Question 1

Is Shogun Rising a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Avoid'. Risk score 29/100, max drawdown 24%, Sharpe -1.57. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is Shogun Rising's return and TVL?

Accepted Answer

As of 2026-07-29: -5% 30-day APR, $51k total value locked.

Question 3

How risky is Shogun Rising?

Accepted Answer

Risk score 29/100. Worst historical drawdown 24%. Sharpe (return per unit of swing) -1.57.

Question 4

Who runs Shogun Rising?

Accepted Answer

Operator 0x8a5f2204…, keeping 100.0% of the vault in their own money and taking 10% commission on profits.

Verdict	Avoid
30-day APR	-5%
TVL	$51k
Risk score	29/100
Max drawdown	24%
Sharpe	-1.57
Operator own money	100.0%
Commission	10%
Depositors	2