0xa4ad…4509 · Hyperliquid address profile

0xa4add8273d7f47318675bdfbcce3e9648cdb4509View on Hyperliquid ↗

Not offered yetMarket makerQuiet for 16 days Mark-to-market cumulative profit $1.14M, ranked #557 site-wide.

Three things to check before following him

This address still holds
$0
This address holds nothing on Hyperliquid
Ever liquidated
No
No liquidation on record in this window
Time since last trade
16 days
last fill 2026-09-06

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 $1.14M 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$2.78M$3.14M

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 ($-355K). The hatched band on the left is before our data starts (20250727); the exchange had him at $1.64M by then — that is why our number differs from other sites.

His account equity

Equity at start
$1.42M
2025-07-27
Equity now
$2.32M
2026-09-06
All-time high
$4.84M
now 48% of peak
P&L over the same span
$1.14M
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
$1.14M
Max drawdown
$1.91M
Profit vs equity
23.7%
vs his peak equity of $4.84M
Active
327 days

Where the money comes from

$1.14Mnetminus fees−$54K (3.60%)
ZEC-$1.79MENA$795KBTC$718KHYPE$545Kxyz:SKHX$180Kxyz:DRAM$150KAAVE$115KSOL$92K

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

Funding is -24.9% 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

Size93Resilience17Maker86Funding8Consistency56Spread64axes = percentile among all (further out = more pronounced, not better)
#557top 7.1%0.66% 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

8.5
Out of every 10 positions, how many ended up green
0.25×
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 23.9% 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.

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

ENA Long$742K
2025-08-15 → 2025-08-31 · 16 days · 10,103 fills · peak $14.68M (403% of equity) ·
BTC Long$440K
2025-08-19 → 2026-06-25 · 20 days · 2,022 fills · peak $36.44M (753% of equity) ·
ETH Long$363K
2025-07-28 → 2025-08-17 · 16 days · 2,180 fills · peak $10.74M (371% of equity) ·

3 worst rounds

ZEC Short$-1.91M
2026-08-21 → 2026-09-06 · 17 days · 2,133 fills · peak $4.37M (146% of equity) ·
ETH Long$-446K
2025-08-25 → 2026-02-05 · 26 days · 2,581 fills · peak $6.52M (135% of equity) ·
xyz:TSLA Long$2,886
2026-07-23 → 2026-07-31 · 9 days · 449 fills · peak $502K (22% of equity) ·

All rounds (40 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
ZECShort2026-08-21 → 2026-09-06172,133146%$-1.91M
HYPELong2026-06-10 → 2026-08-1953~1,41176%$119K
SOLLong2026-05-18 → 2026-08-19941,342155%$93K
xyz:DRAMLong2026-08-07 → 2026-08-12618117%$16K
xyz:NBISLong2026-08-07 → 2026-08-1157113%$15K
xyz:SPCXLong2026-07-07 → 2026-08-08331,270151%$17K
xyz:SKHYLong2026-07-16 → 2026-07-3010~54730%$21K
xyz:SNDKLong2026-07-02 → 2026-07-2817~2,22767%$67K
xyz:DRAMLong2026-07-15 → 2026-07-21746431%$20K
xyz:MULong2026-07-15 → 2026-07-17329123%$25K
xyz:SKHXLong2026-07-01 → 2026-07-148~2,05487%$106K
xyz:DRAMLong2026-07-01 → 2026-07-09952167%$76K
xyz:NBISLong2026-07-01 → 2026-07-085~1,31663%$27K
ZECLong2026-05-28 → 2026-06-2911~70732%$117K
BTCLong2025-08-19 → 2026-06-2520~2,022753%$440K
AAVELong2026-05-22 → 2026-05-2651,010160%$21K
HYPELong2026-05-11 → 2026-05-144383167%$43K
AAVELong2025-07-31 → 2026-05-1029~3,483175%$84K
SOLShort2026-05-08 → 2026-05-10323856%$-19K
SOLLong2026-01-31 → 2026-05-0513~911106%$19K
ETHLong2025-08-25 → 2026-02-0526~2,581135%$-446K
HYPELong2026-01-21 → 2026-01-266507%$13K
FARTCOINLong2026-01-07 → 2026-01-082662196%$-119K
FARTCOINShort2025-08-12 → 2026-01-051472,5370%$108K
HYPELong2025-12-13 → 2026-01-0423533146%$37K
HYPELong2025-07-27 → 2025-09-2523~5,088147%$333K
ENALong2025-08-15 → 2025-08-3116~10,103403%$742K
ETHLong2025-07-28 → 2025-08-1716~2,180371%$363K
FARTCOINLong2025-07-28 → 2025-08-11152,276334%$47K
BTCLong2025-07-28 → 2025-08-10141,050303%$160K

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)$1.14M
Max drawdown (mark-to-market)$1.91M
Return (÷ true intraday peak exposure)2.4%
Profit vs his peak account equity23.7%
His peak account equity$4.84M
Resilience (P&L ÷ drawdown)0.60
Largest exposure held$48.56M
Open-to-flat rounds74
Spread across20 coins
Fills inside those rounds60,391
Typical round length8.5 days
Same-day in-and-out share45.9%
Taker share23.9%
Fills per day399.9
Days active327

Similar addresses

0x082e843a431aef031264dc232693dd710aedca88 · 0x5d2f4460ac3514ada79f5d9838916e508ab39bb7 · 0x7717a7a245d9f950e586822b8c9b46863ed7bd7e · 0xe86b057f5eb764c9738d6b0d38170befd0723664 · 0x123dbca6a27005a3c4ce10cb66ee8ece8fc13bff · 0x4e23288cee4960f9f962195c22948e4bc7ae20c3

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.