0xadc9…562f · Hyperliquid address profile

0xadc9cf23f55c6221a05a8150e5768d7c3289562fView on Hyperliquid ↗

Not offered yetMarket maker Mark-to-market cumulative profit $1.97M, ranked #367 site-wide.

Three things to check before following him

This address still holds
$189K
perps + spot + vaults + staking; perps account $187K, 1 open positions
Ever liquidated
No
No liquidation on record in this window
Time since last trade
Traded today
last fill 2026-09-22

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 $1.97M 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

$1.97M$1.39M

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 ($581K). The hatched band on the left is before our data starts (20250813); the exchange had him at $0 by then — that is why our number differs from other sites.

His account equity

Equity at start
$52K
2025-08-13
Equity now
$186K
2026-09-22
All-time high
$1.60M
now 12% of peak
P&L over the same span
$1.97M
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
$1.97M
Max drawdown
$387K
Profit vs equity
123.1%
vs his peak equity of $1.60M
Active
406 days

Where the money comes from

95.7%4.3%$1.97Mnetminus fees−$516K (35.54%)
BTC$1.97M

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

Funding is 4.3% 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

Size95Resilience90Maker100Funding65Consistency10Spread4axes = percentile among all (further out = more pronounced, not better)
#367top 4.6%1.14% 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

5.6
Out of every 10 positions, how many ended up green
1.39×
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 0.0% 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

BTC Short$1.07M
2026-01-30 → 2026-02-05 · 7 days · 25,844 fills · peak $4.50M (282% of equity) ·
BTC Short$396K
2026-05-30 → 2026-06-20 · 22 days · 39,682 fills · peak $3.49M (343% of equity) ·
BTC Short$208K
2025-11-29 → 2025-12-05 · 7 days · 21,796 fills · peak $4.45M (333% of equity) ·

3 worst rounds

BTC Short$-343K
2025-11-21 → 2025-11-27 · 7 days · 24,578 fills · peak $4.51M (468% of equity) ·
BTC Short$-197K
2025-12-25 → 2026-01-05 · 12 days · 18,940 fills · peak $4.57M (399% of equity) ·
BTC Short$-94K
2025-09-23 → 2025-10-02 · 10 days · 20,464 fills · peak $1.93M (434% of equity) ·

All rounds (117 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
BTCLong2026-08-21 → 2026-08-2111,43595%$-166K
BTCShort2026-08-05 → 2026-08-20164,185283%$-85K
BTCShort2026-06-22 → 2026-06-2658,185306%$110K
BTCShort2026-05-30 → 2026-06-202239,682343%$396K
BTCShort2026-05-25 → 2026-05-2843,979132%$101K
BTCShort2026-04-18 → 2026-04-301317,970284%$68K
BTCShort2026-03-30 → 2026-04-131534,942392%$-74K
BTCLong2026-03-09 → 2026-03-0912,423154%$-77K
BTCShort2026-03-05 → 2026-03-0847,944370%$184K
BTCLong2026-03-04 → 2026-03-0413,340136%$-183K
BTCLong2026-02-24 → 2026-02-2526,340180%$-173K
BTCLong2026-02-09 → 2026-02-0912,69893%$113K
BTCLong2026-02-06 → 2026-02-0725,01681%$-347K
BTCShort2026-01-30 → 2026-02-05725,844282%$1.07M
BTCLong2026-01-29 → 2026-01-2913,78428%$152K
BTCShort2026-01-08 → 2026-01-1036,861145%$-84K
BTCLong2026-01-06 → 2026-01-0725,371233%$113K
BTCShort2025-12-25 → 2026-01-051218,940399%$-197K
BTCShort2025-12-21 → 2025-12-2334,694178%$99K
BTCShort2025-11-29 → 2025-12-05721,796333%$208K
BTCShort2025-11-21 → 2025-11-27724,578468%$-343K
BTCLong2025-11-13 → 2025-11-18635,490305%$173K
BTCShort2025-11-06 → 2025-11-12727,592344%$186K
BTCShort2025-11-02 → 2025-11-04313,490788%$289K
BTCShort2025-10-09 → 2025-10-181046,056399%$113K
BTCLong2025-10-03 → 2025-10-08619,575484%$79K
BTCShort2025-09-23 → 2025-10-021020,464434%$-94K
BTCShort2025-09-01 → 2025-09-0226,449378%$-82K
BTCLong2025-08-22 → 2025-08-2323,59554%$-66K
BTCShort2025-08-19 → 2025-08-2136,0883434%$69K

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)$1.97M
Max drawdown (mark-to-market)$387K
Return (÷ true intraday peak exposure)40.8%
Profit vs his peak account equity123.1%
His peak account equity$1.60M
Resilience (P&L ÷ drawdown)5.08
Largest exposure held$4.82M
Open-to-flat rounds117
Spread across1 coins
Fills inside those rounds816,715
Typical round length2.0 days
Same-day in-and-out share0.0%
Taker share0.0%
Fills per day2,011.6
Days active406

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.