Copin Analyzer Monthly Recap #7: October 2024
This post will summarize the latest updates and everything Copin has accomplished over the past month. These regular updates provide you with comprehensive insights on Copin.io.
With the rapidly evolving market and the breakneck speed of web3 development, Copin is constantly working to grow and improve to meet user needs, especially considering valuable user feedback. Let’s look back at Copin’s October highlights!
TL; DR
Numbers:
$40M in copy-trading volume.
$4M in copy-trading volume on Copin DCP gTrade.
292 NFTs minted with 177 holders.
Product Features added this month:
Launched Referral Program.
Integrated ESL GraphQL for the Market page to help users track OI, Long, and Short metrics across different perp DEXs.
Improved mobile login experience through the web browser.
Additional optimizations.
Community Activities:
Revived the community call (Vietnamese).
Supported Base Hackday.
Things to expect in the next few weeks:
Expand liquidity sources for copy trading with CoinEx.
Develop a dedicated DCP management interface.
Broaden data sources with additional perp DEXs.
Live trader dashboard.
UI improvements.
A. Product Updates
1. Hyperliquid copy trading
Hyperliquid is a next-gen Perpetual DEX platform, optimized to enhance the DeFi trading experience with: one-click trading, near-instant transactions, and advanced order options. With Copin, we offer users opportunities to earn and accumulate Hyperliquid points with each copy trade, using all the traders available for copying.
Tutorial: https://docs.copin.io/features/decentralized-copy-trading-dcp/connect-hyperliquid-api
2. Indexed data
Indexed Data We continue to expand our data sources in line with our initial goals. Copin has now indexed data from four new perpetual DEXs, covering more than 18.5k trader profiles:
Morphex (Fantom)
UniDEX (Arbitrum)
dYdX V4 (dYdX)
BSX (Base)
3. Referral program
The Copin Referral Program offers rewards for inviting friends to Copin and participating in decentralized copy-trading (DCP). Through this program, you and your referrals (F1 and F2) can earn from fee rebates and commissions as they trade.
Fee Rebate: A percentage of the trading fees you pay is refunded.
Commission: Earn a portion of fees paid by your referrals.
Sources: https://x.com/Copin_io/status/1846026490972196909
4. Optimized Mobile Browser Login
Optimized mobile browser login, especially for iOS, enhances the user experience on Copin. iOS has particular privacy/security limitations that complicate web app logins, but now users can log in and access Copin smoothly without relying on wallet browsers.
Example on iOS
5. Open Interest Enhancement
The integration of ESL GraphQL on Copin’s market page provides real-time data on trading metrics, such as OI (Open Interest), Long, and Short across multiple perpetual DEXs. This offers users more flexible data queries, a more intuitive experience, and deeper insights.
6. Some Improvements
Sync Real PnL from CEXs: Syncing actual PnL from CEXs gives users a clearer, more accurate view of their trading performance. ePnL is currently hidden in the bot to avoid distractions from inaccurate metrics.
Improved Trader Quickview Screen: A quick view feature lets users check trader profiles and performance without navigating through multiple pages.
Updated pairs for gTrade, Avantis, KiloEx
Various UI/UX improvements: Enhanced navigation, optimized layouts, and minimized redundant actions.
B. Community
1. Community Call #28 (Vietnamese)
Reinstated bi-weekly community calls to facilitate direct interactions with users. This is essential for building closer connections, gathering feedback, and driving product improvements.
2. Support Hackday (Base)
Sponsored by Base, Copin helped organize and mentor builders in the region working on web3 projects. Enthusiastically received by students and young professionals, 10 teams participated, and we hope for their future success. Copin is committed to supporting and developing similar initiatives.
C. Next plan
In the coming month, Copin will expand liquidity sources for copy trading with CoinEx. We will develop a dedicated DCP management interface as a more user-friendly upgrade. As always, we’ll broaden data sources with additional perp DEXs and launch a live trader dashboard to help users explore and gain deeper insights from the trading actions of traders across various perps.
About Copin Analyzer
Copin Analyzer is an on-chain copy-trading platform. It enables users to explore, analyze and copy 670,000+ on-chain traders from 33+ perpetual DEXs.