> ## Documentation Index
> Fetch the complete documentation index at: https://docs.0xmonaco.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Preview copying a lead trader's open positions

> Preview copying a leader's open positions.

 What a follow with these terms would open if it set `copyExisting`, as
 totals only: the estimated margin and fees, and how many of the leader's
 positions would and would not be copied. It names no pair, side or
 reason. Read-only; nothing is placed or reserved. The same session rules
 and follow terms rules as following apply, it is refused while copy
 trading is off, and it spends the order-risk preview budget. At most 64
 positions are sized; `truncated` says when more matched.



## OpenAPI

````yaml /proto-openapi/api/openapi.yaml post /api/v1/copy-trading/follows/preview
openapi: 3.0.3
info:
  title: Monaco Protocol API
  description: REST API for the Monaco Protocol hybrid CLOB exchange.
  version: 1.0.0
servers:
  - url: https://staging.apimonaco.xyz
    description: Staging server (Testnet)
security: []
tags:
  - name: AccountsService
  - name: ApplicationsService
  - name: AuthService
  - name: BuildercodeRewardsService
  - name: CopyTradingService
  - name: DelegatedAgentsService
  - name: FaucetService
  - name: FeesService
  - name: HealthService
  - name: ManagedMarketsService
    description: |-
      Wallet-authenticated maker assignments. The signed session must match both
       configured maker user and application. Owner IDs are process fences, never auth.
       Only wallet sessions are supported; delegated-agent sessions receive 403.
  - name: MarginAccountsService
    description: |-
      Current public isolated-margin semantics:
       - a user has one parent margin account per application scope
       - opening orders create or reuse isolated position buckets under that parent
       - parent account creation is handled internally by margin workflows
  - name: MarketService
  - name: OrderbookService
  - name: OrdersService
  - name: PositionsService
    description: |-
      Current public isolated-margin semantics:
       - positions link to a parent margin account and, when applicable, a bucket id
       - opening orders create or reuse isolated position buckets under the parent
       - users can open another isolated position by reusing the parent account with a different market bucket
  - name: PulseService
  - name: SweeperService
  - name: TraderCodeService
  - name: TradesService
  - name: WhitelistService
  - name: WithdrawalsService
paths:
  /api/v1/copy-trading/follows/preview:
    post:
      tags:
        - CopyTradingService
        - Copy Trading
      summary: Preview copying a lead trader's open positions
      description: |-
        Preview copying a leader's open positions.

         What a follow with these terms would open if it set `copyExisting`, as
         totals only: the estimated margin and fees, and how many of the leader's
         positions would and would not be copied. It names no pair, side or
         reason. Read-only; nothing is placed or reserved. The same session rules
         and follow terms rules as following apply, it is refused while copy
         trading is off, and it spends the order-risk preview budget. At most 64
         positions are sized; `truncated` says when more matched.
      operationId: preview_follow
      requestBody:
        content:
          application/json:
            schema:
              $ref: '#/components/schemas/PreviewFollowRequest'
        required: true
      responses:
        '200':
          description: OK
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/PreviewFollowResponse'
        '400':
          description: >-
            Invalid request, or terms a follow would refuse (the message names
            the rule)
        '401':
          description: Authentication required
        '403':
          description: Delegated agent or sub-account sessions cannot follow
        '404':
          description: Lead trader not found
        '409':
          description: Copy trading is not available
        '429':
          description: >-
            Read or order-risk preview rate limit exceeded; retry after the
            interval in details.retryAfter
        '500':
          description: Internal server error
        '503':
          description: Matching engine unavailable or its preview capacity is busy; retry
      security:
        - monacoSignature: []
        - monacoHttpSignature: []
components:
  schemas:
    PreviewFollowRequest:
      type: object
      properties:
        leader:
          example: alpha_trader
          type: string
          description: The leader's custom TraderCode handle
          nullable: true
        marginModePolicy:
          example: FOLLOW
          type: string
          description: FOLLOW (default), CROSS or ISOLATED
          nullable: true
        sizingMode:
          example: PROPORTIONAL
          type: string
