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Lift Your Copy Trading Game with Vybe

How to track and identify profitable wallets using Vybe

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Copy trading on Solana can be both wildly lucrative and devastatingly ruinous. The illusion that copy trading presents is that it’s an easy, hands-free way of making money. In reality, it’s far more likely that anyone selling that dream is only looking for automated exit liquidity. 

When used appropriately, copy trading is a valuable tool as part of a wider trading strategy. With the right tools at their disposal, traders can sort the diamonds from the rocks in the trenches and find genuinely consistent wallets.

This is where Vybe unlocks the alpha.

Identifying Wallets

As the name suggests, copy trading is the process of replicating a profitable wallet’s behavior in the expectation of generating similar profit. Good copy trading habits start with finding wallets that are consistently profitable. Vybe’s wallet tracking tools offer a comprehensive analysis of the chain’s active traders, highlighting both realized PnL and win rate.

trader list

Vybe breaks down wallets into three separate categories: KOLs, Top Traders, and Whales. While tracking KOLs and Whales has its uses, monitoring top traders is often a more reliable method. While following KOLs into trades before they would publicly call a token used to be a good strategy, the widespread proliferation of wallet tracking tools has actually turned this into more of a sell-the-news event.

kol list

Whales, on the other hand, aren’t necessarily great to blindly follow either. Whales typically need to employ far different strategies to generate profits than smaller wallets. 5-10% moves are great on large positions, but the average DeFi trader is typically after something a bit bigger.

Even though Vybe helps to programmatically rank the network’s top traders, it’s still worth analyzing each wallet manually before saving it to your watchlist. Anyone can get lucky on one moonshot and skew their overall profit, so you’ll want to check a trader’s win rate as well as their PnL.

kol

Let’s take a look at one example. According to Vybe Analytics, this trader has generated $562k in profits with a win rate of 60.36%. Objectively, this trader has enjoyed plenty of success and could be considered worth adding to a watchlist.

trader

Comparatively, this trader also boasts a great Pnl, netting over $253k in the last 30 days. However, Vybe indicates that this came almost entirely from one trade, and that the wallet otherwise only has a 3.6% win rate. This isn’t a wallet you want to be following into every trade, unless you can stomach 3 wins for every 97 losses.

A quick reminder for the uninitiated:

  • PnL - Profit and Loss is the amount a wallet is up or down, based on its trading behaviour and closed, or ‘realized’ trades.

  • Win Rate - The percentage with which a wallet closes positions in profit.

graphs

Other useful features when it comes to analysing wallets include Vybe’s Performance Attribution. Coupled with the Wallet Activity tracker, these tools help Vybe users paint a clear picture of this trader’s habits.

tokens

activity

After careful analysis, Vybe users can add wallets they believe will continue to make trades to their watchlist. Once a user’s watchlist of high-signal wallets is complete, all that’s left to do is follow their behavior and (hopefully) copy trade your way to success.

Track Trending Tokens

If Vybe users want to take their wallet identification skills further, it’s also worth considering tracking down the best-performing wallets on the day’s leading tokens. Vybe’s Trending token screener unifies all the daily runners in one place.

tokens

By looking further into individual tokens, users can filter through both current holders and top traders to find wallets that were able to take positions ahead of strong moves. 

chart

The memecoin pictured above is up 1,680% in the last 24 hours, with one trader turning $200 into ~$3k in realized profit while sitting on a further $10,000 worth of tokens. 

gains

Copy Trading Risks

Before throwing all critical thinking out the window, it’s worth mentioning that copy-trading is by no means a pathway to guaranteed profits. In fact, Solana’s onchain trading environment has become so efficient and cutthroat in 2025 that many traders have turned to using their copy-traders as exit liquidity. When profitable wallets gather a large following, any token they buy instantly witnesses a flood of buy pressure driven by automated copytrading bots.

For this reason, automated copytrading tools are an easy way to get rekt. Instead of blindly aping every token that a wallet in their watchlist buys, traders should use Vybe as a part of a wider strategy and cross-reference onchain activity with other indicators when copy-trading.

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