0x054a…db2f · Hyperliquid address profile

0x054a01da80ee37d5220af5471b1eedbdcd2cdb2fView on Hyperliquid ↗

⚠️ Understand firstDelta-neutral carry Mark-to-market cumulative profit $1.39M, ranked #484 site-wide.

Three things to check before following him

This address still holds
$1.68M
perps + spot + vaults + staking; perps account $92K, 2 open positions
Ever liquidated
Yes
9 times · $18K notional
Time since last trade
Traded today
last fill 2026-09-22

Those three numbers describe where he stands now. The curve below is a different thing — how much he made in the past. An address showing $1.39M of profit can be sitting on an empty account, and the P&L figure alone will never tell you.

Mark-to-market cumulative P&L

our ledger starts here$1.39M$1.29M

Three definitions on one axis: green = our mark-to-market ledger · red = the exchange's public "closed P&L" · grey dashed = exchange all-in. The shaded gap is what closed-P&L misses ($104K). The hatched band on the left is before our data starts (20250728); the exchange had him at $2,812 by then — that is why our number differs from other sites.

His account equity

Equity at start
$145K
2025-07-28
Equity now
$1.68M
2026-09-22
All-time high
$1.68M
now 100% of peak
P&L over the same span
$1.39M
from trading, deposits excluded

The green line above is how much he made trading (rebuilt from on-chain fills; deposits and withdrawals are invisible there). This amber line is how much money is in his account (from the exchange API, deposits included). Wherever the two diverge, he put money in or took money out. So "made a lot but little left" and "made little but holds a lot" are both possible and neither is strange.
⚠️ Equity is sampled weekly for anything older than a month (near-daily only recently); this line connects those points rather than measuring every day. ⚠️ It covers perps + spot + vaults + staking, not just the perps account.

Cumulative P&L
$1.39M
Max drawdown
$155K
Profit vs equity
82.7%
vs his peak equity of $1.68M
Active
422 days

Where the money comes from

94.4%5.6%$1.39Mnetminus fees−$49K (3.43%)
BTC$879KZEC$147KETH$122KASTER$116Kxyz:SILVE$52KLAUNCHCOI$49KHYPE-$44KWLFI$26K

Within each bar: green = directional, amber = funding.

Funding is 5.6% of gross. Fees are negative, so they are listed under the ring as a deduction rather than forced into the pie.

What kind of trader

Size94Resilience96Maker15Funding73Consistency65Spread78axes = percentile among all (further out = more pronounced, not better)
#484top 6.1%0.80% of #1

All 6 axes are facts, not a score: percentiles among all addresses. Further out means more pronounced, not better.

How he makes it

6.6
Out of every 10 positions, how many ended up green
4.41×
Average win vs average loss

One high and one low is the norm — either number alone misleads, so they are always shown as a pair.

Understand this before following him · Delta-neutral carry
He buys spot and shorts the perp on HYPE at the same time, hedge ratio 1.00 (1.0 = fully hedged). He looks like a short here, but he is not betting on direction — he earns funding. Shorting alongside him copies only one of his two legs.

Every round he traded

A round is one stretch of exposure in a single coin, from first entry until fully flat. Adding to or trimming a position does not start a new round; flipping long to short counts as two. So a single round can contain thousands of fills — both numbers are shown side by side so the pair reads consistently.
⚠️ "Days" counts days actually holding a position, which can be shorter than the span between the two dates. If he goes flat and later re-enters the same side, day-level segmentation cannot see the gap and treats it as one round (about 32% of rounds are like this). Rows where the span and the held days disagree carry a ~ after the day count; hover it for the exact gap. The curve is cumulative P&L in dollars at market prices for that round, not equity and not a percentage return: deposits and withdrawals are invisible on-chain, so no percentage can be computed. Same-day round trips are excluded here. Coin names carrying ↗ are clickable — they open that coin's candlestick chart with this wallet selected and the view zoomed to that exact round, so you can see where each add and trim landed. (Only for coins that have a chart page, and only when this wallet is on that page.)
The last column Unfold 🔒 is subscriber content: it lays out every single fill of that round in order, so you can see whether he sized in at once or scaled in, and whether he exited decisively or dragged it out. Available only for rounds that pass the filter (held 1–30 days, large enough P&L, flat at both ends). Free for 7 days when you connect a wallet — no payment needed.

