Where the result came from
Trading result+$19,129
Funding−$297
Trading fees−$1,018
Net result+$17,814
Closed positions only, in dollars. This describes the money; it is not how the score is built.
Where the evidence sits90% range 30.1–43.8
KARAVELA VAULTS is rated Below average. Its record shows evidence against skill. Its whole 90% range, 30.1–43.8, sits below 50, the neutral point. The ranges of 179 other rated vaults overlap with this one, so on current data they can’t be told apart.
Concentrated in one assetMost of the result comes from one asset (NEAR 72%), and the score is reduced for it.
- Return on record
- −9.4%
- $1 became $0.91 since the vault’s start
- Max drawdown
- −28.4%
- largest fall from a peak
- Deposits
- $219K
- 30 depositors · open to deposits
- Rated window
- 250 days
- 6 Feb 2026 – 14 Oct 2026
Track record
Daily, after fees and funding. Deposits and withdrawals are left out, so new money never counts as profit.
$1.00 on 6 Feb 2026 $0.91 on 14 Oct 2026
One point a day: $1 put in at the vault’s start, after fees and funding. The dashed line is $1.
Deepest daily point −26.9% · peak 13 Feb 2026, trough 6 Jun 2026, not recovered yet · worst day −10.6% on 20 Mar 2026
The maximum drawdown in the summary is the rating’s own measurement and can be deeper than one point a day shows.
5 of 9 months up · best +9.9% in Aug 2026 · weakest −18.7% in Mar 2026
The first and last months can be partial.
Results by asset
| Asset | Positions | Result | |
|---|---|---|---|
| NEAR | 7 | +$3,567 | |
| TAO | 2 | +$2,184 | |
| ZEC | 3 | +$2,101 | |
| HYPE | 2 | +$1,540 | |
| PENGU | 2 | +$789 | |
| UNI | 3 | +$784 | |
| VVV | 1 | −$744 | |
| AZTEC | 8 | +$648 |
How it trades
- Style
- Systematic, pattern not classified
- Closed positions
- 139
- Win rate
- 90.6%
- Median holding time
- 6.9 days
- Assets traded
- 70
- Maker share
- 37%
Risk
- Max drawdown
- −28.4%
- Daily volatility
- 1.44%
- Worst day
- −10.6%
- A bad day, 1 in 20
- −1.9%
- Largest single asset
- NEAR · 72%
- Own liquidations
- None found
Capital and flows
- Vault capital
- $218,869
- Leader’s share of the vault
- 49.4%
- Leader’s cut of profit
- 10%
- Depositor money in and out
- $241,973
- First trade
- 17 Dec 2025
Depositors’ money moving in and out is left out of the return, so a popular vault isn’t penalised for attracting money.
From the leader
Navigating Crypto Markets
The vault’s own description on Hyperliquid, not checked by Brierz.
Audit trail
- Computed
- 19 Oct 2026, 12:40 UTC
- Method
- Version 0.9
- Data
- Hyperliquid API and Hyperliquid trade archive
- Latest input
- 14 Oct 2026, 22:29 UTC
Checksum of every input (SHA-256). Any later change to the inputs would change it.
f2e327d5b0205fbd77d46ac04d8a7a183222407b7e27e448fe09c8df74bcb6c0When each input was read
- Closed positions
- 13 Oct 2026, 12:59 UTC
- Trades
- 13 Oct 2026, 12:59 UTC
- Funding payments
- 14 Oct 2026, 22:29 UTC
- Deposits and withdrawals
- 14 Oct 2026, 22:29 UTC
- Account state
- 14 Oct 2026, 22:29 UTC
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