Relative Value Market Neutral
View on Hyperliquid Update infoStrategy attempts to monetize large swings in crypto markets by going long crypto assets that respond favorably to volatility and short those that respond adversely. The portfolio is beta-neutral in BTC and is rebalanced daily.
Share token price
1M return (ann)
▼ 80.7%
Total value locked
$296.8
peak $7.9K
3M Sharpe
-1.3
3M volatility
55.8%
Other metrics
3M Sharpe
-1.3
3M volatility
55.8%
Age*
0.7 years
-30.8%
Protocol Technical Risk
Lockup period
1d
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | |
|---|---|---|---|---|---|
| Gross Gross | -80.7% | -58.1% | -32.3% | -30.8% | -30.8% |
| Performance fee Performance | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 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 | -80.7% | -58.1% | -32.3% | -30.8% | -30.8% |
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.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | --- | --- | --- | --- | --- |
| Ranking on Hyperliquid | --- | --- | --- | --- | --- | --- |
| Ranking on Hyperliquid | --- | --- | --- | --- | --- | --- |
| CAGR (net) | -90.5% | -80.7% | -58.1% | -32.3% | -30.8% | -30.8% |
| CAGR (gross) | -90.5% | -80.7% | -58.1% | -32.3% | -30.8% | -30.8% |
| Returns (net) | -4.4% | -12.6% | -19.3% | -17.5% | -22.1% | -22.1% |
| Returns (gross) | -4.4% | -12.6% | -19.3% | -17.5% | -22.1% | -22.1% |
| Sharpe ratio | -3.95 | -1.56 | -1.28 | -0.79 | -0.86 | -0.86 |
| Max drawdown | -7.1% | -25.0% | -30.8% | -30.8% | -30.8% | -30.8% |
| Volatility | 55.8% | 83.5% | 55.8% | 39.8% | 44.3% | 44.3% |
| TVL low | $287.72 | $287.72 | $287.72 | $287.72 | $287.72 | $287.72 |
| TVL high | $309.74 | $352.17 | $6.96K | $7.05K | $7.92K | $7.92K |
| Share price start (USDC) | 0.815007 | 0.891854 | 0.965204 | 0.944259 | 1.0000 | 1.0000 |
| Share price end (USDC) | 0.779112 | 0.779112 | 0.779112 | 0.779112 | 0.779112 | 0.779112 |
| Period data availability | 8 days | 31 days | 91 days | 181 days | 249 days | 249 days |
| Period start | 2026-07-11 | 2026-06-18 | 2026-04-19 | 2026-01-19 | 2025-11-12 | 2025-11-12 |
| Period end | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 | 2026-07-18 |
Technical Details
| Vault name | Relative Value Market Neutral |
| Vault address | 0x978dbedce2bb1e698beb4f5359726f083b96981f |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | Relative V |
| Protocol | Hyperliquid |
| Homepage | View vault on protocol website |
| Current TVL | 296.798 USDC |
| Peak TVL | 7,922.508 USDC |
| Last share price | 0.779 USDC |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2025-11-12 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | hypercore_native |
| Flags | perp_dex_trading_vault |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 3 |
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