Edge & Hedge

C

Hyperliquid Trading Vault · 122 days old · 15 followers

Risk Score

48/100

Strategy

Neutral

APR

18.8%

TVL

$279,658.19

Leader Equity

95.8%

Return

-12.3%

Max Drawdown

-23.8%

Sharpe Ratio

-1.20

30d vol: 95.1%

Account Exposure

3.2x

notional / equity

Max Position Leverage

20x

Why This Grade?

This vault uses 3.2x effective leverage (31.7% wipeout threshold). A single position uses 20x leverage, which could cascade into a liquidation.

Position Risk(avg across 45 tokens)31 pts
Leverage Penalty(3.2x acct)+7 pts
Max Position Leverage(20x)+10 pts
Total Score48/100 C
How we score vaults →

Performance (TWR)

-12.3%

Strategy

Running quantitative delta neutral long, short strategy with a leverage of around 3x. Backtest Results (Oct 2022 - Now): CAGR ~ 110% | Sharpe ~ 2 | Max Drawdown ~ 25%. Follow on Twitter for regular updates - https://x.com/blothecap

Correlated Vaults

Most Correlated

Orbit Value Strategies0.64
OnlyShorts0.41
Martyrbit0.29

Least Correlated

Ultron-0.49
reverse mid curver-0.48
Sentiment Edge-0.48

Low/negative correlation = good for diversification

Position Breakdown

A gradeB gradeC gradeD gradeF gradeUnratedSolid border = LongDashed border = Short
SideTokenWeightGrade
SHORTBTC8.3%B
SHORTPOL6.2%B-
LONGZEC5.6%B-
SHORTWLFI4.9%—
SHORTXLM4.9%B+
+ 51 more positions
LONGARB4.3%B
SHORTUNI3.7%B+
SHORTBCH3.6%B
SHORTTAO3.6%C-
LONGPYTH3.6%B
SHORTONDO3.2%C+
SHORTAPT2.7%B
SHORTAAVE2.6%B-
LONGTON2.4%C+
LONGETH2.4%A-
LONGSPX2.3%—
LONGWIF2.1%—
LONGXPL1.9%—
LONGSEI1.8%C+
LONGENA1.8%C-
LONGICP1.7%C+
LONGLTC1.7%B+
SHORTPENDLE1.6%B-
LONGkPEPE1.5%—
LONGNEAR1.4%B-
LONGPUMP1.4%C+
SHORTZRO1.4%C+
SHORTkSHIB1.4%—
SHORTHBAR1.3%C+
LONGFIL1.2%B-
LONGFARTCOIN1.1%—
SHORTTRUMP1.1%—
LONGSUI1.0%C+
LONGOP1.0%C+
LONGCC1.0%—
LONGMORPHO1.0%B-
SHORTDOT0.8%B
LONGBNB0.8%C+
LONGHYPE0.7%C-
LONGLDO0.7%B
LONGDOGE0.6%B
SHORTXRP0.6%B-
SHORTXMR0.6%C
SHORTPENGU0.6%—
LONGkBONK0.4%—
SHORTVIRTUAL0.4%C
LONGTIA0.3%B-
SHORTLINK0.2%B-
SHORTWLD0.2%C+
SHORTSOL0.1%B-
SHORTAVAX0.1%B-
LONGCRV0.0%B
SHORTJUP0.0%C+
LONGADA0.0%B-
LONGETHFI0.0%C-
SHORTDYDX0.0%B-

Unrated tokens: kPEPE, kSHIB, kBONK, WIF, PENGU, FARTCOIN, SPX, TRUMP, XPL, WLFI, CC. These positions don't contribute to the risk score.

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.

C-
← All Hyperliquid VaultsOpen on Hyperliquid →