Question 1

Is Pulse@Evo-α a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Avoid'. Risk score 26/100, max drawdown 23%, Sharpe -0.49. It does NOT clear our copy-worthiness bar — see the risk and operator figures before depositing.

Question 2

What is Pulse@Evo-α's return and TVL?

Accepted Answer

As of 2026-06-13: 94% 30-day APR, $103k total value locked.

Question 3

How risky is Pulse@Evo-α?

Accepted Answer

Risk score 26/100. Worst historical drawdown 23%. Sharpe (return per unit of swing) -0.49.

Question 4

Who runs Pulse@Evo-α?

Accepted Answer

Operator 0x22a60014…, keeping 90.2% of the vault in their own money and taking 10% commission on profits.

Verdict	Avoid
30-day APR	94%
TVL	$103k
Risk score	26/100
Max drawdown	23%
Sharpe	-0.49
Operator own money	90.2%
Commission	10%
Depositors	20