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0x203f…f26e · Hyperliquid address profile

0x203f4c410f3c35cead9f35b6de2f66e773d7f26eView on Hyperliquid ↗ ·

Not offered yetHigh frequency Mark-to-market cumulative profit $5.80M (perps + spot, since 2025-07-27), ranked #152 site-wide. All-time P&L on the exchange's own record (incl. spot, vaults, staking): $5.41M.

Three things to check before following him

This address still holds
$816K
perps + spot + vaults + staking; perps account $72K, 3 open positions
Ever liquidated
No
No liquidation on record in this window
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 $5.80M 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$5.40M$4.26M

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 ($1.14M). The hatched band on the left is before our data starts (20250727); the exchange had him at $929K by then — that is why our number differs from other sites.

His account equity

Equity at start
$1.92M
2025-07-27
Equity now
$817K
2026-11-07
All-time high
$2.94M
now 28% of peak
P&L over the same span
$5.80M
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
$5.80M
Max drawdown
$3.09M
Profit vs equity
184.7%
vs his peak equity of $3.14M
Active
469 days

Where the money comes from

94.4%5.6%$5.80Mnet
SUI$1.21MFARTCOIN$954KkBONK$795KENA$463KSOL$446KJUP$444KkPEPE$403KAAVE$312K
minus fees−$2,781 (0.05%)

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.

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

What kind of trader

Size98Resilience62Maker49Funding77Consistency94Spread50
$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#152 of 7,432 · top 2.0%only 151 made more · 1.87% 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

9.0
Out of every 10 positions, how many ended up green
4.61×
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 · High frequency
305 fills per day. Mirroring this account needs order placement at his speed and fees low enough not to eat the thin per-trade margin. That is an execution-layer problem, and we have not wired it into copy trading yet.

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

SUI Short$1.21M
2025-07-27 → 2025-10-10 · 76 days · 1 fills · peak $2.13M (111% of equity) · —
FARTCOIN Short$954K
2025-07-27 → 2025-10-10 · 76 days · 7 fills · peak $1.07M (56% of equity) · —
kBONK Short$795K
2025-07-27 → 2025-10-10 · 76 days · 1 fills · peak $1.01M (53% of equity) · —

3 worst rounds

XPL Short$-108K
2025-08-23 → 2025-08-27 · 5 days · 629 fills · peak $282K (14% of equity) · Unfold
PUMP Short$-35K
2025-07-27 → 2025-08-01 · 6 days · 896 fills · peak $300K (16% of equity) · —
KAITO Short$5,512
2025-07-27 → 2025-10-10 · 76 days · 6 fills · peak $104K (4% of equity) · —

All rounds (19 rounds)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
ETHShort2025-07-27 → 2026-11-0746981124%$204K—
SOLShort2025-07-27 → 2026-11-07469122199%$446K—
BNBShort2025-07-27 → 2026-11-074697442%$110K—
JUPShort2025-10-11 → 2026-01-038586731%$74K—
ENAShort2025-07-27 → 2025-11-071049155%$463K—
SPXShort2025-07-27 → 2025-10-10766917%$181K—
kPEPEShort2025-07-27 → 2025-10-1076127%$403K—
KAITOShort2025-07-27 → 2025-10-107664%$5,512—
JUPShort2025-07-27 → 2025-10-10761,51925%$370K—
kSHIBShort2025-07-27 → 2025-10-1076342%$21K—
SUIShort2025-07-27 → 2025-10-10761111%$1.21M—
kBONKShort2025-07-27 → 2025-10-1076153%$795K—
BTCShort2025-07-27 → 2025-10-1076637149%$199K—
RESOLVShort2025-07-27 → 2025-10-1076271%$20K—
AAVEShort2025-07-27 → 2025-10-107612846%$312K—
TAOShort2025-07-27 → 2025-10-1076118%$188K—
FARTCOINShort2025-07-27 → 2025-10-1076756%$954K—
XPLShort2025-08-23 → 2025-08-27562914%$-108KUnfold
PUMPShort2025-07-27 → 2025-08-01689616%$-35K—

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)$5.80M
Max drawdown (mark-to-market)$3.09M
Return (÷ true intraday peak exposure)37.4%
Profit vs his peak account equity184.7%
His peak account equity$3.14M
Resilience (P&L ÷ drawdown)1.88
Largest exposure held$15.53M
Open-to-flat rounds20
Spread across19 coins
Fills inside those rounds5,203
Typical round length76.0 days
Same-day in-and-out share5.0%
Taker share75.4%
Fills per day305.4
Days active469

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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.