The world of copy trading has evolved, and decentralized exchanges (DEX) are leading the charge. With the speed and dynamism of the crypto market, trading bots have become essential for automating strategies. Unlike traditional platforms like eToro, decentralized copy trading offers a more informal and automated approach, where top traders share their strategies and influence the market.

Blockchain technology has made it easier to track trading decisions and gather strategies from public wallets and trading personalities. Decentralized bots like GoodCrypto aggregate data from multiple exchanges and wallets, offering copy-trading and signal-based trading. Meanwhile, tools like Dexscreener and DeBank help users build their own copy-trading portfolios by tracking whale wallets and analyzing token performance.

However, DEX copy-trading comes with a riskier profile, as it targets potential 100X tokens. Projects like Logearn and TradeWiz offer tools for identifying gems and singling out active trader wallets with a good track record. AI assistance also plays a crucial role in analyzing data and simplifying the search for top-performing whales.

In the world of decentralized copy trading, smart money strategies involve following top traders and doing preliminary research. Mass sniping, on the other hand, involves automating trades without pre-selection, which comes with additional risk. As the crypto market continues to evolve, decentralized copy trading offers a new era of transparency and automation, empowering traders to make informed decisions and maximize their gains.