NakedPnL vs 3Commas Leaderboard - Independent Registry vs Bot Marketplace
How a cryptographically chained registry compares with 3Commas' platform-locked bot and copy-trading leaderboard. Methodology, custody, and verifiability.
- 3Commas is a non-custodial trading-bot and copy-trading platform with public bot presets and portfolio sharing; performance is platform-attested.
- NakedPnL is an independent registry of verified trader performance: read-only API connections, daily TWR, SHA-256 hash chain, and OpenTimestamps Bitcoin anchoring.
- 3Commas' leaderboard is bound to bots and accounts inside 3Commas; NakedPnL's registry covers multiple venues (Binance, Bybit, OKX, IBKR, Kalshi, Polymarket) under one verifiable TWR.
Verdict in one paragraph
3Commas is a platform that connects to exchanges via API keys and runs trading bots, DCA grids, and copy-trading workflows on the user's behalf. Its public bot presets and portfolio pages are useful for discovering bots inside 3Commas, but the performance figures are produced by 3Commas itself. NakedPnL does not run bots and does not execute trades. It connects read-only, takes daily NAV, and publishes a SHA-256 chain that an outside party can recompute. If you are choosing between bots inside 3Commas, 3Commas' surfaces are the right place. If you want a portable, multi-venue, re-verifiable track record, NakedPnL is the right tool.
What they do differently
3Commas is non-custodial in the sense that funds never leave the connected exchange. The platform requires API keys with trading permissions to execute the bot's strategy. Public bots, presets, and portfolios are visible inside 3Commas, and performance is reported from 3Commas' internal records. The architecture is fit for purpose if the goal is to run or copy a bot.
NakedPnL only requires read-only API keys. The trader does not have to use NakedPnL to execute anything. The registry is venue-agnostic - one trader can publish a TWR that combines Binance, IBKR, and Polymarket. The chain is append-only and the daily Merkle root is anchored to Bitcoin via OpenTimestamps, so a third party can verify a chain head's existence at a given date without trusting NakedPnL.
Feature comparison
| Criterion | NakedPnL | 3Commas Leaderboard |
|---|---|---|
| Category | Independent verified-performance publisher | Trading bot platform with copy-trading and public bot presets |
| Custody model | None - read-only API keys | Non-custodial; funds remain at exchange |
| API permissions required | Read-only | Trade-enabled API keys for bots; sign center described in docs |
| Verification mechanism | Daily NAV snapshots, TWR, SHA-256 chain, OpenTimestamps anchor | Internal 3Commas records of bot trades and portfolio performance |
| Independent re-verification | Yes - browser-side re-hash from raw exchange data | Limited to data 3Commas surfaces in-platform |
| Multi-venue coverage | Binance, Bybit, OKX, IBKR, Kalshi, Polymarket under one TWR | Multiple exchange connections; performance reported per bot/portfolio |
| Public registry of traders | Yes - opt-in, GDPR-consent gated | Public bot presets and portfolios inside 3Commas |
| Performance metric | Time-weighted return | PnL and profit-last-month style metrics on bot cards |
| Trade execution | No execution | Yes - bots execute trades on the user's exchange account |
| Cost to trader | Free registry tier; paid analytics tiers | Subscription tiers for bot capabilities |
| Open methodology | Yes - public reference implementation | Bot mechanics documented; performance methodology not exposed for re-verification |
| Append-only history | Yes - chain hashes preserved | Bot history preserved within 3Commas; no cryptographic chain |
| Privacy model | Opt-in, withdrawable GDPR consent | Bots and portfolios are public when shared by the user |
| Regulatory category | Publisher of verified data | Software platform; non-custodial |
Use cases
- User wants to run a DCA bot or copy a bot strategy: 3Commas is the appropriate platform.
- Trader wants a chained, re-verifiable record of their own real account performance: NakedPnL is the appropriate publisher.
- Allocator evaluating a discretionary or systematic trader who runs across CEX, IBKR, and Polymarket: only NakedPnL aggregates these into one TWR.
- User who wants to share bot results inside the same platform that runs them: 3Commas' public preset model fits.
Pricing
3Commas operates subscription tiers that gate bot features and portfolio capabilities. NakedPnL is free for viewers; trader-side paid tiers exist, and the founding seat program is hard-capped at 100 lifetime seats. The pricing models reflect different products - one sells software for execution, the other publishes verified performance.
Why this comparison is hard
3Commas does something NakedPnL is structurally not allowed to do: orchestrate trade execution on behalf of users. NakedPnL does something 3Commas does not aim to do: publish chained, third-party-verifiable track records portable across venues. They overlap on the surface 'leaderboard' question but answer different needs. Treat this as a tooling decision rather than a head-to-head product comparison.