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0x2025…840e · Hyperliquid address profile

0x2025137a136bea7446deba681cbfc7cf1970840eView on Hyperliquid ↗ ·

Not offered yetMarket maker Mark-to-market cumulative profit $7.95M (perps + spot, since 2025-07-27), ranked #104 site-wide. All-time P&L on the exchange's own record (incl. spot, vaults, staking): $13.27M.

Three things to check before following him

This address still holds
$2.63M
perps + spot + vaults + staking; perps account $431K, 4 open positions
Ever liquidated
Yes
5,246 times · $33.41M notional
Time since last trade
Traded today
last fill 2026-11-07

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 $7.95M 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

compressedour ledger starts here$12.62M$12.49M

Three definitions on one axis: green = our mark-to-market ledger (perps + spot) · red = the exchange's public "closed P&L" · grey dashed = exchange all-in (also includes vaults and staking). The shaded gap is what closed-P&L misses ($132K). The hatched band on the left is before our data starts (20250727); the exchange had him at $5.37M by then — that is why our number differs from other sites.

His account equity

Equity at start
$5.97M
2025-07-27
Equity now
$2.62M
2026-11-07
All-time high
$8.49M
now 31% of peak
P&L over the same span
$7.95M
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. Account equity covers perps, spot, vaults and staking.

Cumulative P&L
$7.95M
Max drawdown
$6.28M
Profit vs equity
93.6%
vs his peak equity of $8.49M
Active
469 days

Where the money comes from

93.4%6.6%$7.95Mnet
XPL-$2.91MZEC$2.24MPUMP$1.82MENA$1.08Mxyz:CL-$819KHYPE$737KSOL$720KBTC$565K
minus fees−$460K (5.47%)

Funding is 6.6% of gross. Fees are negative, so they are listed under the ring as a deduction rather than forced into the pie.

Within each bar: green = directional, amber = funding. Right of the line is profit, left is loss. Italic names are spot.

What kind of trader

Size99Resilience46Maker86Funding80Consistency9Spread99
$100 – $156: 23$156 – $245: 20$245 – $383: 44$383 – $599: 70$599 – $938: 120$938 – $1,468: 214$1,468 – $2,297: 257$2,297 – $3,594: 322$3,594 – $5,623: 311$5,623 – $8,799: 363$8,799 – $14K: 359$14K – $22K: 352$22K – $34K: 357$34K – $53K: 417$53K – $83K: 709$83K – $129K: 743$129K – $202K: 615$202K – $316K: 528$316K – $495K: 486$495K – $774K: 332$774K – $1.21M: 226$1.21M – $1.90M: 169$1.90M – $2.97M: 112$2.97M – $4.64M: 92$4.64M – $7.26M: 71$7.26M – $11.36M: 55$11.36M – $17.78M: 27$17.78M – $27.83M: 14$27.83M – $43.54M: 10$43.54M – $68.13M: 7$68.13M – $106.61M: 2$106.61M – $166.81M: 3$166.81M – $261.02M: 1$261.02M – $408.42M: 1$100$1K$10K$100K$1M$10M$100M$1B#104 of 7,432 · top 1.4%only 103 made more · 2.57% of #1

Axes are percentiles among all addresses — further out means more pronounced, not better.

All 6 axes are facts, not a score. The right chart is cumulative profit across all 7,432 profitable addresses (log scale); the line is him — everyone to the right made more.

How he makes it

5.7
Out of every 10 positions, how many ended up green
1.03×
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.

Why copy trading is not open yet · Market maker
Only 22.9% of his volume takes liquidity; the rest is quoting both sides. He earns the market-making spread, not direction — copying his fills copies the outcome, not the strategy. Following him means quoting both sides too, which is a different system.

Every round he traded

A round is one coin, from first entry until fully flat. The curve is that round's P&L in dollars at market prices.
Coins marked ↗ open the chart zoomed to that round. Unfold shows every fill: how he scaled in and how he got out.

