Hyperliquid vault performance: how the biggest vaults have done
The short answer: on 10 November 2026, 211 open Hyperliquid vaults held $10,000 or more. 112 of them (53.1%) show gains since they opened, but only 71 (33.6%) had gains over the last 30 days, and together they lost about $9.0 million in that month. Of the 20 largest, 8 are down since they opened and 13 lost money over the last 30 days. HLP, Hyperliquid’s protocol vault, holds 64.6% of all the money in these vaults and is up $140.7 million over its life.
We run a public vault on Hyperliquid ourselves, RockSteady, so we have a stake in how vaults are judged. It is 1 of the 211 and one of the smallest, with about $10,000 in it.
Key points
- Read from Hyperliquid’s public vault list on 10 November 2026. We read it again every Monday and update this page.
- Vaults over $100,000 show gains over their life more often than smaller ones: 63.0% between $100,000 and $1 million and 62.5% over $1 million, against 48.2% under $100,000. Size follows results, because money leaves vaults that lose; it does not cause them.
- The last 30 days were hard: 125 of the 211 lost money, 15 were flat, and together they lost about $9.0 million.
- We show profit and loss in dollars, as Hyperliquid reports it. For 3 of the 20 largest vaults, a percentage worked out from the same public history points the other way.
- A vault’s dollar result is not your result. What you get depends on when you deposit and withdraw.
How many Hyperliquid vaults make money?
On 10 November 2026, 112 of the 211 open Hyperliquid vaults holding $10,000 or more (53.1%) showed gains since they opened, and 71 (33.6%) showed gains over the last 30 days. Across all 3,050 open vaults, small ones included, only 19.2% showed gains since opening.
| Vault size | Vaults | Gains since opening | Gains over the last 30 days | Money in them |
|---|---|---|---|---|
| $10,000 to $100,000 | 141 | 68 (48.2%) | 41 (29.1%) | $3.9 million |
| $100,000 to $1 million | 54 | 34 (63.0%) | 25 (46.3%) | $18.0 million |
| $1 million and over | 16 | 10 (62.5%) | 5 (31.3%) | $209.4 million |
| All 211 | 211 | 112 (53.1%) | 71 (33.6%) | $231.3 million |
Counted from Hyperliquid’s public vault list on 10 November 2026, 04:04 UTC. “Gains” means the vault’s profit and loss figure on that list is above 0. Open vaults under $10,000 hold less than 1% of the money in open vaults and are left out. So are 7 child vaults, which hold money already counted in their parent vault, HLP. The list covers vaults on HyperCore only; vaults on HyperEVM, such as Buoy’s, are not on it.
Most open vaults hold almost nothing: 3,050 vaults were open on 10 November 2026, not counting child vaults, and 211 of them held $10,000 or more. Our post on how to pick a Hyperliquid vault looks at the whole list of 9,478 vaults ever created.
How did the 20 largest Hyperliquid vaults perform?
8 of the 20 largest vaults are down since they opened, and 13 lost money over the last 30 days. HLP is up $140.7 million over its life and $2.1 million over the last 30 days.
| # | Vault | Money in it | Opened | Gains or losses since opening | Last 30 days |
|---|---|---|---|---|---|
| 1 | Hyperliquidity Provider (HLP) | $149.4M | May 2023 | +$140.72M | +$2.10M |
| 2 | Growi HF | $13.5M | Jul 2024 | +$2.68M | −$372K |
| 3 | Systemic Strategies L/S Grids | $9.5M | Jan 2025 | +$2.28M | +$2.33M |
| 4 | DOUBLETOP Vault | $6.6M | Jun 2026 | −$421K | −$1.12M |
| 5 | Systemic Strategies HyperGrowth | $5.8M | Aug 2025 | +$6.35M | +$923K |
| 6 | drkmttr | $5.6M | Dec 2025 | +$1.83M | −$3.40M |
| 7 | BredoStrategy | $4.9M | Feb 2026 | +$1.16M | −$2.95M |
| 8 | Long HYPE & BTC, Short Garbage (closed to new deposits) | $2.7M | Apr 2025 | +$2.52M | +$171K |
| 9 | FC Genesis Quantum | $2.0M | Sep 2025 | −$524K | −$168K |
| 10 | Bitcoin Moving Average Long/Short | $1.8M | Oct 2025 | −$913K | −$638K |
| 11 | Orbit Value Strategies | $1.5M | Dec 2025 | +$106K | +$173K |
| 12 | Hyperrr | $1.4M | Dec 2024 | +$106K | −$1.23M |
| 13 | Black Ops | $1.3M | Jan 2026 | +$7K | −$186K |
| 14 | Long LINK Short XRP | $1.3M | Jul 2025 | −$617K | −$1.25M |
| 15 | AIQuantPulse | $1.1M | Feb 2026 | −$154K | −$28K |
| 16 | Ultron | $1.0M | Dec 2025 | −$664K | −$127K |
| 17 | Jade Lotus Capital | $0.9M | May 2025 | +$694K | −$168K |
| 18 | AILAB TEST ULTRA | $0.9M | Dec 2025 | −$544K | +$70K |
| 19 | Enjoyooor V3 (closed to new deposits) | $0.9M | Apr 2026 | −$163K | −$1.27M |
| 20 | AceVault Hyper01 (closed to new deposits) | $0.9M | Aug 2025 | +$910K | +$93K |
The 20 open vaults with the most money in them, on 10 November 2026, from Hyperliquid’s public vault list and each vault’s own record (vaultDetails). Names are as Hyperliquid lists them, with symbols and dashes left out. This is a list by size, not a ranking or a recommendation; our own vault is too small to be on it.
How has HLP performed?
