0xa3f9…ba8e · Hyperliquid address profile

0xa3f9bb20d0837cbdf102c76ea2454b2484b1ba8eView on Hyperliquid ↗

⚠️ Understand firstDelta-neutral carry Mark-to-market cumulative profit $48K, ranked #4596 site-wide.

Three things to check before following him

This address still holds
$38K
perps + spot + vaults + staking; perps account $14K, 25 open positions
Ever liquidated
Yes
196 times · $230K notional
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 $48K 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-$274K-$285K

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 ($11K). The hatched band on the left is before our data starts (20250727); the exchange had him at $-322K by then — that is why our number differs from other sites.

His account equity

Equity at start
$37K
2025-07-27
Equity now
$40K
2026-09-23
All-time high
$129K
now 31% of peak
P&L over the same span
$48K
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
$48K
Max drawdown
$136K
Profit vs equity
3.7%
vs his peak equity of $1.28M
Active
424 days

Where the money comes from

98.6%1.4%$48Knetminus fees−$7,910 (14.26%)
ZEC-$56KBTC$27KkPEPE-$16KXPL$15KBNB$14KSUI$12KGRASS$11KSOL$11K

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

Funding is 1.4% 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

Size42Resilience10Maker70Funding59Consistency10Spread92axes = percentile among all (further out = more pronounced, not better)
#4596top 58.1%0.02% 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

6.0
Out of every 10 positions, how many ended up green
0.78×
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 SOL at the same time, hedge ratio 1.13 (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

HYPE Long$21K
2025-08-01 → 2025-09-07 · 38 days · 477 fills · peak $213K (266% of equity) ·
HYPE Short$20K
2025-09-08 → 2025-09-21 · 14 days · 332 fills · peak $209K (354% of equity) ·
BTC Short$12K
2025-10-26 → 2025-11-03 · 9 days · 125 fills · peak $160K ·

3 worst rounds

ZEC Long$-43K
2025-11-07 → 2025-11-13 · 7 days · 143 fills · peak $34K (59% of equity) ·
HYPE Short$-42K
2026-02-28 → 2026-05-20 · 82 days · 435 fills · peak $82K ·
kPEPE Long$-26K
2025-07-28 → 2025-11-16 · 112 days · 461 fills · peak $67K (52% of equity) ·

All rounds (238 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
HYPEShort2026-08-20 → 2026-09-233517397%$-9,969
LITShort2026-08-07 → 2026-09-234818726%$-7,020
BTCLong2026-06-03 → 2026-08-2079105$8,452
HYPEShort2026-06-15 → 2026-06-24106090%$5,960
BTCLong2026-01-19 → 2026-06-0124~199157%$-14K
HYPEShort2026-05-24 → 2026-05-285192177%$5,593
HYPELong2026-05-21 → 2026-05-233230456%$6,160
HYPEShort2026-02-28 → 2026-05-2082435$-42K
HYPELong2025-11-30 → 2026-01-2759113253%$-15K
GRASSShort2025-09-14 → 2026-01-1970~9310%$9,871
BNBShort2025-10-23 → 2025-12-014010736%$7,562
BTCShort2025-11-21 → 2025-11-277138$-5,339
HYPELong2025-11-19 → 2025-11-257187221%$-12K
kPEPELong2025-07-28 → 2025-11-1611246152%$-26K
BTCShort2025-11-13 → 2025-11-13118202%$-5,440
ZECLong2025-11-07 → 2025-11-13714359%$-43K
XPLShort2025-09-25 → 2025-11-0837~13834%$12K
HYPEShort2025-10-30 → 2025-11-079120143%$12K
ZECShort2025-11-01 → 2025-11-0666474%$-14K
BTCShort2025-10-26 → 2025-11-039125$12K
HYPELong2025-09-22 → 2025-10-29382,101$8,998
BTCLong2025-10-16 → 2025-10-251046165%$8,253
SUILong2025-10-10 → 2025-10-23144$10K
BTCShort2025-10-11 → 2025-10-15533$4,872
BNBLong2025-10-10 → 2025-10-112532%$7,363
LAUNCHCOINShort2025-09-08 → 2025-10-1029~567%$8,828
BTCLong2025-10-10 → 2025-10-1011246%$20K
BTCShort2025-09-23 → 2025-09-27571163%$5,426
HYPEShort2025-09-08 → 2025-09-2114332354%$20K
HYPELong2025-08-01 → 2025-09-0738477266%$21K

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)$48K
Max drawdown (mark-to-market)$136K
Return (÷ true intraday peak exposure)5.5%
Profit vs his peak account equity3.7%
His peak account equity$1.28M
Resilience (P&L ÷ drawdown)0.35
Largest exposure held$859K
Open-to-flat rounds242
Spread across63 coins
Fills inside those rounds15,516
Typical round length15.5 days
Same-day in-and-out share1.7%
Taker share49.8%
Fills per day39.5
Days active424

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.