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This is my vault, register it
Stealth Vault
BYour deposit + Trade = Mad Profits Yo *10Trust Me Brah
Six risks, read separately
The same six across every vault we scoreSix risks, read separately
Strategy risk band High
SEVERE market and concentration risk on this vault, against an overall band of `high`. The band weighs them against everything else, which is why it can read better without being in conflict.
| Risk | Reads | In the band | From |
|---|---|---|---|
| Market |
One thing worth a look
Patterns in this vault’s record that have more than one explanation. None of them lowers its grade and none of them is a finding of wrongdoing, a ledger cannot separate the readings below, and neither can we.
- The address that runs this vault holds 100% of it.
- Equally consistent with: A manager with their own money at risk, which is usually a good sign, and then the return is a personal account’s rather than a record of managing anyone else’s. It can also be a treasury or a custodian: the chain shows who holds the shares, not whose money they are.
Measured over the last 30 days, as of 2026-10-22 03:24 UTC. A pattern that stops is cleared rather than left standing.
Taking money
Open
TVL
$10.5k
Return
-99.9%
over its watched history, read on 76 of 511 days, thin enough that the figure is an estimate between readings
The venue advertises
-0.1%
a year, on their own figures
Its depositors kept
Value and drawdown
This chart shows the last 30 days of a 511 day record; the whole-record figures on this page are measured over all of it, and the 30, 90 and 365-day figures over their own windows, dated below. The rest is the Analyst tierRange
Hover for values. Upper: vault value, with BTC indexed to the same starting capital. Lower: how far below its own peak it was.
The rate, and the seven things that qualify it
A quoted rate is one input, not a verdict. These are the same seven fields in the same order for every vault, so a high rate and a high rate nobody can withdraw from do not look alike.
- Current quoted rate
- -0.1%As the venue states it, from Hyperliquid. Passed on rather than adopted, and whether rewards are inside it is the next row.
- Rewards inside that rate
- No reward rate is published, so we cannot say whether the quote includes one.A published rate, not a verified payment. Promotional projections and amounts actually accrued are different things and this is the first.
- Realised return
- Too little share-price history to derive one. The quote stands alone until there is.Derived from the share price we read, over the window stated. Annualisation is secondary: the window is the measurement.
- Fee basis
- We do not read this vault’s share price, so we cannot say which fees the figure is net of.A return derived from the share price is net of whatever the venue already deducted. Fees charged outside it are not in either number.
- Withdrawable now
- $9.5k90% of the vaultA reading of now, not a promise about the day somebody tries. An accruing rate with nothing withdrawable is the case this section exists for.
Profit, and what the value is made of
Value held less cumulative profit is the money people put in. The venue draws the two apart; the gap is the point.Range
Profit and loss since the vault opened, as the venue reports it. It ignores deposits and withdrawals: only trading moves this line.
Value heldNet money put in
Range
Solid: what the vault holds. Dashed: what depositors put in, net of withdrawals. Where the two rise together the growth was deposits, not performance.
No strategy has been declared for this vault
Everything above is reconstructed from public data. A declaration is free, signed from this vault’s own key, and cannot be edited afterwards.Note 28
Evidence
What a risk decision about this vault can rest on
Six questions, and what we hold for each. This is not a score and there is no letter at the end of it: the answers are different kinds of thing and compressing them into one number would hide exactly the part a reader needs. Where we have nothing, the row says so. 1 of 6 is not measured for this vault.
- What does it hold or lend into?DeclaredUSDCThe venue names a deposit asset. What the vault actually holds behind it has not been read.
- How much could leave now?Measured$9.5kWhat the contract will pay out now, read from it. Not the same as what is idle. A deposit here is locked: the longest lockup still running across this vault's depositors is 1 day, read from the venue's own per-depositor field on 1 of 1. That is a floor on the term rather than the term, and it is a constraint on the depositor that the vault-level figure above does not carry.
- Who runs it, and what else have they run?MeasuredStealthA named operator with a record across every vault they run, including the ones that closed.
- What does it depend on?
Passport
Identity
Vault contract
0x67926ff4…7179
NetworkHyperliquid
Platform
Hyperliquid
OperatorStealth0x4950dccf…6b77
Deposit assetUSDC
Where the return came from
Costs consumed 4% of gross profitGross realised$36.97
Trading fees−$1.34
Funding received$0.13
Net realised$35.77
Unrealised−$45.34
Total−$9.57
That is -0.09% on the capital the strategy currently runs.
- Slippage is not separated: without a book snapshot at fill time it cannot be measured, so it remains inside gross rather than being estimated.
- Funding is differenced across position snapshots, so it is a flow over the window rather than a level: it counts what changed hands while we were watching and nothing before that. Intervals where a position closed and reopened are refused rather than guessed, which makes the figure a floor.
Computed from 20 fills over the 0d in which funding could also be measured, so every part is taken from the same days. That window opens when we started watching, not when the vault started trading. Measured by differencing 89 snapshot intervals over 4 hours.
Analyst tier
Detail is hidden, not absentHow well it executes
Built from 89 individual fills. Two strategies with identical signals can differ by hundreds of basis points purely in how they get filled, taker share, fee rate, slippage. This is the part of a result that is operational competence rather than market view, and it is what tells you whether a good year was skill or a good venue.
See what unlocksAlready a customer? Sign inHow this vault behaves
from 89 fills over 0.13 daysTiming indicates rules automated management, confidence 11%.
- · Observed for under a day, so the overnight signal is not yet available.
- · 685.1 fills per day, beyond sustained manual trading.
- · A large share of fills land on minute boundaries.
Overnight activity not yet measurable
Hour-of-day evenness 25%
Cadence regularity 0%
Clock alignment 100%
Fills per day 685.1
Instruments 20
Timing only. This says nothing about whether the strategy is any good, a losing bot is still a bot.
Current exposure
11 positions · $3.4k gross · 0.3x the vault's capitalHow the capacity estimate was reached
- No instrument showed a positive edge against its realised cost.
Who is in it
Money in and out
Ledger read 1 hour agoAnalyst tier
Detail is hidden, not absentWho is in this vault, and how much of it is one wallet
A vault that is eighty per cent one depositor is a vault whose price can be reset by a single withdrawal, and whose headline TVL says almost nothing about whether anyone else believes in it. Concentration is the risk a return figure never shows, and it moves before the return line does.
See what unlocksAlready a customer? Sign inWhat is still missing
- Operator cohort. We show what the venue still exposes; strategies deleted before we began observing are invisible, and only pre-registration can make a cohort provably complete.
- Gross-to-net waterfall. Returns are venue-reported and not yet decomposed into fees, funding and slippage.
- Off-chain exposure. Anything held on a centralised exchange is invisible to us, so the risk shown is a floor.