Buyback Spread Engine
View on Hyperliquid Update infoA high-conviction, market-neutral strategy exploiting valuation gaps in DeFi’s most active buyback tokens.
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- #18 on
- #18 on
Share token price
3M return (ann)
▲ 141.4%
Total value locked
$13.2K
peak $20.8K
3M Sharpe
1.5
3M volatility
99.3%
Other metrics
3M Sharpe
1.5
3M volatility
99.3%
Age*
1.0 years
-53.5%
CORE3 risk
Lockup period
1d
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 101.5% | 163.4% | 157.8% | 56.3% | 56.3% | |
| 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 | 88.2% | 141.4% | 138.7% | 50.7% | 50.7% |
Running on Hyperliquid protocol
This vault is running on Hyperliquid:
Native perpetual trading vaults on Hyperliquid's HyperCore layer.
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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | --- | --- | --- | --- | --- |
| Ranking on Hyperliquid | #31 | #18 | #25 | #14 | #31 | #33 |
| Ranking on Hyperliquid | #31 | #18 | #25 | #14 | #31 | #33 |
| CAGR (net) | 134.3% | 88.2% | 141.4% | 138.7% | 50.7% | 50.7% |
| CAGR (gross) | 157.3% | 101.5% | 163.4% | 157.8% | 56.3% | 56.3% |
| Returns (net) | 1.6% | 5.3% | 24.3% | 53.9% | 50.3% | 50.3% |
| Returns (gross) | 1.8% | 5.9% | 27.0% | 59.9% | 55.9% | 55.9% |
| Sharpe ratio | 3.24 | 1.28 | 1.47 | 1.99 | 1.43 | 1.43 |
| Max drawdown | -2.1% | -15.2% | -51.7% | -51.7% | -53.5% | -53.5% |
Technical Details
| Vault name | Buyback Spread Engine |
| Vault address | 0xce71894b42f5c31a6ae6ca4fb77441c68ab15086 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | Buyback Sp |
| Protocol | Hyperliquid |
| Homepage | View vault on protocol website |
| Current TVL | 13,167.505 USDC |
| Peak TVL | 20,789.874 USDC |
| Last share price | 1.559 USDC |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2025-08-13 00:00:00 UTC |
| Fee mode | Externalised |
| Fees internalised | No |
| Features | hypercore_native |
| Flags | perp_dex_trading_vault |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 17 |
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