Glossary guide

General Terms

Terms
Explanation

Sub-wallets

A sub-wallet is a wallet automatically created under your Coinpilot account when you copy a lead trader.

  • Each lead trader you follow gets its own sub-wallet.

  • Funds allocated to copy that trader are kept here.

  • This separation helps track performance per trader and keeps positions organized.

  • Sub-wallets are still fully under your control, you can transfer funds back to your primary wallet at any time, and you can export private keys too.

PnL

Profit and Loss. The amount of money gained or lost from trading, shown in green or red. (e.g., +$1200 or -$300).

ROI%

Return of Investment. Percentage gain or loss relative to your initial allocation or this lead trader’s own initial capital. Formula: (PnL / Starting Balance) x 100

Balance (per trader)

  • The total funds tied to a specific lead trader you are copying.

  • Includes your initial allocation plus all realized profits or losses since you started copying that trader.

  • This balance grows or shrinks with PnL and is what gets used for the trader’s future trades until you stop copying.

Don’t confuse this with your Account Balance:

  • Account Balance = the sum of all funds across your primary wallet and all trader allocations.

  • Balance (per trader) = only the funds allocated and accumulated with one specific lead trader.

Max Drawdown

The largest peak-to-trough drop in account value during a time period. It reflects risk and downside volatility.

Volume

The total amount of capital traded over a selected time period, expressed in $

Watchlist

Your personal list of favorite traders. Add any wallet you want to track or copy later.

Total Balance

The real-time value of assets in the lead trader’s Trading Account.

Period Return

The gain or loss over a specific time frame (1D, 7D, 1M, All time.), shown in green or red.

Privy Wallet

A secure, self-custodial wallet created through Privy, used by Coinpilot to manage on-chain trading for users. It lives in your browser session, fully under your control, with private keys encrypted and recoverable via your login method (e.g., email).

Direct Referral

Direct referrals are users who join the platform using your referral code. You’ll earn the highest referral percentage from the trading fees generated by your direct referrals.

All Referrals

All referrals include users who join through your direct referral’s codes, as well as anyone referred by them, up to 4 total levels deep. You’ll earn a percentage of trading fees from all these users, with the percentage depending on each referral’s level.

Crypto Perpetual Terms

Term
Explanation

Account Balance

The total value of assets in a trader's account at a given time - used as a performance reference. This is expressed in $, abbreviation as Bal. (e.g., Bal: $2023.5)

Entry Price

The price at which a position was opened.

Mark Price

A real-time reference price used to calculate unrealized PnL and liquidation thresholds. It reflects the fair market value.

Leverage

Using borrowed funds to increase trade size (or reduce the margin used to get a certain level of exposure).

Liquidation

The price at which a leveraged position will be automatically closed due to insufficient margin to cover losses.

Margin

The portion of your funds utilized to open and maintain a leveraged position.

Sharpe Ratio

A performance metric that shows return per unit of risk (volatility). Higher is better, meaning the investment is providing more return for the level of risk it carries

Ad. Sortino Ratio

Adjusted Sortino Ratio. A version of Sharpe Ratio that focuses only on downside volatility. It’s often seen as a more accurate risk-adjusted return metric. A higher Sortino ratio indicates better risk-adjusted performance, as it suggests the investment is producing more return for a given level of negative volatility.

GPR Ratio

Gain-to-Pain Ratio. It measures average gain relative to average loss. Higher values suggest a more favorable risk/reward profile.

Open Positions

Trades that are currently active and not yet closed. These positions can show unrealized gains or losses and are in a lead trader’s portfolio.

Prediction Market Terms

Term
Explanation

Prediction Market

An exchange-traded market where participants buy and sell shares representing the probability of future events occurring

Polymarket

A decentralized prediction market platform built on blockchain technology, the underlying market for Coinpilot's prediction trading

Outcome

A possible result in a prediction market, typically "Yes" or "No"

Shares

Units of ownership in a prediction market outcome, priced between $0.00 and $1.00

Resolution

The process of determining the winning outcome and paying out $1.00 per winning share

Discovery Feed

Coinpilot's interface for browsing and filtering prediction market traders

Trader Card

Summary display of a trader's key metrics in the Discovery Feed

Allocation

Funds reserved specifically for copying a particular trader

Fixed Amount

Copy trade mode that uses a constant dollar amount per trade regardless of leader's bet size

Fixed Ratio

Copy trade mode that sizes trades as a percentage of the leader's bet

Smart Execution Engine

Coinpilot's system for optimizing trade execution and minimizing slippage

Slippage

The difference between expected trade price and actual execution price

Exit Liquidity

Risk of being stuck holding positions at unfavorable prices when large traders exit

Proportional Exit

Exit mode where you sell the same percentage of shares as the copied trader

Activity Log

Complete record of all trades executed, skipped, or failed in your copy trading activity

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