0x2cd9…50ae · Hyperliquid address profile

0x2cd991f48ba31536a96b772536a1daaaedf150aeView on Hyperliquid ↗

Not offered yetDelta-neutral carry Mark-to-market cumulative profit $3.07M, ranked #262 site-wide.

Three things to check before following him

This address still holds
$9,947
perps + spot + vaults + staking; perps account $0, no open positions
Ever liquidated
Yes
34 times · $123K 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 $3.07M 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$3.43M$3.72M

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 ($-295K). The hatched band on the left is before our data starts (20250727); the exchange had him at $358K by then — that is why our number differs from other sites.

His account equity

Equity at start
$1.02M
2025-07-27
Equity now
$9,600
2026-09-22
All-time high
$2.86M
now 0% of peak
P&L over the same span
$3.07M
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
$3.07M
Max drawdown
$1.01M
Profit vs equity
107.4%
vs his peak equity of $2.86M
Active
423 days

Where the money comes from

$3.07Mnetminus fees−$58K (1.72%)
BTC$1.25MPUMP-$324KDOT$247KSEI$247KW$240KENA$240KETH$224KATOM$215K

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

Funding is -7.7% 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

Size97Resilience75Maker97Funding20Consistency30Spread94axes = percentile among all (further out = more pronounced, not better)
#262top 3.3%1.78% 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

4.9
Out of every 10 positions, how many ended up green
2.44×
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 1.6% 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.

Also · Delta-neutral carry
He buys spot and shorts the perp on PUMP at the same time, hedge ratio 0.99 (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 Short$1.25M
2025-08-24 → 2026-08-10 · 345 days · 9,647 fills · peak $8.17M (526% of equity) ·
ETH Long$374K
2025-07-27 → 2025-09-05 · 41 days · 97,926 fills · peak $3.54M (340% of equity) ·
HYPE Long$317K
2026-02-28 → 2026-03-31 · 32 days · 596 fills · peak $1.74M (76% of equity) ·

3 worst rounds

HYPE Long$-555K
2025-07-27 → 2026-02-16 · 204 days · 349,626 fills · peak $5.19M (333% of equity) ·
PUMP Long$-285K
2025-10-27 → 2026-07-28 · 275 days · 3,521 fills · peak $921K (59% of equity) ·
ETH Long$-172K
2025-12-04 → 2026-01-30 · 58 days · 1,037 fills · peak $3.18M (197% of equity) ·

All rounds (108 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
SUIShort2025-10-30 → 2026-08-10285536%$116K
ENAShort2025-10-30 → 2026-08-1028517123%$240K
CRVShort2025-11-07 → 2026-08-1027719512%$82K
WShort2025-10-29 → 2026-08-102863709%$240K
AVAXShort2025-10-30 → 2026-08-1028529221%$144K
ATOMShort2025-08-08 → 2026-08-10367~59625%$215K
SEIShort2025-10-30 → 2026-08-1028533724%$247K
PURRLong2025-09-29 → 2026-08-103162,25514%$-158K
DOTShort2025-10-10 → 2026-08-103051,15332%$247K
TRUMPShort2026-03-15 → 2026-08-1014919317%$83K
BTCShort2025-08-24 → 2026-08-10345~9,647526%$1.25M
PUMPLong2025-10-27 → 2026-07-282753,52159%$-285K
XMRLong2026-02-04 → 2026-06-171343,20790%$105K
HYPELong2026-05-14 → 2026-06-133193279%$164K
XRPLong2025-10-07 → 2026-05-052118914%$-116K
HYPELong2026-02-28 → 2026-03-313259676%$317K
ARBLong2025-08-22 → 2026-03-1921080442%$-143K
DOGELong2025-08-27 → 2026-03-1920519741%$-138K
HYPELong2025-07-27 → 2026-02-16204~349,626333%$-555K
ETHLong2025-12-04 → 2026-01-30581,037197%$-172K
MAVIAShort2025-08-09 → 2025-12-0812250512%$81K
ETHShort2025-10-16 → 2025-12-0342~52740%$125K
SNXShort2025-11-07 → 2025-12-01251,56922%$131K
ZECShort2025-11-11 → 2025-11-12213416%$81K
LAUNCHCOINShort2025-09-08 → 2025-10-123556519%$84K
BERAShort2025-08-28 → 2025-10-10446113%$90K
WLDShort2025-09-08 → 2025-10-103386%$82K
ADAShort2025-10-10 → 2025-10-1011$79K
IOShort2025-08-09 → 2025-10-106325913%$78K
ETHLong2025-07-27 → 2025-09-054197,926340%$374K

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)$3.07M
Max drawdown (mark-to-market)$1.01M
Return (÷ true intraday peak exposure)20.3%
Profit vs his peak account equity107.4%
His peak account equity$2.86M
Resilience (P&L ÷ drawdown)3.03
Largest exposure held$15.12M
Open-to-flat rounds119
Spread across78 coins
Fills inside those rounds599,324
Typical round length37.5 days
Same-day in-and-out share9.2%
Taker share1.6%
Fills per day2,368.8
Days active423

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.