On 10 November 2026, HLP held $149.4 million, was up $140.7 million since it opened in May 2023, and was up $2.1 million over the last 30 days, about +1.4% by our count from its daily readings. Hyperliquid’s vault list showed its APR at 25.2% that day.
HLP is Hyperliquid’s protocol vault. By Hyperliquid’s docs, it makes markets on the exchange, performs liquidations, supplies USDC in Earn and receives part of the trading fees, and it is “fully community-owned”: its depositors share its profit and loss. It has no leader fee, and a deposit is locked for 4 days. It is not risk free: our post on whether Hyperliquid is safe lists the manipulation events in which HLP’s depositors lost about $11 million.
Why this page shows dollars, not percentages
Hyperliquid reports each vault’s profit and loss in dollars, so that is what we show: anyone can open the vault page and check it. Its APR and max drawdown are percentages, but neither is a return since opening. A percentage return needs every deposit and withdrawal, and the public history of a vault’s whole life is a sample of readings, from a couple of days apart for young vaults to 2 weeks apart for the oldest.
The 2 can disagree. A vault that gained while it held a lot of money and lost while it held little shows a dollar gain and a percentage loss, and the other way round. For 3 of the 20 vaults above (DOUBLETOP Vault, drkmttr and Black Ops), a percentage we worked out from Hyperliquid’s own readings points the other way from the dollar figure. That is also why a vault’s result is not your result: if you deposit just before a bad month, you share that month in full.
What changed in Hyperliquid vaults this week?
HLP shrank the most. From 2 to 9 November 2026, the money in HLP fell from $168.5 million to $150.1 million, and the money in all other open vaults over $10,000 fell from $91.4 million to $84.5 million. On 10 November 2026, HLP held $149.4 million and the others $82.0 million.
Over the 7 days to 10 November 2026, 73 of the 211 vaults had gains, and together they lost about $3.8 million. 1 vault that was not on our 2 November list held more than $100,000 by 9 November: Quantum Pendulum Capital, at $124,204.
This section changes every week. Earlier weeks come from our own weekly copies of Hyperliquid’s vault list, which we started on 2 November 2026.
Is the APR on Hyperliquid a good guide?
Not on its own. The APR on Hyperliquid’s vault list mostly reflects the last month, so a vault can show a high APR while it is down since it opened. Our post on how to pick a Hyperliquid vault goes through this with examples. Look at the dollar result since opening, the last 30 days and the vault’s size together.
How does our own vault compare?
RockSteady is small next to these vaults: about $10,000 on 10 November 2026. Its live record, read from the same vault: +9.4% since 4 February 2026, and a deepest dip so far of 10.9% (BotOrNot, rebuilding it from every trade, puts it at about 11 to 12%), after trading costs and before our 10% fee on gains. The full record, with the losing months, is on our live record page, and 9 months of RockSteady’s numbers walks through them. That record also uses readings about a week apart, and says so.
How to read these numbers
- A good year can be followed by a bad month. 13 of the 20 largest lost money over the last 30 days, and 6 of them still show gains since opening.
- Check the vault page yourself. Every name above links to the vault on Hyperliquid, where the positions, trades and depositors are public.
- Look at the leader’s fee and the rules. Hyperliquid’s docs say vault leaders receive “a 10% profit share”. Every user vault in the table above takes it; HLP takes no leader fee. Deposits are locked for 1 day in user vaults and 4 days in HLP, and a leader must keep at least 5% of their own vault.
- Check whether it takes deposits. 3 of the 20 are closed to new deposits.
FAQ
Do Hyperliquid vaults make money? Some do and many do not. On 10 November 2026, 112 of the 211 open vaults with $10,000 or more showed gains since they opened, and 71 showed gains over the last 30 days. Across all 3,050 open vaults, only 19.2% showed gains since opening.
What is the biggest vault on Hyperliquid? HLP, the Hyperliquidity Provider vault, Hyperliquid’s protocol vault, owned by its depositors. On 10 November 2026 it held $149.4 million, 64.6% of the money in open vaults over $10,000, and showed $140.7 million in gains over its life.
Can you lose money in a Hyperliquid vault? Yes. 8 of the 20 largest vaults are down since they opened, and 1 of them has lost $913,000. Over the last 30 days, 13 of the 20 lost money.
Why does this page show dollars instead of percentages? Dollars are the profit and loss Hyperliquid reports, so you can check them. A percentage depends on when money came in and went out, and for 3 of the 20 largest vaults it points the other way from the dollar figure.
How often is this page updated? Every week. We read Hyperliquid’s public vault list each Monday and refresh the tables and the “what changed” section, with the date at the top.
Does the vault leader take a fee? Hyperliquid’s docs say vault leaders receive “a 10% profit share”. HLP, Hyperliquid’s protocol vault, takes no leader fee.
Is the APR on Hyperliquid’s vault list reliable? It mostly reflects the last month, so use it with the result since opening. Our vault picking guide shows why.
Sources
- Hyperliquid’s public vault list (stats-data.hyperliquid.xyz/Mainnet/vaults), read on 10 November 2026 at 04:04 UTC: vault sizes, open or closed, child vaults, gains or losses since opening, over 30 days and over 7 days.
- Hyperliquid’s public API (
vaultDetails) for each of the 20 largest vaults, 10 November 2026: whether the vault takes deposits, the leader’s fee, and the readings behind the percentage check. - Our weekly copies of the vault list, 2 and 9 November 2026, for the “what changed” section.
- Hyperliquid docs: Vaults and For vault leaders, For vault depositors and Protocol vaults, opened 10 November 2026.
- RockSteady: our live record, read from Hyperliquid’s public API.
How this was made: written by NuWealth with AI assistance from the sources above, and checked by the NuWealth team. Past results are not a promise of future results; see our Risk Disclaimer.