In BTC and GOD, we trust.

Share token price

BTC-Wave
BTC
ETH

Other metrics

3M Sharpe
0.7
3M volatility
145.2%
Age*
1.1 years
Maximum drawdown
-73.5%
CORE3 risk
CCC
Lockup period
1d
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross >9,999% 2.7% -26.5% -38.6% -32.0%
Performance fee Performance 10.0%10.0%10.0%10.0%10.0%
Management fee Management 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net >9,999% 2.4% -26.5% -38.6% -32.0%

Running on Hyperliquid protocol

This vault is running on Hyperliquid:

Native perpetual trading vaults on Hyperliquid's HyperCore layer.

View all Hyperliquid vaults
CORE3 logo

CORE3 risk rating

CCC
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Risk rating by CORE3 for Hyperliquid. CORE3's Probability of Loss is a protocol-level risk measure. It does not assess the performance of this individual vault.

Probability of Loss 48.23
ConfidenceModerate
CORE3 rank #342
Data coverage73.3%
CategoryLayer 1
Market cap$17.3B

Risk score by category

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

  • Security 42
  • Financial 0
  • Operational 25
  • Reputational 67
  • Regulatory 24
View full rating on the CORE3 website

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.

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall------------------
Ranking on Hyperliquid------------------
Ranking on Hyperliquid------------------
CAGR (net)>9,999%>9,999%2.4%-26.5%-38.6%-32.0%
CAGR (gross)>9,999%>9,999%2.7%-26.5%-38.6%-32.0%
Returns (net)32.0%54.2%0.6%-14.1%-38.6%-34.3%
Returns (gross)35.6%60.2%0.7%-14.1%-38.6%-34.3%
Sharpe ratio10.744.940.720.360.010.11
Max drawdown-2.6%-12.6%-51.2%-60.1%-73.5%-73.5%

Technical Details

Vault nameBTC-Wave
Vault address0x40b94d5fa868aa9a6a269765068be13e23ac1d28
Chain Hyperliquid (9999)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenBTC-Wave
ProtocolHyperliquid
HomepageView vault on protocol website
Current TVL5,799.851 USDC
Peak TVL5,955.192 USDC
Last share price0.657 USDC
Last updated
Last updated block0
Data refreshed at
Data starts2025-07-23 00:00:00 UTC
Fee modeExternalised
Fees internalisedNo
Featureshypercore_native
Flagsperp_dex_trading_vault
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events8

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