Question 1

Is Hyperliquidity Provider (HLP) a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Allocate-worthy'. Risk score 4/100, max drawdown 1%, Sharpe 2.76. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

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

Accepted Answer

As of 2026-07-28: 0% 30-day APR, $223.5M 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) 2.76.

Question 4

Who runs Hyperliquidity Provider (HLP)?

Accepted Answer

Operator 0xdfc24b07…, keeping 0.2% of the vault in their own money and taking 0% commission on profits.

Verdict	Allocate-worthy
30-day APR	0%
TVL	$223.5M
Risk score	4/100
Max drawdown	1%
Sharpe	2.76
Operator own money	0.2%
Commission	0%
Depositors	100