0x5af1…1a1a · Hyperliquid address profile

0x5af1de25e6a967a8bacdd7ee9e681474d72c1a1aView on Hyperliquid ↗

⚠️ Understand firstDelta-neutral carry Mark-to-market cumulative profit $155K, ranked #2602 site-wide.

Three things to check before following him

This address still holds
$69K
perps + spot + vaults + staking; perps account $36K, 5 open positions
Ever liquidated
No
No liquidation on record in this window
Time since last trade
Traded today
last fill 2026-09-23

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 $155K 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$104K$30K

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 ($74K). The hatched band on the left is before our data starts (20250728); the exchange had him at $-51K by then — that is why our number differs from other sites.

His account equity

Equity at start
$65K
2025-07-28
Equity now
$67K
2026-09-23
All-time high
$78K
now 86% of peak
P&L over the same span
$155K
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
$155K
Max drawdown
$95K
Profit vs equity
178.8%
vs his peak equity of $87K
Active
423 days

Where the money comes from

78.2%21.8%$155Knetminus fees−$3,378 (2.14%)
ETH$48KSUI$37KHYPE-$30KLINK$24KADA$24KAAVE$21KWLD$21KAPT-$13K

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

Funding is 21.8% 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

Size67Resilience50Maker94Funding91Consistency30Spread71axes = percentile among all (further out = more pronounced, not better)
#2602top 32.9%0.08% 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

5.8
Out of every 10 positions, how many ended up green
1.93×
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 0.88 (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 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

SUI Short$37K
2025-09-06 → 2026-02-05 · 99 days · 136 fills · peak $54K (102% of equity) ·
ETH Short$28K
2026-05-05 → 2026-08-04 · 74 days · 252 fills · peak $138K (276% of equity) ·
LINK Short$24K
2025-09-08 → 2026-05-16 · 239 days · 112 fills · peak $47K (91% of equity) ·

3 worst rounds

HYPE Short$-22K
2025-12-21 → 2026-09-23 · 277 days · 215 fills · peak $45K ·
APT Long$-11K
2025-10-08 → 2026-05-24 · 158 days · 276 fills · peak $44K (69% of equity) ·
BTC Long$-7,364
2026-01-08 → 2026-08-26 · 226 days · 683 fills · peak $313K (457% of equity) ·

All rounds (69 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
AAVEShort2026-07-10 → 2026-09-2347~9237%$2,712
HYPEShort2025-12-21 → 2026-09-23277215$-22K
ETHShort2026-08-08 → 2026-09-2347260282%$-3,971
BTCShort2026-09-18 → 2026-09-23613112%$5,720
BTCLong2026-09-15 → 2026-09-1734462%$-1,715
BTCLong2026-01-08 → 2026-08-26226~683457%$-7,364
ETHShort2026-05-05 → 2026-08-0474~252276%$28K
APTLong2025-10-08 → 2026-05-24158~27669%$-11K
LINKShort2025-09-08 → 2026-05-16239~11291%$24K
AAVEShort2025-10-12 → 2026-05-15211~11389%$17K
ETHShort2025-11-17 → 2026-05-03168233433%$7,727
ADAShort2025-09-06 → 2026-02-1787~14983%$24K
SUIShort2025-09-06 → 2026-02-0599~136102%$37K
UNIShort2025-12-21 → 2026-01-31421940%$9,106
BTCShort2025-11-06 → 2025-12-184~13131%$1,749
HYPEShort2025-11-19 → 2025-11-202195170%$-6,426
HYPELong2025-11-18 → 2025-11-18147171%$-4,663
WLDShort2025-11-08 → 2025-11-167~4665%$2,056
ETHLong2025-11-13 → 2025-11-15396287%$-10K
ETHShort2025-11-05 → 2025-11-116~118138%$-4,806
ETHLong2025-11-04 → 2025-11-04123$10K
ETHShort2025-07-28 → 2025-11-0394~624774%$23K
WLDShort2025-09-07 → 2025-11-0254~120$19K
AVAXShort2025-09-13 → 2025-11-0212~2233%$2,035
HYPELong2025-10-11 → 2025-10-2311~3329%$2,275
BTCLong2025-10-16 → 2025-10-237~1885%$2,132
HBARShort2025-09-24 → 2025-10-10171152%$6,095
SOLShort2025-08-02 → 2025-10-107091175%$-3,773
APTShort2025-08-02 → 2025-10-056512638%$-1,934
BTCShort2025-07-29 → 2025-09-225646304%$7,819

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)$155K
Max drawdown (mark-to-market)$95K
Return (÷ true intraday peak exposure)27.5%
Profit vs his peak account equity178.8%
His peak account equity$87K
Resilience (P&L ÷ drawdown)1.62
Largest exposure held$564K
Open-to-flat rounds76
Spread across25 coins
Fills inside those rounds4,943
Typical round length6.0 days
Same-day in-and-out share9.2%
Taker share9.1%
Fills per day17.1
Days active423

Similar addresses

0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00 · 0x880ac484a1743862989a441d6d867238c7aa311c · 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36 · 0x7fdafde5cfb5465924316eced2d3715494c517d1 · 0xd47587702a91731dc1089b5db0932cf820151a91 · 0xa312114b5795dff9b8db50474dd57701aa78ad1e

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.