edge. It can somewhat be considered a “high frequency” trading system and your odds of copytrading successfully this system is very low.
\* In order to be successful copying a wallet, you should aim for traders with higher trading delta percentiles. The minimum could be low (as the trader may have done a trade or two that had to be closed fast) but the 10th percentile should be at least 60 seconds. That means only 10% of trades took less than 60 seconds and 90% of trades took longer than that, which means you will likely perform similarly to the trader as he’s trading on longer timeframes. \* You can expect 1 to 5 seconds delay when buying/selling with a good copybot. This delay will likely not cause a considerable gap in buy/sell prices if the lead wallet is trading in longer timeframes like 5, 10 or 30+ minutes on average. --- # Unknown \> For the complete documentation index, see \[llms.txt\](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt). Markdown versions of documentation pages are available by appending \`.md\` to page URLs; this page is available as \[Markdown\](https://dedge-1.gitbook.io/dedge-sol-analyzer/understanding-the-tool/readme/the-copytrader-detective.md). # The Copytrader Detective This an advanced tool for analyzing your copytrading perfomance. It's in final steps of construction. If you want to try it, just type /tracing followed by the wallet you're following (the lead wallet) separeted by comma from your wallet (copier wallet) like the example below\\ \\ /tracing leadWallet,copierWallet it will look like this: /tracing D37KwuoeLJJqVkD9EPaLD4zfwAZdp7WnH6BoJ5BPJ8rb,58FnazdGmCKZPeiMJ2rzujkeUR1HURr9cJNvVPxechKt And you will receive a preliminar report of the effectiveness of you wallet compared to the lead wallet. If you are an active copytrader, reach us on the public group so we can show how it works for you - \\ \\ This product still needs some adjustments so feedbacks are welcome. --- # Copytrading Bots | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/partners/copytrading-bots.md) . We recommend using our partner: [https://t.me/TradeWiz\_Solbot?start=r-26BH26XA23](https://t.me/TradeWiz_Solbot?start=r-26BH26XA23) Last updated 1 year ago --- # Plans | dEdge Wallet Profitability on Solana For the complete documentation index, see [llms.txt](https://dedge-1.gitbook.io/dedge-sol-analyzer/llms.txt) . This page is also available as [Markdown](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans.md) . * **Premium Edge:** Perfect for active traders looking to enhance their analysis capabilities with more searches and advanced metrics. * **Ultimate Edge:** Ideal for professional traders and analysts requiring unlimited access, advanced features, and exclusive community access for premium networking opportunities. * **Lifetime Edge:** Exclusive offer for dedicated users seeking long-term value, insider benefits, and top-tier connections in the Solana trading world. All premium tiers include access to the core features, with additional benefits scaling up with each tier. Upgrade now to unlock the full potential of your Solana trading analysis! ![](https://dedge-1.gitbook.io/dedge-sol-analyzer/~gitbook/image?url=https%3A%2F%2Flh7-rt.googleusercontent.com%2Fdocsz%2FAD_4nXcjRWfcBxT5HCrjreRMj5MC0NVUr2LEtVwLJs-tis8x_FrUk-ybrHdouI9LEZsRZwq2VymWOcIgLA4Fi6Z95DOMxLxuxHUxu2FtNvaasKeFAdtQGyQIvkJOCUNAA7jHpqdIe5bFrJUG7efLrcNOjbGdfZQ%3Fkey%3D9KSHTZ5I9qVUhEAf6LHVAw&width=768&dpr=3&quality=100&sign=e0ad156e&sv=2) [PreviousWallet Batch API](https://dedge-1.gitbook.io/dedge-sol-analyzer/api-documentation/readme/wallet-batch-api) [NextDiscounts](https://dedge-1.gitbook.io/dedge-sol-analyzer/subscription/plans/discounts) Last updated 1 year ago ---