Wallet Scout
The Wallet Scout feature uses on-chain data with advanced filters to identify the most profitable wallets and whale wallets. The primary goal is to find wallets that consistently make money, enabling users to copy their strategies for potential gains.
Key Features:
Identify Profitable Wallets: Use advanced filters to pinpoint wallets that consistently generate profits. These tools help uncover wallets that might have insider information or participate in coordinated market activities.
Customisable Filters: Tailor filters to gain deeper insights into wallet performance. For instance, apply standard deviation to assess the most common returns, excluding outliers to understand the wallet's true performance.
Mathematical Analysis: Utilise various mathematical tools to analyse wallets in-depth. For example, assess how the standard deviation is skewed to determine the consistency of returns.
Database and Bounty Program: Maintain a database of top-performing wallets, supplemented by a bounty program that encourages continuous scouting of high-quality wallets for users to copy trade.
Example Analysis:
Standard Deviation: By analysing the standard deviation of a wallet's returns, you can identify consistent performance, removing extreme outliers to understand typical returns.
Skewness: Evaluate the skewness of the standard deviation to see if the returns are more commonly above or below the average, indicating positive or negative performance trends.
Examples of Use Cases:
Copy Trading: Identify and follow wallets that demonstrate consistent profitability, using the insights provided to replicate their success.
Risk Assessment: Understand the risk profile of a wallet by analysing its trading history and performance consistency, avoiding those with sporadic successes.