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0x40e4…23c5 · Hyperliquid address profile

0x40e494cdd7f6ee95449e06a74b767fb93c3623c5View on Hyperliquid ↗ ·

CopyPosition trader Mark-to-market cumulative profit $587K (perps + spot, since 2025-07-27), ranked #985 site-wide. All-time P&L on the exchange's own record (incl. spot, vaults, staking): $977K.

Three things to check before following him

This address still holds
$527K
perps + spot + vaults + staking; perps account $157K, 8 open positions
Ever liquidated
Yes
68 times · $249K 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 $587K 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$871K$679K

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 ($192K). The hatched band on the left is before our data starts (20250727); the exchange had him at $284K by then — that is why our number differs from other sites.

His account equity

Equity at start
$537K
2025-07-27
Equity now
$527K
2026-11-07
All-time high
$594K
now 89% of peak
P&L over the same span
$587K
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
$587K
Max drawdown
$380K
Profit vs equity
98.8%
vs his peak equity of $594K
Active
469 days

Where the money comes from

92.6%7.4%$587Knet
DOGE$189KSOL$97KHYPE$92KWLD$61KWIF$42KSPX$39KMON$36KETH$36K
minus fees−$38K (6.07%)

Funding is 7.4% 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

Size87Resilience54Maker32Funding82Consistency52Spread62
$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#985 of 7,432 · top 13.2%only 984 made more · 0.19% 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

5.1
Out of every 10 positions, how many ended up green
10.63×
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.

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

DOGE↗ Short$112K
2025-07-27 → 2025-10-10 · 76 days · 1 fills · peak $290K (83% of equity) · —
HYPE Short$82K
2025-07-27 → 2026-03-17 · 234 days · 1,783 fills · peak $291K (177% of equity) · —
SOL Short$61K
2025-07-27 → 2026-01-12 · 170 days · 616 fills · peak $290K (107% of equity) · —

3 worst rounds

BTC Short$-6,084
2025-08-29 → 2025-09-11 · 14 days · 305 fills · peak $109K · —
BTC Short$-5,364
2025-11-27 → 2025-12-28 · 32 days · 1,398 fills · peak $223K (82% of equity) · —
BTC Long$-4,003
2025-08-14 → 2025-08-18 · 5 days · 143 fills · peak $118K (50% of equity) · —

All rounds (54 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
DOGE↗Short2026-09-03 → 2026-11-0766135591%$27K—
BTCShort2026-10-24 → 2026-11-071510550%$11K—
HYPEShort2026-09-21 → 2026-11-074842466%$9,161—
MONShort2025-11-27 → 2026-11-0734644197%$37K—
SOLShort2026-09-18 → 2026-11-07517042%$36K—
XTENShort2026-10-27 → 2026-11-07122194%$2,452—
WLDShort2026-09-27 → 2026-10-293312712%$13K—
DOGE↗Short2026-05-16 → 2026-08-2710417370%$50K—
HYPEShort2025-07-27 → 2026-03-172341,783177%$82K—
SOLShort2025-07-27 → 2026-01-12170616107%$61K—
BTCShort2026-01-01 → 2026-01-03311145%$-3,137—
ETHShort2025-07-27 → 2026-01-031615446%$38K—
BTCShort2025-11-27 → 2025-12-28321,39882%$-5,364—
BTCShort2025-11-12 → 2025-11-261575039%$17K—
BTCLong2025-11-04 → 2025-11-07436957%$-5,057—
BTCLong2025-10-27 → 2025-10-293166—$-3,531—
BTCShort2025-10-15 → 2025-10-1736099%$-6,187—
BTCShort2025-10-10 → 2025-10-11240851%$20K—
SPXShort2025-10-05 → 2025-10-10656—$39K—
WLDShort2025-07-27 → 2025-10-1076121%$48K—
WIFShort2025-07-27 → 2025-10-1076110%$42K—
DOGE↗Short2025-07-27 → 2025-10-1076183%$112K—
BTCLong2025-10-07 → 2025-10-0931,398—$-4,366—
BTCLong2025-10-01 → 2025-10-03324842%$6,871—
BTCShort2025-08-29 → 2025-09-1114305—$-6,084—
BTCLong2025-08-23 → 2025-08-25315222%$-2,510—
BTCLong2025-08-14 → 2025-08-18514350%$-4,003—
AI16ZShort2025-07-27 → 2025-08-1318235%$2,807—
BTCLong2025-08-11 → 2025-08-1338022%$-3,044—
BTCShort2025-07-28 → 2025-08-0483511%$2,131—

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)$587K
Max drawdown (mark-to-market)$380K
Return (÷ true intraday peak exposure)20.5%
Profit vs his peak account equity98.8%
His peak account equity$594K
Resilience (P&L ÷ drawdown)1.54
Largest exposure held$2.87M
Open-to-flat rounds74
Spread across21 coins
Fills inside those rounds13,221
Typical round length5.0 days
Same-day in-and-out share27.0%
Taker share92.6%
Fills per day89.3
Days active469

Similar addresses

0xfce053a5e461683454bf37ad66d20344c0e3f4c0 · 0x9c16bc8f1104e4d2f72267eb981fa12de7cc4a6f · 0xf62edeee17968d4c55d1c74936d2110333342f30 · 0xd7a678fcf72c1b602850ef2f3e2d668ec41fa0ed · 0xac26cf5f3c46b5e102048c65b977d2551b72a9c7 · 0x7de07bb8a43c1953a019906cf2c8287dae478be9

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.