0x56c5…8e38 · Hyperliquid address profile

0x56c58ed0c0b9b164653d7aa44fd40632393f8e38View on Hyperliquid ↗

Not offered yetHigh frequency Mark-to-market cumulative profit $2.91M, ranked #278 site-wide.

Three things to check before following him

This address still holds
$104K
perps + spot + vaults + staking; perps account $49K, 1 open positions
Ever liquidated
No
No liquidation on record in this window
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 $2.91M 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$5.30M$5.01M

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 ($281K). The hatched band on the left is before our data starts (20250727); the exchange had him at $2.39M by then — that is why our number differs from other sites.

His account equity

Equity at start
$1.44M
2025-07-27
Equity now
$106K
2026-09-22
All-time high
$1.44M
now 7% of peak
P&L over the same span
$2.91M
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
$2.91M
Max drawdown
$913K
Profit vs equity
123.3%
vs his peak equity of $2.36M
Active
97 days

Where the money comes from

92.2%7.8%$2.91Mnetminus fees−$132K (4.35%)
BTC$1.22METH$990KSUI$261KXRP$152KHYPE$133KWLFI$113KDOGE-$97KZEC$91K

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

Funding is 7.8% 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

Size96Resilience77Maker32Funding78Consistency35Spread71axes = percentile among all (further out = more pronounced, not better)
#278top 3.5%1.68% 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

6.5
Out of every 10 positions, how many ended up green
3.41×
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
325 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

ETH Short$1.12M
2025-08-14 → 2025-10-09 · 34 days · 1,037 fills · peak $4.83M (6454753238% of equity) ·
BTC Short$1.01M
2025-08-14 → 2025-11-23 · 60 days · 4,023 fills · peak $9.37M (1922% of equity) ·
BTC Short$316K
2025-07-27 → 2025-07-31 · 5 days · 338 fills · peak $5.97M (416% of equity) ·

3 worst rounds

DOGE Short$-97K
2025-07-29 → 2025-09-19 · 13 days · 643 fills · peak $1.16M (161% of equity) ·
ASTER Short$1,728
2025-11-18 → 2025-11-24 · 7 days · 49 fills · peak $21K (537% of equity) ·
LINK Short$2,816
2025-09-09 → 2025-09-17 · 9 days · 196 fills · peak $251K (35% of equity) ·

All rounds (32 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
BTCShort2026-09-21 → 2026-09-22228506%$34K
xyz:CLShort2026-04-15 → 2026-04-1626571%$772
xyz:CLLong2026-04-13 → 2026-04-1422921934%$-307
xyz:CLLong2026-04-10 → 2026-04-1127572280%$-5,227
xyz:HOODShort2025-12-10 → 2025-12-11218106%$1,936
xyz:METALong2025-12-10 → 2025-12-11222203%$-490
xyz:NVDAShort2025-12-08 → 2025-12-09236$968
XRPShort2025-08-01 → 2025-11-2636~1,28623472%$152K
BTCLong2025-11-24 → 2025-11-26330799%$16K
HYPEShort2025-11-14 → 2025-11-24114886570%$44K
ASTERShort2025-11-18 → 2025-11-24749537%$1,728
BTCShort2025-08-14 → 2025-11-2360~4,0231922%$1.01M
ZECShort2025-10-29 → 2025-11-174~47818155%$91K
HYPELong2025-11-10 → 2025-11-1231111010%$-5,514
UNIShort2025-11-10 → 2025-11-1123023488%$-12K
SOLShort2025-07-30 → 2025-11-0150~2,478504%$28K
HYPEShort2025-10-29 → 2025-10-3132,313235%$94KUnfold 🔒
ETHLong2025-10-29 → 2025-10-302686953%$-188KUnfold 🔒
METShort2025-10-23 → 2025-10-24263630%$731
ETHShort2025-08-14 → 2025-10-0934~1,0376454753238%$1.12M
DOGEShort2025-07-29 → 2025-09-1913~643161%$-97K
SUIShort2025-09-13 → 2025-09-175553133%$31K
LINKShort2025-09-09 → 2025-09-17919635%$2,816
ARBShort2025-09-08 → 2025-09-14717138%$8,818
WLFIShort2025-09-01 → 2025-09-04419861%$113KUnfold 🔒
BTCLong2025-08-01 → 2025-08-022844788%$-45K
ETHShort2025-07-27 → 2025-08-0161,478967%$127K
BTCShort2025-07-27 → 2025-07-315338416%$316K
SUILong2025-07-29 → 2025-07-3021,547119%$8,845
SUIShort2025-07-27 → 2025-07-28227151%$221K

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)$2.91M
Max drawdown (mark-to-market)$913K
Return (÷ true intraday peak exposure)13.2%
Profit vs his peak account equity123.3%
His peak account equity$2.36M
Resilience (P&L ÷ drawdown)3.18
Largest exposure held$22.04M
Open-to-flat rounds46
Spread across25 coins
Fills inside those rounds23,052
Typical round length3.0 days
Same-day in-and-out share30.4%
Taker share93.6%
Fills per day324.7
Days active97

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.