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0x56c5…8e38 · Hyperliquid address profile

0x56c58ed0c0b9b164653d7aa44fd40632393f8e38View on Hyperliquid ↗ ·

Not offered yetHigh frequency Mark-to-market cumulative profit $3.03M (perps + spot, since 2025-07-27), ranked #282 site-wide. All-time P&L on the exchange's own record (incl. spot, vaults, staking): $4.49M.

Three things to check before following him

This address still holds
$8,060
perps + spot + vaults + staking; perps account $0, no open positions
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 $3.03M 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

compressedour ledger starts here$4.91M$4.51M

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 ($402K). The hatched band on the left is before our data starts (20250727); the exchange had him at $1.88M by then — that is why our number differs from other sites.

His account equity

Equity at start
$1.44M
2025-07-27
Equity now
$8,060
2026-11-07
All-time high
$1.44M
now 1% of peak
P&L over the same span
$3.03M
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
$3.03M
Max drawdown
$913K
Profit vs equity
128.7%
vs his peak equity of $2.36M
Active
446 days

Where the money comes from

93.7%6.3%$3.03Mnet
BTC$1.20METH$990KSUI$261KXRP$193KHYPE$133KWLFI$113KZEC$91KSOL$62K
minus fees−$133K (4.20%)

Funding is 6.3% 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

Size96Resilience81Maker31Funding79Consistency71Spread68
$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#282 of 7,432 · top 3.8%only 281 made more · 0.98% 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

7.2
Out of every 10 positions, how many ended up green
1.51×
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
316 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 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

ETH Short$538K
2025-08-14 → 2025-08-19 · 6 days · 205 fills · peak $4.55M (6102481060% of equity) · Unfold
BTC Short$381K
2025-11-14 → 2025-11-23 · 10 days · 391 fills · peak $4.73M (122943% of equity) · —
SOL Short$328K
2025-09-17 → 2025-09-25 · 9 days · 638 fills · peak $2.01M (660% of equity) · Unfold

3 worst rounds

SOL Short$-305K
2025-08-24 → 2025-09-13 · 21 days · 270 fills · peak $2.29M (318% of equity) · Unfold
DOGE Short$-117K
2025-09-08 → 2025-09-14 · 7 days · 225 fills · peak $1.16M (161% of equity) · Unfold
SOL Short$-104K
2025-09-30 → 2025-10-09 · 10 days · 407 fills · peak $2.46M (504% of equity) · Unfold

All rounds (53 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
XRPShort2025-11-14 → 2025-11-261344823472%$67KUnfold
HYPEShort2025-11-14 → 2025-11-24114886570%$44K—
BTCShort2025-11-14 → 2025-11-2310391122943%$381K—
ZECShort2025-11-16 → 2025-11-17234218155%$81KUnfold
SOLShort2025-10-28 → 2025-11-015347—$30K—
BTCShort2025-10-27 → 2025-10-315853—$200KUnfold
HYPEShort2025-10-29 → 2025-10-3132,313235%$94KUnfold
ETHLong2025-10-29 → 2025-10-302686953%$-188KUnfold
SOLShort2025-09-30 → 2025-10-0910407504%$-104KUnfold
BTCShort2025-10-03 → 2025-10-0979411922%$243KUnfold
ETHShort2025-10-01 → 2025-10-099519463%$96KUnfold
SOLShort2025-09-17 → 2025-09-259638660%$328KUnfold
XRPShort2025-09-13 → 2025-09-241223565%$36K—
BTCShort2025-08-24 → 2025-09-2432635812%$-100K—
ETHShort2025-09-13 → 2025-09-231189324%$246KUnfold
SUIShort2025-09-13 → 2025-09-175553133%$31K—
DOGEShort2025-09-08 → 2025-09-147225161%$-117KUnfold
SOLShort2025-08-24 → 2025-09-1321270318%$-305KUnfold
WLFIShort2025-09-01 → 2025-09-04419861%$113KUnfold
ETHShort2025-08-26 → 2025-08-2941053696178551%$62KUnfold
ETHShort2025-08-22 → 2025-08-2541196454753238%$181KUnfold
ETHShort2025-08-14 → 2025-08-1962056102481060%$538KUnfold
BTCShort2025-08-14 → 2025-08-1961,2037937836792%$290KUnfold
BTCLong2025-08-01 → 2025-08-022844788%$-45K—
ETHShort2025-07-27 → 2025-08-0161,478967%$127K—
SOLShort2025-07-27 → 2025-08-016477123%$94K—
XRPShort2025-07-27 → 2025-08-01617545%$45K—
BTCShort2025-07-27 → 2025-07-315338416%$316K—
DOGEShort2025-07-27 → 2025-07-2936942%$39K—
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.

Every number

Cumulative P&L (mark-to-market)$3.03M
Max drawdown (mark-to-market)$913K
Return (÷ true intraday peak exposure)12.5%
Profit vs his peak account equity128.7%
His peak account equity$2.36M
Resilience (P&L ÷ drawdown)3.32
Largest exposure held$24.23M
Open-to-flat rounds67
Spread across25 coins
Fills inside those rounds23,096
Typical round length4.0 days
Same-day in-and-out share20.9%
Taker share93.5%
Fills per day316.4
Days active446

Similar addresses

0x5b5d51203a0f9079f8aeb098a6523a13f298c060 · 0x2ea18c23f72a4b6172c55b411823cdc5335923f4 · 0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1 · 0x45d26f28196d226497130c4bac709d808fed4029 · 0x418aa6bf98a2b2bc93779f810330d88cde488888 · 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41

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.