This address still holds
$568K
perps + spot + vaults + staking; perps account $0, no open positions
0x3938a7d74f692a8a662fb17d6081e3a494de22e6View on Hyperliquid ↗ ·
Not offered yetHigh frequency Mark-to-market cumulative profit $2.45M (perps + spot, since 2025-07-29), ranked #323 site-wide. All-time P&L on the exchange's own record (incl. spot, vaults, staking): $3.54M.
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 $2.45M of profit can be sitting on an empty account, and the P&L figure alone will never tell you.
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 ($2.34M). The hatched band on the left is before our data starts (20250729); the exchange had him at $2.04M by then — that is why our number differs from other sites.
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.
Funding is -0.1% 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.
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 7,590 profitable addresses (log scale); the line is him — everyone to the right made more.
His positions rarely go flat. In 451 days he fully closed out only 5 times; the rest of the time he was adjusting an open position — 1,709 fills in that span.
This is not missing data — there are no rounds to count. A win rate needs discrete trades you can score one by one, and his position never closes. So we show how much profit each dollar of volume produced instead. (Leverage inflates this number.)
Why copy trading is not open yet · High frequency
214 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.
His positions rarely go fully flat, so there is no "every round" table above — a round-trip win rate would not mean anything for him. But 1 of his positions did open and close cleanly, and those can be unfolded fill by fill:
| Cumulative P&L (mark-to-market) | $2.45M |
| Max drawdown (mark-to-market) | $1.42M |
| Return (÷ true intraday peak exposure) | 237.7% |
| Profit vs his peak account equity | 64.5% |
| His peak account equity | $3.79M |
| Resilience (P&L ÷ drawdown) | 1.72 |
| Largest exposure held | $1.03M |
| Open-to-flat rounds | 5 |
| Spread across | 3 coins |
| Fills inside those rounds | 1,709 |
| Typical round length | 11.5 days |
| Same-day in-and-out share | 60.0% |
| Taker share | 80.8% |
| Fills per day | 213.6 |
| Days active | 451 |
0x5b5d51203a0f9079f8aeb098a6523a13f298c060 · 0x2ea18c23f72a4b6172c55b411823cdc5335923f4 · 0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1 · 0x45d26f28196d226497130c4bac709d808fed4029 · 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41 · 0x418aa6bf98a2b2bc93779f810330d88cde488888
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.