Question 1

How has Portola Strategies done for depositors so far?

Accepted Answer

Blacklight's verdict is 'Caution'. Risk score 86/100, max drawdown 44%, Sharpe 2.34. 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 Portola Strategies's return and TVL?

Accepted Answer

As of 2026-10-23: -30% 30-day APR, $519k total value locked.

Question 3

How risky is Portola Strategies?

Accepted Answer

Risk score 86/100. Worst historical drawdown 44%. Sharpe (return per unit of swing) 2.34.

Question 4

Who runs Portola Strategies?

Accepted Answer

Operator 0xb641dea54ad5efdab234cda2d7d522b2e0330852, keeping 93.3% of the vault in their own money and taking 10% commission on profits.

Vault address	0x0d294c5cbd3895d23b6720607e86fa4911103e26
Operator	0xb641dea54ad5efdab234cda2d7d522b2e0330852

Verdict	Caution
30-day APR	-30%
TVL	$519k
Risk score	86/100
Max drawdown	44%
Sharpe	2.34
Operator own money	93.3%
Commission	10%
Depositors	35