Question 1

Is Realist Capital a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Caution'. Risk score 70/100, max drawdown 48%, Sharpe 1.22. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is Realist Capital's return and TVL?

Accepted Answer

As of 2026-07-28: 335% 30-day APR, $512k total value locked.

Question 3

How risky is Realist Capital?

Accepted Answer

Risk score 70/100. Worst historical drawdown 48%. Sharpe (return per unit of swing) 1.22.

Question 4

Who runs Realist Capital?

Accepted Answer

Operator 0x77fee2df…, keeping 32.8% of the vault in their own money and taking 10% commission on profits.

Verdict	Caution
30-day APR	335%
TVL	$512k
Risk score	70/100
Max drawdown	48%
Sharpe	1.22
Operator own money	32.8%
Commission	10%
Depositors	100