0x43fa…3a32 · Hyperliquid address profile

0x43fa26c444767ea3b82ad2f998bc995305823a32View on Hyperliquid ↗

⚠️ Understand firstDelta-neutral carry Mark-to-market cumulative profit $41K, ranked #4730 site-wide.

Three things to check before following him

This address still holds
$179K
perps + spot + vaults + staking; perps account $18K, 32 open positions
Ever liquidated
Yes
21 times · $34K 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 $41K 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$55K$24K

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 ($31K). The hatched band on the left is before our data starts (20250728); the exchange had him at $14K by then — that is why our number differs from other sites.

His account equity

Equity at start
$108K
2025-07-28
Equity now
$180K
2026-09-22
All-time high
$180K
now 100% of peak
P&L over the same span
$41K
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
$41K
Max drawdown
$42K
Profit vs equity
23.0%
vs his peak equity of $180K
Active
411 days

Where the money comes from

46.9%53.1%$41Knetminus fees−$1,172 (2.76%)
BTC$14KETH$7,041LIT-$6,858HYPE-$6,274APEX$5,254ASTER-$4,863xyz:SHAZ$4,287JTO$3,910

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

Funding is 53.1% 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

Size40Resilience30Maker81Funding97Consistency38Spread98axes = percentile among all (further out = more pronounced, not better)
#4730top 60.0%0.02% 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

6.0
Out of every 10 positions, how many ended up green
0.94×
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.

Understand this before following him · Delta-neutral carry
He buys spot and shorts the perp on HYPE at the same time, hedge ratio 0.92 (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$15K
2025-09-17 → 2026-02-05 · 142 days · 24 fills · peak $52K (53% of equity) ·
APEX Short$5,254
2025-09-27 → 2026-09-22 · 338 days · 51 fills · peak $4,011 (4% of equity) ·
ETH Long$4,740
2026-06-18 → 2026-09-22 · 97 days · 11 fills · peak $13K (7% of equity) ·

3 worst rounds

LIT Short$-6,858
2026-05-21 → 2026-09-22 · 125 days · 8 fills · peak $8,859 (5% of equity) ·
ZEC Short$-6,171
2026-06-04 → 2026-09-22 · 111 days · 6 fills · peak $8,486 (5% of equity) ·
HYPE Short$-5,569
2025-10-14 → 2026-08-21 · 312 days · 68 fills · peak $22K (24% of equity) ·

All rounds (351 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
flx:XMRShort2026-01-09 → 2026-09-222576415%$2,978
LITShort2026-05-21 → 2026-09-2212585%$-6,858
JTOLong2026-01-28 → 2026-09-222381711%$3,098
NEARShort2025-09-16 → 2026-09-22372256%$-3,242
APEXShort2025-09-27 → 2026-09-22338~514%$5,254
ZECShort2026-06-04 → 2026-09-2211165%$-6,171
ETHLong2026-06-18 → 2026-09-2297117%$4,740
XMRShort2026-02-03 → 2026-09-22232305%$-2,672
XRPLong2025-09-11 → 2026-09-22356~11$-2,354
METShort2025-10-24 → 2026-09-2233455%$2,166
xyz:SILVERShort2026-01-09 → 2026-09-2225710$3,637
LTCShort2025-10-11 → 2026-09-22326~10$3,498
xyz:PURRDATLong2026-08-27 → 2026-09-06113059%$-2,655
xyz:MRVLShort2026-05-06 → 2026-08-241112414%$-2,599
HYPEShort2025-10-14 → 2026-08-213126824%$-5,569
xyz:RKLBShort2026-05-18 → 2026-08-21963513%$4,110
xyz:PURRDATShort2026-08-10 → 2026-08-20115169%$-3,989
xyz:PURRDATShort2026-07-03 → 2026-07-29271849%$2,561
xyz:SHAZShort2026-07-23 → 2026-07-2972536%$3,589
xyz:SKHXLong2026-06-05 → 2026-07-2147969%$2,284
UNIShort2025-10-11 → 2026-06-18221~8$2,747
ETHShort2026-03-16 → 2026-06-1794812%$3,395
xyz:RKLBShort2026-05-08 → 2026-05-1583813%$-2,855
ADALong2025-10-11 → 2026-05-112137$-2,798
ETHLong2025-11-21 → 2026-03-151151215%$-2,089
BTCLong2026-02-06 → 2026-02-07276%$-2,100
BTCShort2025-09-17 → 2026-02-051422453%$15K
ZECShort2025-11-07 → 2025-11-126228%$3,267
DOGEShort2025-09-09 → 2025-10-1032910%$2,073
ASTERShort2025-09-19 → 2025-09-3012708%$-4,551

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)$41K
Max drawdown (mark-to-market)$42K
Return (÷ true intraday peak exposure)12.4%
Profit vs his peak account equity23.0%
His peak account equity$180K
Resilience (P&L ÷ drawdown)0.98
Largest exposure held$334K
Open-to-flat rounds376
Spread across143 coins
Fills inside those rounds11,777
Typical round length11.0 days
Same-day in-and-out share6.6%
Taker share33.0%
Fills per day49.2
Days active411

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.