Blacklight
POLYMARKET · HYPERLIQUID
hidden-flow tracker
The market, under blacklight.

Most market-maker flow is invisible in the public trade feed — under our light it glows. On-chain reconciled copyability verdicts, hidden-flow x-rays and funding-carry signals across Polymarket and Hyperliquid.

Polymarket Wallet X-Ray — maker, taker, or noise?

Paste any wallet. Get its true style, the share of its activity hidden from the public trade feed, a copy-worthiness verdict, plus current-open-book and lifetime P&L.

Try a known maker: 0xdb5a…3965

Hyperliquid X-Ray — vault & trader copy-worthiness

Paste any Hyperliquid vault or trader address. We pull what the HL app hides behind a single APR or PnL line: per-follower equity distribution, leader skin-in-the-game, commission drag, lockup/flight risk, the live book (assets traded), maker-vs-taker mix, liquidation history and deposit-adjusted return.

Try the HLP vault: 0xdfc2…f303

Compare — stack 2–4 vaults or wallets

Add up to 4 Hyperliquid vault or trader addresses to overlay their deposit-adjusted growth, compare risk metrics side-by-side over a chosen window, and run a what-if backtest. Same engine as Hyperliquid X-Ray.

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My Desk — your cross-venue watchlist & where it agrees

See any Hyperliquid wallet's footprint — perp positions, vault deposits and spot — and pin vaults/wallets to a watchlist saved in your browser (no account).

Watchlist — saved in this browser

Watchlist consensus — where your watched wallets agree

The herd view: markets & coins where multiple watched wallets are positioned the same way right now. Live, on-demand over your watchlist. For the global version over the top profitable wallets, see Research → Smart-money consensus.

Vault Rankings — browse & filter all vaults

Every vault we've crawled, scored on deposit-adjusted risk & return with a copy-worthiness verdict and operator attribution. Sort/filter, read the risk map, click any row to open its X-Ray.

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Trader Rankings — top Hyperliquid traders

The most profitable Hyperliquid accounts by all-time PnL, from the public leaderboard — many never open a vault. Sort/filter, then click any row for its X-Ray (the honest copyability view: maker/taker, drawdown, deposit-adjusted). Note: raw ROI is wildly distorted for low-volume / spot-airdrop accounts — filter by min volume to surface real active traders.

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Followable on HL — the few you can actually copy

The honest shortlist: active, directional swing traders on liquid Hyperliquid perps whose multi-day holds mean a copy entered late still works. We screen thousands of mid-size accounts and keep only the genuinely mirror-able ones — most “top traders” are market-makers or bots you can’t copy, so this list is deliberately short.

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PM Traders — top Polymarket wallets

Most profitable Polymarket wallets by lifetime profit, each tagged with its style — is the edge copyable directional betting, or uncopyable market-making / accumulation? Plus edge (profit per $ traded) and how much volume is invisible to the public trade feed. Click any row for the wallet X-Ray. Note: Polymarket has no account-value history, so a true return-on-equity Sharpe isn’t possible; the honest efficacy signals (all on each wallet’s X-Ray) are profit-per-$-traded (edge), drawdown-on-profit + return/drawdown, and PnL-curve smoothness.

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Feed blind-spots deep dive — invisible-volume dashboard · corrected leaderboard · maker-grid radar

Invisible-volume dashboard

Live breakdown of how much top-wallet dollar flow never hits the public trade feed.

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Corrected leaderboard — ranked by invisible volume

The wallets the public leaderboards most under-describe. Filter by class.

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Maker-grid radar — invisible maker fills, live

Wallets currently running grids with holdings that have no visible trades.

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Polymarket Research — where PM edge still lives

Which Polymarket categories, styles and wallets are still copyable-profitable vs decayed into uncopyable market-making — aggregated from every wallet we score. Hyperliquid has its own Research page.

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Dead-edge map — what does NOT work

Months of shadow-sim, so you skip the tuition. Realized economics of the strategies that look good and lose.

Fee & rebate calculator

Polymarket taker fee = rate · p · (1−p) · shares. Makers pay zero.

Hyperliquid Research — traders, vaults & smart-money positioning

Population stats for Hyperliquid traders and vaults — how much of the top end is actually copyable — plus where smart money is net positioned by coin. Polymarket has its own Research page.

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Asset viability — which books actually move

Most assets are traps: the book never swings enough to fill. Front-of-queue completion ceiling by asset/timeframe.

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New-market feed — freshly opened crypto Up/Down

Recently opened crypto markets with condition & token IDs (for bots).

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Funding-rate arbitrage — Hyperliquid carry screener

Delta-neutral funding capture: collect a perp’s funding while hedged in spot. Set your costs — the screen ranks liquid assets whose funding clears your break-even hurdle. Trailing, not predictive.

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