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  • Getting Started
    • Welcome to dEdge
    • Features
    • Starting the bot
      • Analyze Wallet
      • Wallet Finder
      • Curated Wallets
      • Filtered Wallets
    • Understanding the Metrics
      • Tokens Traded, Win Rate & Open Trades
      • Distribution of Trades PnL in percentiles
      • PnL Summary
      • SOL Spent, Received and Net SOL
      • Trading Deltas
      • Trading Fees
  • Tutorials
    • Basic topics
      • What is a copytrading system?
      • The execution bot
      • High delta wallets
      • Avoiding Snipers & HFT's
      • Tips for choosing a wallet
      • Tips for setting up the execution bot
  • Advanced Topics
    • Testing execution bots
    • Building a profitable operation
    • The research phase
    • The wallet testing phase
    • The scale up phase
    • The profitable operation
  • Extras
    • 1-to-1 Expert Call
  • Copytrade Analyzer
  • API
    • Wallet Batch API
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  • Unique Tokens Traded
  • Winners / Losses / Win Rate
  • Open Trades
  • Token Holdings
  1. Getting Started
  2. Understanding the Metrics

Tokens Traded, Win Rate & Open Trades

PreviousUnderstanding the MetricsNextDistribution of Trades PnL in percentiles

Last updated 1 month ago

These metrics help you understand the trader’s behavior and historical performance.

Unique Tokens Traded

Shows how many different tokens the wallet has traded. A higher number often means a more diversified approach or a longer trading history, which is good. Be cautious if the number is too high in a short time — this could indicate high-frequency trading, which is not ideal for copytrading as it’s hard to replicate.

Winners / Losses / Win Rate

Winners are trades with realized profit, and Losses are trades with realized losses. The Win Rate tells you what percentage of closed trades were profitable. This is a key metric to measure consistency, which is important. However, a high win rate alone doesn’t guarantee profitability — always analyze the full picture.

Open Trades

These are positions that haven’t been closed yet — meaning the tokens hasn't been sold. Be careful with wallets that have too many open trades: the realized performance might look good while hiding large unrealized losses. Zero or a low number of open trades is generally a positive sign.

Token Holdings

Token Holdings represents the current value of all tokens that the wallet still holds and has not sold. These are unrealized positions, meaning the profit or loss from these tokens has not yet been captured.

This metric helps you assess how much of the wallet's performance is still pending realization. A wallet may appear profitable based on its holdings, but if those tokens significantly drop in value, the overall result can change dramatically.

Pay attention to wallets with a large value in Token Holdings compared to their realized PnL. It may suggest that their current performance is heavily dependent on tokens they haven't exited yet. For copytrading, it's often safer to prioritize wallets with strong realized results rather than those relying too much on unsold positions.