Monitor a Live Strategy

A deployed strategy is a thesis running with your funds behind it, and the live result is the only test that counts. Once a strategy is deployed, you track its progress from the strategy dashboard on the left side of the canvas. This page explains what the dashboard shows, how to read the canvas in view mode, and how to tell a waiting strategy from a stuck one.

Open the dashboard

Navigate to the Strategies section of the trading interface. The dashboard lists all your strategies, both active and historical.

Filter by status:

Active: Currently running strategies.
Done: Completed strategies, all nodes ran successfully to the end of the flow.
Failed: Strategies that stopped because a node could not complete.
Off: Cancelled strategies, stopped manually from the dashboard.

Strategy card overview

Each strategy in the list shows:

Name and status indicator: A colored dot reflects current status. Blue for active, gold for completed, red for failed or cancelled.
Unrealized PnL: Current PnL on any open positions held by the strategy.
Position value: Total value of open positions.

Click a strategy to expand it or open it in the canvas viewer.

Reading the canvas in view mode

Clicking into a deployed strategy opens the canvas in read-only view mode, showing the strategy’s current execution state. The floating toolbar at the top shows the strategy’s overall status.

Node highlighting:

Active node: The node the strategy is currently waiting on or executing. Highlighted to show exactly where the strategy is in the flow.
Failed node: A node that encountered an error and could not complete. Shown with a distinct indicator.

This view is useful for understanding where a strategy is stuck or why it stopped earlier than expected.

Tip

If a strategy is not doing what you expected, open it in view mode and find the highlighted node. A highlighted Indicator means the strategy is waiting for its condition, which is normal. A node marked as failed is where to start debugging. Troubleshooting & FAQ covers the common stalls.

Checking open positions

The strategy dashboard shows live PnL and position data for any positions currently open under your strategy. This updates in real time.

Note

Positions, fills, and PnL settle on Hyperliquid, so the exchange’s own interface is the authoritative record. The dashboard mirrors that state for the positions your strategy holds. When a number has to be exact, check it against your Hyperliquid positions panel.

Watching cycle progress

If your strategy uses cycles, the dashboard tracks how many cycles have completed and how many remain. The cycle count updates as the strategy progresses. Each cycle resets from the first node.

Active versus still running

A strategy with Active status has been deployed and has not finished or been cancelled. It may currently be:

Waiting for its trigger condition to be met
Executing an order
Monitoring an open position for an exit condition

All of these fall under Active. A strategy does not move to Done until its final node successfully completes and the flow ends. If a node fails, the strategy stays Active only while another branch is still running. Otherwise it moves to Failed.

Next steps

If something looks off, you can stop the strategy. Read Cancel or Stop a Strategy to learn how. To update a deployed strategy, cancel it first, make your changes, then redeploy. See Deploy a Strategy for the full deployment workflow, and Troubleshooting & FAQ when a live strategy is not behaving.