Question 1

How has alpha-032 done for depositors so far?

Accepted Answer

Blacklight's verdict is 'Avoid'. Risk score 100/100, max drawdown 99%, Sharpe -0.75. On its record so far it does NOT clear our bar &mdash; see the risk and operator figures. This describes the record so far; it is not a forecast or a recommendation.

Question 2

What is alpha-032's return and TVL?

Accepted Answer

As of 2026-11-04: 1907% 30-day APR, $111k total value locked.

Question 3

How risky is alpha-032?

Accepted Answer

Risk score 100/100. Worst historical drawdown 99%. Sharpe (return per unit of swing) -0.75.

Question 4

Who runs alpha-032?

Accepted Answer

Operator 0x11eaed910eefa22056ef5d2aefb0d632cc0f6906, keeping 50.6% of the vault in their own money and taking 10% commission on profits.

Vault address	0x7d97f7cb48ecc966d75a746b811ca93f1fd6e7ef
Operator	0x11eaed910eefa22056ef5d2aefb0d632cc0f6906

Verdict	Avoid
30-day APR	1907%
TVL	$111k
Risk score	100/100
Max drawdown	99%
Sharpe	-0.75
Operator own money	50.6%
Commission	10%
Depositors	17