> For the complete documentation index, see [llms.txt](https://docs.tachyo.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tachyo.ai/platform/smart-money.md).

# Smart Money

Smart Money is the curated cut: wallets that carry a real, scored track record, presented with the numbers that earned it.

| Column           | What it is                                                                                                        |
| ---------------- | ----------------------------------------------------------------------------------------------------------------- |
| **Wallet**       | The wallet, by alias or handle where known.                                                                       |
| **Tier**         | S / A / B / C.                                                                                                    |
| **Realized PnL** | Profit booked on closed trades. Unlike the leaderboard's total PnL, this excludes paper gains on bags still held. |
| **Win rate**     | Share of decisive trades that ended in profit.                                                                    |
| **Trades**       | Depth of the record.                                                                                              |

## How this differs from the Leaderboard

* The [Leaderboard](/platform/leaderboard.md) is the **full ranked population** with period switching and heavy filtering: it answers "who is on top right now".
* Smart Money is the **classification view**: it answers "who does Tachyo consider good, and on what evidence".

Realized PnL is the reason to come here. A wallet can look enormous on total PnL because it is holding one winner that has not been sold; realized strips that out and shows what was actually booked.

<figure><img src="/files/I4PVEupn196B5cAMNMe4" alt=""><figcaption></figcaption></figure>

## Reading it well

* **Realized PnL next to trades.** Large realized profit over few trades is one good exit. Large realized profit over hundreds of trades is a process.
* **Win rate is context, not rank.** See the caution on the [Leaderboard](/platform/leaderboard.md) page: high win rate can mean small, safe, frequent wins that never catch anything.
* **Tier is per chain.** A wallet listed here is being judged on the chain it trades. See [Scoring is per chain](/concepts/per-chain-scoring.md).

## Where it connects

Smart-money classification is what everything else reads from: the tier badges on [the token page](/platform/token-page.md), the filters in the [Live Feed](/platform/feed.md), the wallets that trigger [Watchlist](/platform/watchlist.md) alerts, and the holder mix that tells you whether you are early or late.


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