Question 1

How has Hyperliquidity Provider (HLP) done for depositors so far?

Accepted Answer

Blacklight's verdict is 'Allocate-worthy'. Risk score 4/100, max drawdown 1%, Sharpe 2.66. On its record so far it clears our bar (risk-adjusted return, drawdown discipline, track length and operator skin-in-the-game). This describes the record so far; it is not a forecast or a recommendation.

Question 2

What is Hyperliquidity Provider (HLP)'s return and TVL?

Accepted Answer

As of 2026-10-27: 4% 30-day APR, $174.1M total value locked.

Question 3

How risky is Hyperliquidity Provider (HLP)?

Accepted Answer

Risk score 4/100. Worst historical drawdown 1%. Sharpe (return per unit of swing) 2.66.

Question 4

Who runs Hyperliquidity Provider (HLP)?

Accepted Answer

Operator 0x677d831aef5328190852e24f13c46cac05f984e7, keeping 0.2% of the vault in their own money and taking 0% commission on profits.

Vault address	0xdfc24b077bc1425ad1dea75bcb6f8158e10df303
Operator	0x677d831aef5328190852e24f13c46cac05f984e7

Verdict	Allocate-worthy
30-day APR	4%
TVL	$174.1M
Risk score	4/100
Max drawdown	1%
Sharpe	2.66
Operator own money	0.2%
Commission	0%
Depositors	100