Mercor Finance: Disrupting Crypto Markets with Automated Copy-Trading

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Cryptoassets continue to attract increasing amounts of investment as the world begins to learn about the technology behind the assets. In fact, the data show the cryptocurrency market recorded 600% growth year-to-date and is worth $2.8 trillion at the time of writing. However, as large financial institutions such as Microstrategy and Grayscale continue to invest large amounts into cryptoassets, price volatility is also on the increase. This increasing volatility presents a challenge for amateur investors.

Mercor Finance is the first and only example of a decentralized automated copy trading platform. Mercor aims to democratize the world of copy trading by providing investors the ability to invest via user-created trading strategies. This grants individual investors access to similar tools that are commonly used by those large institutional investors. But before we dive into Mercor’s solution, let’s take a closer look at the definition of automated copy-trading and why it is the future of investing, both in the crypto space, and the mainstream financial sector. 

An automated trading strategy is a set of rules that determine when to buy and sell assets. When those rules are met, orders execute. This is defined as algorithmic trading. This has several advantages over investing manually. First, it can operate 24/7 with little downtime, allowing investors to capture the most value out of the 24/7 crypto asset market. Second, automated programs never deviate from the rules set in the trading strategies, theoretically making no mistakes. Finally, human emotion is never involved; a trait which is likely the cause of many to lose