Relative-value long/short: long the stronger token, short the weaker in equal notional—profit from outperformance.

🏆

Share token price

RedCoast
BTC
ETH

Utilisation

Other metrics

3M Sharpe
-0.9
3M volatility
23.0%
Age*
0.4 years
Maximum drawdown
-11.8%
Protocol Technical Risk
Lockup period
1d
Denomination

Returns

1 month3 monthLifetime
Gross
-44.0% ann
-4.7% abs
-21.1% ann
-5.7% abs
2.7% ann
1.1% abs
Net
-44.0% ann
-4.7% abs
-21.1% ann
-5.7% abs
2.7% ann
1.1% abs

Fees

Manage­mentPerform­anceDepositWithdraw
Gross 0.0%10.0%0.0%0.0%
Net 0.0%0.0%0.0%0.0%

Notes

Profit and loss (PnL) results here differ from the method used on the Hyperliquid website. Instead of raw account PnL, the data is cleaned from deposit/redeem flow and reflects better the actual profitability of the underlying trading activity.

About Hyperliquid

This vault is running on Hyperliquid:

Native perpetual trading vaults on Hyperliquid's HyperCore layer.

View all Hyperliquid vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#26#908#930#695#765#806
Ranking on Hyperliquid#49#156#161#109#113#106
Ranking on Hyperliquid#49#156#161#109#113#106
CAGR (net)117.7%-44.0%-21.1%2.7%2.7%2.7%
CAGR (gross)117.7%-44.0%-21.1%2.7%2.7%2.7%
Returns (net)1.5%-4.7%-5.7%1.1%1.1%1.1%
Returns (gross)1.5%-4.7%-5.7%1.1%1.1%1.1%
Sharpe ratio7.91-3.01-0.920.230.230.23
Max drawdown-0.6%-9.0%-11.8%-11.8%-11.8%-11.8%
Volatility9.9%18.7%23.0%21.5%21.5%21.5%
TVL low$205.50K$199.48K$199.48K$494.38$494.38$494.38
TVL high$209.04K$218.36K$240.01K$444.44K$444.44K$444.44K
Share price start (USDC)0.9963911.060721.072291.00001.00001.0000
Share price end (USDC)1.011361.011361.011361.011361.011361.01136
Period data availability8 days31 days91 days157 days157 days157 days
Period start2026-06-182026-05-262026-03-272026-01-202026-01-202026-01-20
Period end2026-06-252026-06-252026-06-252026-06-252026-06-252026-06-25
BBB

CORE3 risk rating

Risk rating by CORE3 for Hyperliquid. CORE3 Probability of Loss reflects the robustness of the underlying protocol and does not reflect the financial performance of an individual vault. View full rating on the CORE3 website.

Probability of Loss 25.63
ConfidenceHigh
CORE3 rank #54
Data coverage73.3%
CategoryLayer 1
Market cap$14.2B

Risk score by category

Sub-scores run 0–100 — lower is better.

  • Security 29
  • Financial 33
  • Operational 28
  • Reputational 32
  • Regulatory 24

Technical Details

Vault nameRedCoast
Vault address0x8fafc23611d59310b957162b8479f354c5a0eb4d
Chain Hyperliquid (9999)
Denomination Circle USDC (USDC)
Share tokenRedCoast
ProtocolHyperliquid
HomepageView vault on protocol website
Current TVL209,035.852 USDC
Peak TVL444,441.022 USDC
Last share price1.011 USDC
Last updated
Last updated block0
Data refreshed at
Data starts2026-01-20 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureshypercore_native
Flagsperp_dex_trading_vault
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events28

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