0xcd98…c433 · Hyperliquid address profile

0xcd98da856b021a6efcc7d766118531ad64aec433View on Hyperliquid ↗ ·

Not offered yetHigh frequency Mark-to-market cumulative profit $2.27M, ranked #325 site-wide.

Three things to check before following him

This address still holds
Unknown
We could not read it this run — that is not the same as zero
Ever liquidated
No
No liquidation on record in this window
Time since last trade
Traded today
last fill 2026-10-03

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 $2.27M 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

Cumulative P&L at market prices (open positions included, plus funding, minus fees) — not the exchange's "closed P&L", which only counts positions someone chose to close. 20260722 – 20261003, 74 trading days.

Cumulative P&L
$2.27M
Max drawdown
$4.09M
Return
9.0%
÷ true intraday peak exposure
Active
74 days

Where the money comes from

28.8%71.2%$2.27Mnet
ETH$1.42Mxyz:MINIM$470Kxyz:SKHX$316Kxyz:SNDK$88KPUMP-$11Kxyz:LITE-$11Kxyz:ZHIPU-$1,425
minus fees−$194K (7.85%)

Funding is 71.2% 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.

What kind of trader

Size96Resilience17Maker12Funding98Consistency46Spread32
$100 – $156: 25$156 – $245: 14$245 – $383: 26$383 – $599: 48$599 – $938: 96$938 – $1,468: 228$1,468 – $2,297: 266$2,297 – $3,594: 363$3,594 – $5,623: 380$5,623 – $8,799: 393$8,799 – $14K: 364$14K – $22K: 386$22K – $34K: 383$34K – $53K: 415$53K – $83K: 815$83K – $129K: 788$129K – $202K: 658$202K – $316K: 608$316K – $495K: 489$495K – $774K: 342$774K – $1.21M: 227$1.21M – $1.90M: 157$1.90M – $2.97M: 107$2.97M – $4.64M: 85$4.64M – $7.26M: 66$7.26M – $11.36M: 58$11.36M – $17.78M: 25$17.78M – $27.83M: 14$27.83M – $43.54M: 9$43.54M – $68.13M: 4$68.13M – $106.61M: 5$106.61M – $166.81M: 2$166.81M – $261.02M: 1$100$1K$10K$100K$1M$10M$100M$1B#325 of 7,847 · top 4.1%only 324 made more · 1.09% 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 7,847 profitable addresses (log scale); the line is him — everyone to the right made more.

How he makes it

35 bps
Net profit per $10,000 traded

His positions rarely go flat. In 74 days he fully closed out only 11 times; the rest of the time he was adjusting an open position — 28,373 fills in that span.

This is not missing data — there are no rounds to count. A win rate needs discrete trades you can score one by one, and his position never closes. So we show how much profit each dollar of volume produced instead. (Leverage inflates this number.)

Why copy trading is not open yet · High frequency
645 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 number

Cumulative P&L (mark-to-market)$2.27M
Max drawdown (mark-to-market)$4.09M
Return (÷ true intraday peak exposure)9.0%
Profit vs his peak account equity—
His peak account equity—
Resilience (P&L ÷ drawdown)0.56
Largest exposure held$25.24M
Open-to-flat rounds11
Spread across7 coins
Fills inside those rounds28,373
Typical round length13.0 days
Same-day in-and-out share0.0%
Taker share100.0%
Fills per day644.8
Days active74

Similar addresses

0x5b5d51203a0f9079f8aeb098a6523a13f298c060 · 0x2ea18c23f72a4b6172c55b411823cdc5335923f4 · 0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1 · 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41 · 0x418aa6bf98a2b2bc93779f810330d88cde488888 · 0x6c8512516ce5669d35113a11ca8b8de322fd84f6

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.