What is RealPnL?
RealPnL is the public trade record of Swarm, a crypto futures trading bot. Every trade, open position and loss is published here as it happens, rebuilt from the bot's own records every 10 minutes, together with the research behind each of its rules. Nothing is picked, smoothed or deleted.
What is Swarm?
Swarm is a trend-following trading bot for crypto perpetual futures on Binance and Hyperliquid. Every four hours it scores ten large coins with 16 trend signals, holds up to four of the strongest (long or short), and puts a 25% stop-loss on each. Every trade it makes is published on this site, including the losing ones.
Is the Swarm bot trading real money?
No, not yet. The Binance account runs on Binance Demo Trading: real exchange, real order handling, simulated money. The Hyperliquid account is paper trading: simulated fills at live Hyperliquid prices, with no orders sent. Both have run since 27 September 2026. When a real-money account opens, it will be labelled LIVE and linked to its public page on the exchange.
How has it performed so far?
The Binance account DEMO is at -0.46% since 27 September 2026 (2 days), with a worst drop of -1.5% and 12 trades so far. That is far too short to judge a trend strategy, which can go months without a new high. Every trade is listed on the performance page.
What return did the backtest show?
45.7% a year from January 2021 to September 2026, with a Sharpe ratio of 1.67 and a worst drop of −18.5%, after 0.07% cost per trade, or 41.8% a year once Binance's real funding payments are included. That result is hypothetical and flattered by 2021: from 2024 to 2026 the Sharpe ratio was about 1.1, and 2025 made about 7% for the whole year. The year-by-year chart is on the strategy page.
Which coins does it trade?
Ten USDT perpetual futures: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, LINK, AVAX and DOT. It holds at most four at a time and can be long or short each one. Why four, not ten.
How often does it trade?
It only acts at the six daily 4-hour candle closes (00:00, 04:00, 08:00, 12:00, 16:00 and 20:00 UTC) and opens at most one new position per cycle. Most cycles change nothing; a busy day has a few trades. Stop-losses sit on the exchange, so they work between cycles.
What leverage does it use?
The account is set to 5× cross margin, but the bot sizes positions far below that: in the backtest, total exposure averaged about 0.3× the account and peaked around 1×. Hard caps: no coin above 25% of the account, all positions together never above 1.5×.
How does it limit losses?
Every position has a stop-loss order on the exchange 25% from entry. On top of that: if the account falls 25% below its peak, all positions are halved until a human reviews it; after an 8% loss in one day, no new positions until midnight UTC; and a coin that hits its stop can't be bought back for 24 hours. All the safety limits.
Does it use take-profit orders?
No. We tested take-profits and trailing stops on six years of data, and they cut off the few large trends that pay for everything else. The bot exits when the trend fades, and once a position is up 100% its stop is raised to lock in most of the gain. The test.
How can I copy it on Binance?
Not yet. The plan is a Binance Futures copy-trading portfolio, opened only after the demo account has a record long enough to mean something. When it opens, the link and our profit share will be on the copy page.
Can I copy it on Hyperliquid?
Not yet. On Hyperliquid, copying works through a vault: you deposit USDC and the vault is traded as one account, with every position visible on-chain. We'll open one when there's a track record and demand, and publish its profit share and lock-up on the copy page first.
What does copying cost?
Normal exchange trading fees on every copied order (in the backtest, trading costs came to about 3% of the account a year, and funding about 2.7%) plus a share of your profit to the lead trader or vault leader, charged only on profit. If you sign up to an exchange through our referral link, the exchange pays us a commission out of its fees; you don't pay more for it. Full disclosure.
How much money do I need to copy it?
About $1,000 at the very least, and $2,500 or more for a close copy. Binance won't accept futures orders below 5–50 USDT depending on the coin, and many of the bot's orders are small resizes: with a $100 copy, 68% of its orders would be too small to place, at $1,000 about 7%, and from $2,500 almost none. And only ever copy with money you could watch fall 20%. The measurement.
How big are the drops, and how long do they last?
In the backtest there were twelve drops deeper than 8% in under six years, about two a year. The worst was −18.5%, and the longest wait for a new high was 241 days (March to November 2024). Four months in ten lost money. Every drop, with dates.
Who should not copy it?
Anyone who needs the money within a year, would stop after a 20% drop, wants frequent trades, can't legally use crypto futures where they live, or is relying on the backtest. The longer version.
Can I check the trades myself?
Yes. The performance page lists every open, add, trim and close with time, price and P&L as a share of the account, and the same record is available as JSON. The site is rebuilt from the bot's records every 10 minutes and nothing is removed, including losses. Once real-money accounts open, each will link to its public page on the exchange.