Signals vs running the bot yourself
Botely sells SIGNALS (advisory). It does not sell trading-as-a-service. You decide what to do with each signal; in Phase 1, you can also have Botely auto-execute on your own dYdX wallet.
Signals: the default product
A signal is a structured event: "strategy v6.4 opened ETH long at $3,420 with TP at $4,172 (+22%) and SL at $3,078 (-10%), max hold 144h". You receive it via the delivery channel you configured (in-app, Telegram, email, webhook).
What you do with it is your choice: execute manually on your own broker, auto-execute via a script you wrote against the webhook, ignore it, or watch the paper trail accumulate to build conviction.
Running the bot yourself
The trading bot is open infrastructure code (in the same repo as this site). You can clone it, configure your own dYdX wallet, and run it on your own server. Botely's SaaS is then just one of many possible signal consumers; the bot runs autonomously.
Phase 1 (planned multi-tenant) will let Botely run the bot ON your behalf โ using a permissioned key you've registered via the in-app wizard. You stay in custody of your funds (subaccount 0 stays under your owner wallet). Botely takes a per-signal or subscription fee for the convenience.
Why we separate them
The signal is the IP. The bot is the execution layer. Many users want one without the other.
Some want fully manual trading on their own discretion. Some want fully automated execution with no daily attention. By keeping them separate, we let you choose.
Today vs tomorrow
Today (Phase 0): the SaaS sells signals only. The bot is the founder's own private operation. Public signups are gated.
Tomorrow (Phase 1): public signups + per-user permissioned-key bot execution. Same signal feed, optional automation.