3 most profitable rounds

BTC Long$518K
2026-07-01 → 2026-09-22 · 84 days · 379 fills · peak $1.88M (150% of equity) ·
BTC Short$225K
2025-07-30 → 2025-10-29 · 83 days · 1,981 fills · peak $1.25M (501% of equity) ·
ZEC Short$131K
2025-10-11 → 2025-11-28 · 35 days · 1,282 fills · peak $577K (58% of equity) ·

3 worst rounds

HYPE Short$-60K
2026-02-03 → 2026-09-22 · 232 days · 18 fills · peak $99K (6% of equity) ·
BNB Short$-23K
2025-08-21 → 2025-10-29 · 65 days · 200 fills · peak $452K (58% of equity) ·
BTC Long$-16K
2026-06-02 → 2026-06-07 · 6 days · 51 fills · peak $550K (43% of equity) ·

All rounds (58 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
BTCLong2026-07-01 → 2026-09-2284379150%$518K
HYPEShort2026-02-03 → 2026-09-22232186%$-60K
BTCLong2026-06-02 → 2026-06-0765143%$-16K
ZECLong2026-06-05 → 2026-06-073572%$16K
BTCShort2026-03-12 → 2026-05-2234~711100%$13K
LTCLong2026-01-14 → 2026-05-15122356%$-13K
BTCLong2026-02-23 → 2026-03-048~29343%$73K
ETHLong2026-02-05 → 2026-03-04285910%$16K
BTCShort2026-02-20 → 2026-02-22381822%$-18K
BTCLong2026-01-30 → 2026-02-1916~859175%$34K
xyz:SILVERLong2026-01-30 → 2026-02-04610318%$49K
HYPELong2025-12-12 → 2026-01-28482007%$10K
BTCShort2025-11-28 → 2025-12-15186840%$20K
HYPEShort2025-11-10 → 2025-12-1132185%$9,452
ZECShort2025-10-11 → 2025-11-2835~1,28258%$131K
BTCShort2025-10-31 → 2025-11-1210~8534%$18K
XRPShort2025-11-01 → 2025-11-0333114%$11K
BTCShort2025-07-30 → 2025-10-2983~1,981501%$225K
BNBShort2025-08-21 → 2025-10-2965~20058%$-23K
LAUNCHCOINShort2025-09-08 → 2025-10-2412~2714%$24K
ETHShort2025-09-08 → 2025-10-1032~26563%$6,339
ZORAShort2025-10-09 → 2025-10-1021036%$23K
ASTERShort2025-09-20 → 2025-10-09201,369228%$109KUnfold 🔒
PENGUShort2025-07-28 → 2025-09-08438698%$18K
ETHLong2025-08-22 → 2025-09-07174945%$-16K
kBONKShort2025-07-29 → 2025-09-0713~12074%$15K
LAUNCHCOINLong2025-08-24 → 2025-08-26383815%$24K
ZORALong2025-08-11 → 2025-08-23135311%$-7,226
BIOLong2025-08-21 → 2025-08-2229311%$15K
ETHLong2025-08-08 → 2025-08-147411448%$114K

Two rounds can both say "made $1M" and be nothing alike: one held steady the whole way, another sat 50% underwater before recovering, a third earned everything on the final day. The number hides that; the curve shows it. Curves are drawn only for rounds held 5 days or longer — shorter ones have too few points to be honest. This is what already happened, not a forecast.

Every number

Cumulative P&L (mark-to-market)$1.39M
Max drawdown (mark-to-market)$155K
Return (÷ true intraday peak exposure)28.7%
Profit vs his peak account equity82.7%
His peak account equity$1.68M
Resilience (P&L ÷ drawdown)8.96
Largest exposure held$4.84M
Open-to-flat rounds71
Spread across32 coins
Fills inside those rounds15,780
Typical round length9.5 days
Same-day in-and-out share18.3%
Taker share99.7%
Fills per day95.6
Days active422

Similar addresses

0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00 · 0x880ac484a1743862989a441d6d867238c7aa311c · 0x7fdafde5cfb5465924316eced2d3715494c517d1 · 0xd47587702a91731dc1089b5db0932cf820151a91 · 0xa312114b5795dff9b8db50474dd57701aa78ad1e · 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

Where these numbers come from. Rebuilt from Hyperliquid's raw fill stream: each coin's position is cut into rounds from first entry to fully flat, then marked to the market price of every single day, plus funding, minus fees. Summing all 1.24M rounds reconciles to the daily mark-to-market P&L to 2.2e-16.

What this page is not. It describes how he made money in the past. It is not a claim that following him will make you money. We have never tested whether addresses near the top of this board do better next month — no evidence, no claim.