0xcd1c…fec5 · Hyperliquid address profile

0xcd1c932a413868c3c84e73e195bf34c1ba4ffec5View on Hyperliquid ↗

Not offered yetHigh frequency Mark-to-market cumulative profit $695K, ranked #831 site-wide.

Three things to check before following him

This address still holds
$284K
perps + spot + vaults + staking; perps account $146K, 6 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 $695K 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$751K$863K

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 ($-112K). The hatched band on the left is before our data starts (20250729); the exchange had him at $55K by then — that is why our number differs from other sites.

His account equity

Equity at start
$101
2025-07-29
Equity now
$170K
2026-09-22
All-time high
$621K
now 27% of peak
P&L over the same span
$695K
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
$695K
Max drawdown
$395K
Profit vs equity
112.0%
vs his peak equity of $621K
Active
416 days

Where the money comes from

89.6%10.4%$695Knetminus fees−$7,638 (1.09%)
BTC$589KTRUMP-$157KAVAX$89KVVV-$75KMERL$46KZRO$40KIMX$37KALGO$33K

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

Funding is 10.4% 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

Size89Resilience53Maker42Funding82Consistency26Spread86axes = percentile among all (further out = more pronounced, not better)
#831top 10.5%0.40% 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

6.4
Out of every 10 positions, how many ended up green
1.69×
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 · High frequency
243 fills per day. Mirroring this account needs order placement at his speed and fees low enough not to eat the thin per-trade margin. That is an execution-layer problem, and we have not wired it into copy trading yet.

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$589K
2025-07-29 → 2026-08-11 · 320 days · 23,734 fills · peak $2.63M (490% of equity) ·
AVAX Short$89K
2025-09-15 → 2025-10-10 · 26 days · 1,983 fills · peak $330K (117% of equity) · Unfold 🔒
MERL Long$46K
2025-10-20 → 2025-12-13 · 55 days · 1,973 fills · peak $102K (21% of equity) ·

3 worst rounds

TRUMP Long$-158K
2026-03-20 → 2026-08-21 · 155 days · 5,191 fills · peak $332K (83% of equity) ·
VVV Short$-72K
2026-06-04 → 2026-09-22 · 111 days · 592 fills · peak $133K (72% of equity) ·
AAVE Short$-31K
2026-06-09 → 2026-09-22 · 106 days · 458 fills · peak $57K (10% of equity) ·

All rounds (46 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
ZROShort2026-02-13 → 2026-09-222221,682174%$40K
ETHShort2026-05-14 → 2026-09-22117~2579%$4,590
LINKShort2025-08-19 → 2026-09-22120~4,249181%$-27K
GRASSShort2026-07-05 → 2026-09-22801,513121%$-11K
AAVEShort2026-06-09 → 2026-09-2210645810%$-31K
VVVShort2026-06-04 → 2026-09-2211159272%$-72K
HYPEShort2026-05-30 → 2026-09-131072,637107%$-4,400
BCHShort2026-05-26 → 2026-08-299691115%$23K
TRUMPLong2026-03-20 → 2026-08-211555,19183%$-158K
ALGOShort2026-05-05 → 2026-08-201081,15319%$33K
ATOMShort2026-05-26 → 2026-08-18851752%$4,301
ADALong2026-05-31 → 2026-08-18801,37933%$4,514
DYDXShort2026-06-04 → 2026-08-177565715%$18K
BNBShort2026-05-26 → 2026-08-17841,52836%$28K
XMRShort2026-03-23 → 2026-08-141451,17519%$5,317
BTCShort2025-07-29 → 2026-08-11320~23,734490%$589K
OPLong2026-05-26 → 2026-08-09762143%$-6,572
CRVShort2026-06-17 → 2026-08-034888511%$9,878
MONShort2026-06-13 → 2026-07-274599717%$5,529
POLLong2026-05-26 → 2026-06-19252785%$-4,365
ZECShort2026-05-06 → 2026-05-29241,88159%$4,116
NEARShort2026-05-11 → 2026-05-291945712%$-15K
STABLELong2026-05-14 → 2026-05-26134347%$-5,588
MERLLong2025-10-20 → 2025-12-13551,97321%$46K
WLFILong2025-11-12 → 2025-12-01202,27138%$30K
IMXShort2025-10-20 → 2025-11-253789322%$37K
MNTShort2025-09-15 → 2025-10-10262,48788%$16K
AVAXShort2025-09-15 → 2025-10-10261,983117%$89KUnfold 🔒
SYRUPShort2025-07-29 → 2025-08-27302,57744%$17K
DOGEShort2025-07-30 → 2025-08-0791,713110%$31K

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)$695K
Max drawdown (mark-to-market)$395K
Return (÷ true intraday peak exposure)24.6%
Profit vs his peak account equity112.0%
His peak account equity$621K
Resilience (P&L ÷ drawdown)1.76
Largest exposure held$2.83M
Open-to-flat rounds50
Spread across44 coins
Fills inside those rounds70,016
Typical round length49.0 days
Same-day in-and-out share8.0%
Taker share85.7%
Fills per day243.1
Days active416

Similar addresses

0x5b5d51203a0f9079f8aeb098a6523a13f298c060 · 0x2ea18c23f72a4b6172c55b411823cdc5335923f4 · 0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1 · 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41 · 0x418aa6bf98a2b2bc93779f810330d88cde488888 · 0x15a4f009bb324a3fb9e36137136b201e3fe0dfdb

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.