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0x5251…a3dd · Hyperliquid address profile

0x52516d3ee158365393598028055769354d45a3ddView on Hyperliquid ↗ ·

⚠️ Understand firstDelta-neutral carry Mark-to-market cumulative profit $113K (perps + spot, since 2026-01-29), ranked #2977 site-wide. All-time P&L on the exchange's own record (incl. spot, vaults, staking): $123K.

Three things to check before following him

This address still holds
$0
This address holds nothing on Hyperliquid
Ever liquidated
No
No liquidation on record in this window
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 $113K 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

$113K$116K

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 ($-3,637). The hatched band on the left is before our data starts (20260129); the exchange had him at $0 by then — that is why our number differs from other sites.

His account equity

Equity at start
$85K
2026-02-04
Equity now
$0
2026-11-02
All-time high
$179K
now 0% of peak
P&L over the same span
$113K
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
$113K
Max drawdown
$27K
Profit vs equity
63.0%
vs his peak equity of $179K
Active
283 days

Where the money comes from

$113Knet
ZEC$69KTAO$29KHYPE$6,787SOL$6,436NEAR$3,844flx:COPPE-$3,607LIT$1,019RUNE-$799
minus fees−$2,067 (1.78%)

Funding is -1.1% 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.

What kind of trader

Size60Resilience87Maker58Funding46Consistency58Spread45
$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#2,977 of 7,432 · top 40.0%only 2,976 made more · 0.04% 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

7.6
Out of every 10 positions, how many ended up green
2.40×
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 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 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

ZEC Long$33K
2026-03-05 → 2026-03-16 · 12 days · 269 fills · peak $127K (117% of equity) · —
ZEC Long$24K
2026-03-27 → 2026-04-07 · 12 days · 202 fills · peak $141K (87% of equity) · —
TAO↗ Long$13K
2026-05-27 → 2026-06-14 · 19 days · 198 fills · peak $146K (141% of equity) · —

3 worst rounds

TAO↗ Long$-4,580
2026-07-08 → 2026-08-07 · 31 days · 311 fills · peak $84K (179% of equity) · —
RUNE Long$-4,184
2026-05-15 → 2026-05-26 · 12 days · 78 fills · peak $27K (15% of equity) · —
flx:COPPER Long$-3,607
2026-01-30 → 2026-02-06 · 8 days · 475 fills · peak $33K · —

All rounds (23 rounds)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
TAO↗Long2026-07-08 → 2026-08-0731311179%$-4,580—
NEARLong2026-07-22 → 2026-08-06167740%$-1,899—
JTOLong2026-07-16 → 2026-07-2058542%$246—
NEARLong2026-07-13 → 2026-07-1423756%$1,193—
TAO↗Long2026-07-01 → 2026-07-02235100%$2,844—
SOLLong2026-06-04 → 2026-06-29268079%$7,684—
TAO↗Long2026-05-27 → 2026-06-1419198141%$13K—
HYPEShort2026-05-27 → 2026-06-10151518%$2,824—
RUNELong2026-05-15 → 2026-05-26127815%$-4,184—
ASTERLong2026-05-21 → 2026-05-2552611%$296—
HYPEShort2026-05-15 → 2026-05-1621612%$2,214—
RUNELong2026-04-27 → 2026-05-091311819%$3,384—
HYPEShort2026-04-19 → 2026-04-20255%$75—
TAO↗Long2026-04-14 → 2026-04-1744450%$5,331—
ZECLong2026-03-27 → 2026-04-071220287%$24K—
NEARLong2026-03-04 → 2026-04-073514415%$-1,053—
SOLLong2026-04-01 → 2026-04-0773525%$-1,826—
ZECLong2026-03-05 → 2026-03-1612269117%$33K—
TAO↗Long2026-02-12 → 2026-03-1128306106%$11K—
NEARLong2026-02-04 → 2026-03-032816057%$5,603—
HYPEShort2026-02-04 → 2026-02-1076120%$1,678—
flx:COPPERLong2026-01-30 → 2026-02-068475—$-3,607—
xyz:COPPERLong2026-01-29 → 2026-02-05848—$-240—

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)$113K
Max drawdown (mark-to-market)$27K
Return (÷ true intraday peak exposure)44.4%
Profit vs his peak account equity63.0%
His peak account equity$179K
Resilience (P&L ÷ drawdown)4.10
Largest exposure held$254K
Open-to-flat rounds37
Spread across12 coins
Fills inside those rounds3,616
Typical round length12.0 days
Same-day in-and-out share37.8%
Taker share64.1%
Fills per day53.2
Days active283

Similar addresses

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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.