          description: PROPORTIONAL (default) or FIXED_MARGIN
          nullable: true
        sizingParam:
          type: string
          description: >-
            Margin per leader order in quote units; required for FIXED_MARGIN,
            omitted otherwise
          nullable: true
        leverageMode:
          example: FOLLOW
          type: string
          description: FOLLOW (default) or FIXED
          nullable: true
        fixedLeverage:
          type: string
          description: Leverage for every copy; required for FIXED, omitted otherwise
          nullable: true
        allocation:
          example: '1000'
          type: string
          description: Collateral the copy account would start with, in quote units
          nullable: true
        markets:
          allOf:
            - $ref: '#/components/schemas/CopyMarketFilter'
          description: Markets to copy; omit to copy every market the leader trades.
          nullable: true
    PreviewFollowResponse:
      type: object
      properties:
        estimatedMargin:
          example: '125.40'
          type: string
          description: >-
            Estimated collateral the copied positions would reserve at
            placement, in quote units, rounded up to cents
          nullable: true
        estimatedFee:
          example: '0.35'
          type: string
          description: >-
            Estimated taker fees of the copies, in quote units, rounded up to
            cents
          nullable: true
        copiedPositions:
          example: 2
          type: integer
          description: The leader's positions (in the copied markets) that would be copied
          format: uint32
          nullable: true
        skippedPositions:
          example: 1
          type: integer
          description: >-
            The leader's positions (in the copied markets) that would not be
            copied
          format: uint32
          nullable: true
        truncated:
          type: boolean
          description: >-
            True when the leader holds more positions in the copied markets than
            one preview sizes (64); the totals and counts cover the first ones
            only
          nullable: true
      description: >-
        What following with `copyExisting` would open, as totals only. The
        caller
         of a preview is never a follower of the leader (copyExisting applies only
         on a create), so the response names no pair, side, size, mark or skip
         reason, and a leader whose positions cannot be copied at all gives
         `copiedPositions = 0` with no reason. The totals are rounded UP to cents
         (the settlement currency's display precision). A residual aggregate signal
         remains: the counts and the rounded totals across varied allocations
         bound the size of the leader's book, never its markets or direction.
    CopyMarketFilter:
      type: object
      properties:
        tradingPairIds:
          type: array
          items:
            type: string
            minLength: 1
            format: uuid
          description: Trading pair UUIDs to copy (at most 256); empty means every market.
          nullable: true
      description: A follow's market filter.
  securitySchemes:
    monacoSignature:
      type: apiKey
      description: >-
        Ed25519 session-key request signing. Every authenticated request carries
        three headers: `X-Monaco-PublicKey` (64-char lowercase-hex session
        public key), `X-Monaco-Timestamp` (Unix milliseconds, within 30s of
        server time), and `X-Monaco-Signature` (hex ed25519 signature). The
        signature is over `METHOD\npath?query\ntimestamp_ms\nSHA256_hex(body)`,
        where the body hash is the SHA-256 of the empty byte string when there
        is no body. Obtain the session keypair from `POST
        /api/v1/auth/challenge` followed by `POST /api/v1/auth/verify`.
      name: X-Monaco-Signature
      in: header
    monacoHttpSignature:
      type: apiKey
      description: >-
        RFC 9421 Ed25519 session-key request signatures. Send Signature-Input,
        Signature, and Content-Digest together; never combine them with
        X-Monaco-* credentials. The monaco signature covers @method, @path,
        @query, and content-digest in that order, with created (Unix seconds
        within 30s of server time), keyid (registered lowercase-hex session
        public key), and alg=ed25519 parameters. Content-Digest uses RFC 9530
        sha-256 over the exact body bytes, including the empty body. Query
        coverage retains ordering and percent encoding. Timestamp freshness does
        not reject repeated identical requests; use endpoint idempotency where
        supported. Existing legacy signing remains supported during server-first
        migration; SDK RFC 9421 signing is opt-in. See
        https://docs.0xmonaco.com/reference/http-message-signatures for the
        complete profile and trust model.
      name: Signature
      in: header

````