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Findings

What the open ratings say about Hyperliquid vaults, one question at a time, with the numbers and the vaults behind every claim.

  1. 25 Oct 2026

    Why most Hyperliquid vaults can’t be rated yet.

    2,674 of the 2,939 vaults with money in them are not rated. Each has a reason, and the most common one is not about trading.

    2,674 of 2,939 checked vaults are not rated, each with its reason

  2. 25 Oct 2026

    Six of the ten largest rated vaults can’t rule out luck.

    The ten largest rated vaults hold $28.6M. For 6 of them the 90% range runs across 50.

    6 of 10 of the largest rated vaults have a 90% range across 50

  3. 25 Oct 2026

    Doubling your money is not proof of skill.

    11 of the 17 rated vaults that at least doubled their money are rated Average: their records do not yet tell skill from luck.

    11 of 17 doubled their money and are rated Average

Each finding is dated and keeps the numbers of its data date. Live numbers for every vault are on the ratings list.