0x4d01…5e1d · Hyperliquid address profile

0x4d019b2a681e88263d5b1e8a1c646ae120175e1dView on Hyperliquid ↗

⚠️ Understand firstDelta-neutral carryQuiet for 288 days Mark-to-market cumulative profit $47K, ranked #4600 site-wide.

Three things to check before following him

This address still holds
$1
perps + spot + vaults + staking; perps account $0, no open positions
Ever liquidated
No
No liquidation on record in this window
Time since last trade
288 days
last fill 2025-12-08

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 $47K 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

$47K$47K

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 ($739). The hatched band on the left is before our data starts (20250810); the exchange had him at $0 by then — that is why our number differs from other sites.

His account equity

Equity at start
$999
2025-08-13
Equity now
$1,621
2025-12-08
All-time high
$88K
now 2% of peak
P&L over the same span
$47K
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
$47K
Max drawdown
$14K
Profit vs equity
53.6%
vs his peak equity of $88K
Active
118 days

Where the money comes from

98.1%1.9%$47Knetminus fees−$174 (0.37%)
XPL$35KFARTCOIN$12KPUMP$3,395HYPE-$2,742BTC-$25SOL-$23ETH-$20

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

Funding is 1.9% 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

Size42Resilience79Maker6Funding60Consistency91Spread33axes = percentile among all (further out = more pronounced, not better)
#4600top 58.4%0.03% 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

Too few trades. Only 900 fills and 7 complete round trips over 118 days. Not enough to read a pattern, so win rate and efficiency are withheld.

Understand this before following him · Delta-neutral carry
He buys spot and shorts the perp on XPL at the same time, hedge ratio 1.00 (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 number

Cumulative P&L (mark-to-market)$47K
Max drawdown (mark-to-market)$14K
Return (÷ true intraday peak exposure)86.3%
Profit vs his peak account equity53.6%
His peak account equity$88K
Resilience (P&L ÷ drawdown)3.37
Largest exposure held$55K
Open-to-flat rounds7
Spread across7 coins
Fills inside those rounds900
Typical round length38.0 days
Same-day in-and-out share0.0%
Taker share100.0%
Fills per day45.0
Days active118

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.