Automations
Automations feature on Padre allows users to set up powerful copy trading strategies with just a few clicks.
Last updated
Automations feature on Padre allows users to set up powerful copy trading strategies with just a few clicks.
Last updated
Padre’s Automations allow you to effortlessly copy top traders’ actions without manual intervention. Once configured, trades will automatically mimic the actions of the chosen wallet.
Navigate to Automations: Click on the "+ New Automation" button on the right side of the screen.
Select the Chain: Choose from available chains (e.g., Ethereum, Base, BSC, Solana) for which you want to enable copy trading.
Wallet Selection: Choose the wallet to use for automation. Your balance for the selected wallet will be displayed.
Target Address: Input the address of the wallet whose trades you want to copy.
Max Buy: Set the maximum amount in USD that can be spent per buy transaction.
Copy Sells: When enabled, any sell made by the target wallet will also be executed by your wallet, in the same proportional amount.
Copy Quotes: Activating this option allows copying trades in quote currencies like USDC, USDT, or DAI.
Start Copy Trade: Click on the "Start copy trade" button to activate automation.
Each option is designed to provide flexibility and control over your copy-trading strategy, with settings that can be adjusted based on your risk tolerance and preferences.
After creating an automation, it appears in the main Automations tab with the following details:
Wallet and Target: Shows the wallets involved in the automation.
Buy and Sell Settings: Displays configured buy limits and sell strategies.
Action: Allows quick deletion or modification of the automation.
This feature empowers users to follow high-performing wallets and make profits by automating trades in real time without manual intervention.
