0x54db…1a04 · Hyperliquid address profile

0x54dbc1fbf6b1cd59807db61109b1d9eb91fd1a04View on Hyperliquid ↗

Not offered yetHigh frequency Mark-to-market cumulative profit $3.46M, ranked #241 site-wide.

Three things to check before following him

This address still holds
$4.61M
perps + spot + vaults + staking; perps account $2.49M, 1 open positions
Ever liquidated
Yes
28 times · $1.84M 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 $3.46M 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$3.46M$3.79M

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 ($-334K). The hatched band on the left is before our data starts (20251115); the exchange had him at $0 by then — that is why our number differs from other sites.

His account equity

Equity at start
$1.93M
2025-11-15
Equity now
$4.61M
2026-09-22
All-time high
$4.61M
now 100% of peak
P&L over the same span
$3.46M
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
$3.46M
Max drawdown
$1.32M
Profit vs equity
74.9%
vs his peak equity of $4.61M
Active
298 days

Where the money comes from

$3.46Mnetminus fees−$386K (9.73%)
HYPE$3.76MBTC-$233KSOL-$46KMON$15KETH-$15Kxyz:GOLD-$14Kxyz:XYZ10-$7,202PURR-$6,220

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

Funding is -3.3% 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

Size97Resilience69Maker16Funding31Consistency18Spread49axes = percentile among all (further out = more pronounced, not better)
#241top 3.0%2.00% 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

4.3
Out of every 10 positions, how many ended up green
4.50×
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.

Why copy trading is not open yet · High frequency
1,921 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.

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

HYPE Long$4.39M
2026-01-07 → 2026-09-22 · 258 days · 219,071 fills · peak $6.19M (140% of equity) ·
BTC Short$224K
2025-11-27 → 2025-12-03 · 7 days · 7,024 fills · peak $5.48M (303% of equity) ·
PURR Long$-730
2026-02-16 → 2026-02-22 · 7 days · 724 fills · peak $14K (3% of equity) ·

3 worst rounds

HYPE Long$-491K
2025-12-10 → 2025-12-23 · 14 days · 85,122 fills · peak $3.85M (314% of equity) ·
HYPE Long$-195K
2025-11-17 → 2025-11-23 · 7 days · 28,052 fills · peak $2.01M (111% of equity) ·
HYPE Long$-120K
2025-12-02 → 2025-12-08 · 7 days · 16,535 fills · peak $1.39M (72% of equity) ·

All rounds (33 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
HYPELong2026-01-07 → 2026-09-22258~219,071140%$4.39M
BTCLong2026-02-24 → 2026-03-18231,58425%$-2,707
PURRLong2026-03-09 → 2026-03-1138834%$1,475
xyz:GOLDShort2026-03-06 → 2026-03-08337225%$-628
PURRLong2026-02-28 → 2026-03-0236214%$1,050
km:USOILLong2026-02-28 → 2026-03-0126184%$345
PURRLong2026-02-24 → 2026-02-2638475%$-522
xyz:XYZ100Short2026-02-25 → 2026-02-2621,0697%$-1,741
xyz:XYZ100Short2026-02-16 → 2026-02-23810,714153%$-2,131
BTCLong2026-02-11 → 2026-02-22121,5524%$-2,495
PURRLong2026-02-16 → 2026-02-2277243%$-730
PURRLong2026-02-09 → 2026-02-1352,0955%$-2,657
xyz:GOLDShort2026-02-06 → 2026-02-09425120%$-6,291
BTCLong2026-02-04 → 2026-02-0632338%$-2,703
PURRLong2026-01-07 → 2026-02-0419~4,11815%$-4,218
HYPELong2025-12-10 → 2025-12-231485,122314%$-491K
ETHLong2025-12-10 → 2025-12-11292227%$-15K
BTCLong2025-12-09 → 2025-12-1022,734478%$-345K
SOLShort2025-12-08 → 2025-12-09245627%$8,000
BTCShort2025-12-06 → 2025-12-0833,915230%$36K
HYPELong2025-12-02 → 2025-12-08716,53572%$-120K
ETHShort2025-12-06 → 2025-12-07217227%$566
BTCShort2025-11-27 → 2025-12-0377,024303%$224K
MONLong2025-11-30 → 2025-12-0122,2816%$-28K
HYPEShort2025-11-27 → 2025-11-30423,03044%$17K
SOLShort2025-11-25 → 2025-11-2952,00666%$-54K
ETHShort2025-11-27 → 2025-11-28282786%$990
HYPELong2025-11-25 → 2025-11-2622,79547%$47K
HYPELong2025-11-17 → 2025-11-23728,052111%$-195K
HYPEShort2025-11-15 → 2025-11-1626,84752%$11K

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)$3.46M
Max drawdown (mark-to-market)$1.32M
Return (÷ true intraday peak exposure)29.8%
Profit vs his peak account equity74.9%
His peak account equity$4.61M
Resilience (P&L ÷ drawdown)2.63
Largest exposure held$11.58M
Open-to-flat rounds135
Spread across13 coins
Fills inside those rounds463,035
Typical round length3.0 days
Same-day in-and-out share75.6%
Taker share99.5%
Fills per day1,921.3
Days active298

Similar addresses

0x5b5d51203a0f9079f8aeb098a6523a13f298c060 · 0x2ea18c23f72a4b6172c55b411823cdc5335923f4 · 0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1 · 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41 · 0x418aa6bf98a2b2bc93779f810330d88cde488888 · 0x15a4f009bb324a3fb9e36137136b201e3fe0dfdb

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.