From whale detection to automated execution

Four steps between you and a fully automated Polymarket trading strategy. Here is exactly how PolySpy works.

Four steps to automated trading

Every PolySpy strategy follows the same proven path from setup to live execution.

Sign up and connect

Create your PolySpy account and connect your Polymarket API credentials. Your keys are encrypted with AWS KMS envelope encryption and never stored in plain text.

Account creation takes under a minute
API keys encrypted at rest with AWS KMS
Optional Telegram bot setup for alerts

Configure your strategy

Use the visual strategy builder to choose your signal sources, set entry rules, define risk controls, and configure exit logic. Copy or fade — your choice.

Pick from 3 signal sources or combine them
Set position sizing, limits, and thresholds
Define stop-loss, take-profit, and daily caps

Test in paper mode

Run your strategy in paper mode first. Watch it execute simulated trades against live market data. Validate performance with zero risk before going live.

Simulated trades against real-time data
Full trade log with paper P&L tracking
Backtest against up to a year of history

Go live

Once you are confident in your strategy, switch to live mode. PolySpy executes trades automatically 24/7, with risk controls enforced on every position.

One-click activation from paper to live
24/7 automated trade execution
Real-time dashboard and Telegram alerts

Signal Sources

How each detection method works

PolySpy uses three independent signal sources. Each monitors Polymarket from a different angle to give you comprehensive whale coverage.

Fresh Wallet Detection

How it works

PolySpy monitors all new Polymarket wallet creation events. When a wallet less than 24 hours old places a trade above your configured threshold, it fires a signal. Fresh wallets with large trades often indicate whale activity through new accounts.

When to use it

Best for catching whale repositioning and new-account activity before it becomes visible to the broader market.

Leaderboard Tracking

How it works

The system maintains a live mirror of the top 75 Polymarket wallets ranked by all-time P&L. When any leaderboard wallet enters or exits a position, PolySpy detects the trade and generates a signal for your strategy.

When to use it

Best for following proven traders with demonstrated, long-term edge across many markets.

Custom Watchlists

How it works

Add any Polymarket wallet address to your personal watchlist. PolySpy monitors every trade from those wallets in real time. Combine watchlists with the other two sources for multi-layered signal coverage.

When to use it

Best when you have identified specific wallets through your own research and want to automate tracking.

Strategy Configuration

Signal → Entry → Risk → Exit

Every strategy is a four-part pipeline. Each stage gives you full control over how your trades are detected, entered, protected, and closed.

Signal

Select one or more signal sources. Set minimum trade size filters and market category preferences to control which whale activity triggers your strategy.

Entry

Choose copy (mirror the trade) or fade (take the opposite side). Set your position size as a fixed dollar amount or a percentage of the detected whale trade.

Risk

Define stop-loss and take-profit percentages. Set per-position size limits, maximum concurrent positions, and daily loss caps to protect your capital.

Exit

Configure exit triggers: time-based auto-close, opposing signal exits, or rely on your stop-loss and take-profit levels. Layer multiple exit conditions together.

Backtesting

Test against real history

Before paper mode or live trading, run your strategy against up to a year of historical Polymarket data. The backtest engine simulates every signal, entry, risk check, and exit exactly as it would happen live.

Select a strategy and date range

Configure slippage, fees, and fill rate assumptions

Run the backtest and review results

Analyze equity curves, drawdown, and per-trade breakdown

Total P&L+$2,340

Win Rate68.4%

Sharpe Ratio1.82

Max Drawdown-12.3%

Total Trades147

Profit Factor2.14

Ready to get started?

Sign up in under a minute. Build your first strategy, backtest it, and run paper trades — all within the 7-day free trial.

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