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0x71d0…8c26 · Hyperliquid address profile

0x71d0e11ebb6150cebe20cf62f798be1a50108c26View on Hyperliquid ↗ ·

Not offered yetDelta-neutral carry Mark-to-market cumulative profit $4.50M (perps + spot, since 2026-01-08), ranked #197 site-wide. All-time P&L on the exchange's own record (incl. spot, vaults, staking): $4.28M.

Three things to check before following him

This address still holds
$6.70M
perps + spot + vaults + staking; perps account $6.08M, 128 open positions
Ever liquidated
Yes
52 times · $141K notional
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 $4.50M 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

$4.50M$3.78M

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 ($728K). The hatched band on the left is before our data starts (20260108); the exchange had him at $0 by then — that is why our number differs from other sites.

His account equity

Equity at start
$58
2026-01-14
Equity now
$6.69M
2026-11-07
All-time high
$13.29M
now 50% of peak
P&L over the same span
$4.50M
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
$4.50M
Max drawdown
$785K
Profit vs equity
33.9%
vs his peak equity of $13.29M
Active
271 days

Where the money comes from

95.3%4.7%$4.50Mnet
ZEC$1.16MHYPE$798KPUMP$484KTRUMP-$428KUETH$423KW-$380KCASHCAT$343KBTC$324K
minus fees−$167K (3.57%)

Funding is 4.7% 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

Size97Resilience93Maker89Funding75Consistency30Spread98
$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#197 of 7,432 · top 2.6%only 196 made more · 1.45% 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

6.0
Out of every 10 positions, how many ended up green
0.89×
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 · Market maker
Only 17.6% of his volume takes liquidity; the rest is quoting both sides. He earns the market-making spread, not direction — copying his fills copies the outcome, not the strategy. Following him means quoting both sides too, which is a different system.

Also · Delta-neutral carry
He buys spot and shorts the perp on XPL at the same time, hedge ratio 1.28 (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

NEAR Short$444K
2026-09-19 → 2026-09-26 · 8 days · 22,343 fills · peak $1.70M (14% of equity) · —
ZEC Short$430K
2026-10-24 → 2026-10-30 · 7 days · 5,049 fills · peak $1.68M (17% of equity) · —
SKR Long$135K
2026-08-28 → 2026-09-02 · 6 days · 21,547 fills · peak $281K (2% of equity) · —

3 worst rounds

W Long$-366K
2026-10-12 → 2026-10-19 · 8 days · 6,187 fills · peak $384K (3% of equity) · —
ETH Short$-227K
2026-06-12 → 2026-06-16 · 5 days · 17,353 fills · peak $3.10M (36% of equity) · —
BTC Long$-140K
2026-06-25 → 2026-06-29 · 5 days · 14,690 fills · peak $2.02M (21% of equity) · —

All rounds (2,749 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
ZECShort2026-10-24 → 2026-10-3075,04917%$430K—
NEARLong2026-10-21 → 2026-10-2332,76611%$-195K—
WLong2026-10-12 → 2026-10-1986,1873%$-366K—
STRKShort2026-10-13 → 2026-10-1645,6305%$178K—
ZECShort2026-10-15 → 2026-10-15171915%$-250K—
NEARLong2026-10-14 → 2026-10-1529,7478%$-191K—
NEARLong2026-10-12 → 2026-10-1215,91515%$-140K—
ETHShort2026-10-07 → 2026-10-10460728%$-175K—
PUMPShort2026-10-08 → 2026-10-0925,0471%$174K—
NEARShort2026-10-03 → 2026-10-0536,01625%$167K—
ZECLong2026-09-29 → 2026-09-2912,1452%$137K—
ZECShort2026-09-27 → 2026-09-2821,88710%$173K—
BTCShort2026-09-24 → 2026-09-27485032%$164K—
NEARShort2026-09-19 → 2026-09-26822,34314%$444K—
ZECLong2026-09-21 → 2026-09-2446,25424%$332K—
BTCLong2026-09-20 → 2026-09-2124,52110%$-240K—
BTCShort2026-09-18 → 2026-09-19234424%$-162K—
ETHLong2026-09-11 → 2026-09-13389618%$-219K—
ETHLong2026-09-02 → 2026-09-0431,66530%$206K—
BTCLong2026-09-02 → 2026-09-03243832%$177K—
SKRLong2026-08-28 → 2026-09-02621,5472%$135K—
ETHShort2026-08-31 → 2026-09-01270422%$159K—
TRUMPLong2026-08-27 → 2026-08-2712,6981%$-133K—
XRPShort2026-08-19 → 2026-08-22413,31720%$-227K—
ZECShort2026-08-22 → 2026-08-22117,7684%$197K—
ETHLong2026-08-17 → 2026-08-1931,99619%$169K—
BTCShort2026-06-30 → 2026-07-02316,42264%$-137K—
BTCLong2026-06-25 → 2026-06-29514,69021%$-140K—
ETHShort2026-06-12 → 2026-06-16517,35336%$-227K—
HYPELong2026-06-11 → 2026-06-1227,88519%$168K—

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)$4.50M
Max drawdown (mark-to-market)$785K
Return (÷ true intraday peak exposure)12.1%
Profit vs his peak account equity33.9%
His peak account equity$13.29M
Resilience (P&L ÷ drawdown)5.74
Largest exposure held$37.10M
Open-to-flat rounds2770
Spread across157 coins
Fills inside those rounds4,248,815
Typical round length2.0 days
Same-day in-and-out share0.8%
Taker share17.6%
Fills per day26,227.3
Days active271

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.