Copin Analyzer: Building the Leading Tool to Analyze and Copy On-chain Traders
Greetings, fellow crypto trading enthusiasts! Copin Analyzer is finally here! We can't wait to introduce you to the latest iteration of Copin Analyzer, and we're calling it 'The Eyes'.
Abstract
Crypto trading is wild and challenging so far. Like other financial games, almost traders failed, only a few reap the sweet rewards, armed with insider info, special tools or exceptional skills (capital management, emotional control, TA) or all.
We've been yearning to create a leading tool that analyzes and copies the best on-chain traders who are really making profits in crypto market. Indeed, the core foundations of Copin Analyzer lie in on-chain data and copy trading.
On-chain data serves as the bedrock, fuelled by the inherent transparency of blockchain, offering a window into all transactional intricacies. Our endeavor was to craft a formidable instrument that harmonizes this blockchain strength with the primal human inclination to follow and copy the most successful traders in the market.
We are going to talk more about the power of data analysis and the powerful toolset (like filtering, backtesting) that Copin brings to you below. It will answer the question can we go against the market and make profit together?
On-chain data
On-chain data refers to information and transactions that are recorded directly on a blockchain. A blockchain is a decentralized and distributed digital ledger that records all transactions in a secure and transparent manner. Each transaction, once verified by network participants, is added to a "block" in the chain of blocks, forming an immutable and chronological record of events.
What is on-chain trader data?
On-chain trader data refers to information related to the trading activities of individuals or entities within a specific blockchain ecosystem, such as on decentralized exchanges like GMX. This data is recorded directly on the blockchain and includes details about trades, orders, positions, and other relevant trading activities.
On-chain data of traders, especially professional or experienced traders, holds immense value for several reasons:
Transparency: On-chain data is transparent and immutable, offering a reliable source of information that can be independently verified by anyone.
Market Analysis: On-chain data provides insights into the broader market trends and dynamics. Analyzing the behavior of professional traders can reveal trends, patterns, and shifts in sentiment that impact the market as a whole.
Informed Decision-Making: Access to on-chain trader data allows other traders and investors to make informed decisions. By analyzing the strategies and actions of professional traders, newer traders can learn and replicate successful approaches, potentially improving their own performance.
Benchmarking: Comparing one's own trading strategies and performance with those of professional traders can serve as a benchmark for improvement. This comparison helps traders identify strengths, weaknesses, and areas for growth.
Copin Analyzer - The journey begin
Copin Analyzer leverages the power of on-chain traders data above, crawling raw transactions including but not limited to large DEXes normalized into our own uniform datasets.
The Eyes Version
In unveiling 'The Eyes', we're putting the spotlight on the profound analytical capabilities that this version of Copin Analyzer offers. Just as a perceptive observer with keen eyes can uncover hidden gems, 'The Eyes' will empower you to delve deep into on-chain trader data, revealing insights that can transform your trading strategies.
Allow us to provide you with a glimpse into the powerful features that make 'The Eyes' a game-changer for traders:
1. Dashboard
The dashboard screen provides a comprehensive view of on-chain traders' parameters on decentralized exchanges such as GMX. It offers an overview of all relevant information and allows users to access the Trader Explorer, Top Opening traders, and Favorites tabs.
Trader Explorer: enables users to explore and analyze various traders. Copin provides a diverse range of 22 trader evaluation criteria sets, allowing copy traders to easily identify suitable traders.
Top Opening: displays the top traders who are actively opening orders.
Favorites: allows users to personalize their list of favorite on-chain traders.
2. Filtering
Navigating complex data has never been more efficient. 'The Eyes' arms you with advanced filtering options, allowing you to pinpoint traders and strategies that align with your goals. Personalize your trading experience with surgical precision, boosting your potential for success.
Filtering enables users to present on-chain trader data based on specific parameters. Users can utilize this feature to filter traders by criteria such as ROI, PnL, win-rate, profit factor, max drawdown, and more. With over 22 powerful and diverse filtering criteria, users can customize their search and analysis to find the most suitable traders for their needs.
Filter by time-range
Filter by parameter
Sort by parameter
3. Trader Profile
Discover the traders who are shaping the landscape of on-chain trading. 'The Eyes' introduces the Trader Profile feature, providing comprehensive insights into their historical performance, strategies, and expertise.
Empower your decisions by gaining a deeper understanding of the traders you choose to follow.
4. Backtesting
Harness the power of historical data with 'The Eyes' Backtesting feature. Explore past performance and outcomes to refine your strategies.
By learning from history, you'll make informed choices that are rooted in data-driven insights.
Join the Revolution: Apply for Private Beta
As we introduce 'The Eyes', we're inviting early supporters to join us in an exclusive experience. If you're eager to dive into Copy Trade right away, apply for our private beta at https://docs.copin.io/apply-for-private-beta. This is your opportunity to be among the first to experience the transformative potential of Copin's latest innovation.
A Glimpse into the Future
'The Eyes' isn't just a tool; it's your gateway to a future where trading decisions are fortified with data-backed insights. From the dashboard to precision filtering, from trader profiles to strategic backtesting, Copin Analyzer is your trusted guide in the complex world of crypto trading.
Stay tuned on Substack for more insights, updates, and tips that will empower you to navigate the ever-evolving landscape of blockchain trading.
About Copin Analyzer
Website: https://copin.io/
Launch App: https://app.copin.io/
Twitter: https://twitter.com/copin_io
Discord: https://discord.gg/jaJu8USARd