+convexity

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Hyperliquid Trading Vault · 227 days old · 27 followers

Risk Score

39/100

Strategy

Long

APR

-0.5%

TVL

$487,129.325

Leader Equity

45.6%

Return

+18.2%

Max Drawdown

-12.2%

Sharpe Ratio

2.37

30d vol: 72.2%

Account Exposure

0.1x

notional / equity

Max Position Leverage

20x

Why This Grade?

A single position uses 20x leverage, which could cascade into a liquidation. 100% of exposure is on the long side — this is a concentrated directional bet. 100% of exposure is concentrated in BTC.

Position Risk(avg across 1 token)21 pts
Max Position Leverage(20x)+10 pts
Directional Concentration(100% one-sided)+8 pts
Total Score39/100 C+
How we score vaults →

Performance (TWR)

+18.2%

Strategy

+convexity

Correlated Vaults

Most Correlated

Least Correlated

Low/negative correlation = good for diversification

Position Breakdown

A gradeB gradeC gradeD gradeF gradeUnratedSolid border = LongDashed border = Short
SideTokenWeightGrade
LONGBTC100.0%B

Vault risk = position-weighted average of token risk scores. Short positions use inverted scores (shorting risky tokens reduces risk).

Platform Risk: Hyperliquid

All vaults on Hyperliquid share the platform's counterparty, bridge, and L1 risk.

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