Sonar
Terms, Privacy & Risk Disclosure
⚠️ Risk disclosure — read this first
Trading perpetual futures involves a substantial risk of loss, up to the totality of the funds on your exchange account. Whales Sonar mirrors the positions of third-party traders ("whales") whose past performance does not predict future results. A whale can lose money, get liquidated, or change strategy at any time, and your account will follow. In live mode, the service places real orders on your Hyperliquid account. Nothing in this service is investment, financial, legal or tax advice. Only trade with money you can afford to lose entirely.
1. The service
Whales Sonar is a software tool that lets you simulate ("paper") or replicate ("live") the perpetual-futures positions of selected third-party traders on the Hyperliquid exchange. The service is currently in beta, free of charge, and access is invitation-only. Features may change, break or be discontinued without notice during the beta.
2. Non-custodial by design
- We never hold, receive or transfer your funds. Your funds stay on your own Hyperliquid account.
- You connect an API wallet, which can place trades but is technically unable to withdraw or transfer funds — this is enforced by Hyperliquid, not just by our promise.
- You can revoke the API wallet at any time on Hyperliquid, or disconnect it in Settings, which immediately stops the bot.
3. Your responsibilities
- You are solely responsible for the trading decisions made through your account, including the choice to enable live mode, the capital you allocate, and your stop-loss / take-profit settings.
- You confirm that using this service is legal in your jurisdiction and that you comply with Hyperliquid's own terms of use.
- You are responsible for your own taxes.
- Keep your password and 2FA device safe; actions performed from your authenticated session are deemed yours.
4. No warranty, limitation of liability
The service is provided "as is", on a best-effort basis, without any warranty of availability, accuracy or fitness for a particular purpose. Order execution depends on third parties (Hyperliquid, network infrastructure) that we do not control. Mirroring has inherent latency: fills, sizes and prices will differ from the whale's. To the maximum extent permitted by law, our liability for any damages arising from the use of the service is excluded; where it cannot be excluded, it is limited to the amount you paid for the service in the last 12 months (zero during the free beta).
5. Privacy
- What we store: your email address, your Hyperliquid master address, your API-wallet address and your API-wallet private key encrypted at rest (libsodium), plus the bot's operating data (positions mirrored, PnL, equity history).
- Authentication is operated by Supabase; their processing of your email/password is covered by their own privacy terms.
- We do not sell or share your data with anyone. Aggregated, anonymous statistics (e.g. number of users) may be used publicly.
- Public blockchain data: positions and trades on Hyperliquid are public by nature of the venue.
- Deletion: disconnecting Hyperliquid removes your key immediately. For full account deletion, contact us and we will erase your data within 30 days.
- Cookies: none beyond what authentication strictly requires (local session storage).
6. Termination
You can stop using the service at any time (Stop the bot, disconnect, delete your account). We may suspend accounts that abuse the service, attempt to attack it, or use it for unlawful purposes.
7. Changes
We may update these terms; material changes will be announced in the app. Continued use after a change constitutes acceptance.