3 most profitable rounds

ETH Long$1.39M
2026-01-30 → 2026-02-03 · 5 days · 16,230 fills · peak $8.27M (138% of equity) · —
ZEC Short$1.05M
2025-11-19 → 2025-11-27 · 9 days · 7,407 fills · peak $3.17M (47% of equity) · —
ENA Long$992K
2025-07-30 → 2025-08-11 · 13 days · 13,128 fills · peak $3.17M (50% of equity) · —

3 worst rounds

ETH Short$-2.16M
2025-08-07 → 2025-08-16 · 10 days · 20,241 fills · peak $14.87M (249% of equity) · —
XPL Long$-2.11M
2025-10-08 → 2025-10-14 · 7 days · 20,096 fills · peak $2.48M (41% of equity) · —
FARTCOIN Long$-1.58M
2025-10-07 → 2025-11-06 · 31 days · 43,429 fills · peak $2.09M (36% of equity) · —

All rounds (2,015 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
ZECShort2026-01-30 → 2026-06-051279,81230%$364K—
PUMPShort2025-12-31 → 2026-06-0415623,92965%$956K—
FARTCOINLong2026-04-06 → 2026-05-08334,9409%$374K—
kPEPEShort2026-01-23 → 2026-04-29972,42829%$369K—
xyz:CLLong2026-04-05 → 2026-04-09518,99916%$-392K—
xyz:BRENTOILShort2026-04-05 → 2026-04-08417,64419%$325K—
xyz:CLShort2026-03-23 → 2026-03-24210,3021%$-452K—
xyz:BRENTOILLong2026-03-23 → 2026-03-2315,3430%$-718K—
FARTCOINLong2026-01-15 → 2026-02-24418,43014%$-468K—
SOLShort2026-02-05 → 2026-02-1066,1605%$374K—
SOLLong2026-01-31 → 2026-02-0454,228122%$354K—
ETHLong2026-01-30 → 2026-02-03516,230138%$1.39M—
XRPShort2025-11-14 → 2025-12-20375,22061%$546K—
ZECLong2025-11-28 → 2025-12-0364,24312%$-285K—
ZECShort2025-11-19 → 2025-11-2797,40747%$1.05M—
ASTERLong2025-09-29 → 2025-11-144755,46062%$-428K—
FARTCOINLong2025-10-07 → 2025-11-063143,42936%$-1.58M—
XPLLong2025-10-08 → 2025-10-14720,09641%$-2.11M—
ZECShort2025-10-02 → 2025-10-131214,13914%$313K—
WLFIShort2025-10-10 → 2025-10-1012,0301%$-355K—
SOLLong2025-09-22 → 2025-10-06157,43026%$408K—
ETHLong2025-09-22 → 2025-10-051423,38634%$436K—
AVNTShort2025-09-21 → 2025-09-2887,98239%$306K—
XPLShort2025-09-27 → 2025-09-27110,5150%$321K—
HYPELong2025-08-14 → 2025-09-234132,41278%$368K—
FARTCOINLong2025-07-27 → 2025-09-114742,35385%$634K—
XPLShort2025-08-22 → 2025-08-26522,00211%$-1.41M—
ETHShort2025-08-07 → 2025-08-161020,241249%$-2.16M—
ENALong2025-07-30 → 2025-08-111313,12850%$992K—
PENGUShort2025-07-27 → 2025-07-3152,60538%$371K—

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.

Every number

Cumulative P&L (mark-to-market)$7.95M
Max drawdown (mark-to-market)$6.28M
Return (÷ true intraday peak exposure)12.7%
Profit vs his peak account equity93.6%
His peak account equity$8.49M
Resilience (P&L ÷ drawdown)1.27
Largest exposure held$62.58M
Open-to-flat rounds2085
Spread across208 coins
Fills inside those rounds3,672,407
Typical round length3.0 days
Same-day in-and-out share3.4%
Taker share22.9%
Fills per day8,071.3
Days active469

Similar addresses

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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.