Question 1

Is [ Systemic Strategies ] L/S Grids a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Caution'. Risk score 43/100, max drawdown 30%, Sharpe 1.01. It does NOT clear our copy-worthiness bar — see the risk and operator figures before depositing.

Question 2

What is [ Systemic Strategies ] L/S Grids's return and TVL?

Accepted Answer

As of 2026-06-13: -2% 30-day APR, $5.4M total value locked.

Question 3

How risky is [ Systemic Strategies ] L/S Grids?

Accepted Answer

Risk score 43/100. Worst historical drawdown 30%. Sharpe (return per unit of swing) 1.01.

Question 4

Who runs [ Systemic Strategies ] L/S Grids?

Accepted Answer

Operator 0x07fd993f…, keeping 11.5% of the vault in their own money and taking 10% commission on profits.

Verdict	Caution
30-day APR	-2%
TVL	$5.4M
Risk score	43/100
Max drawdown	30%
Sharpe	1.01
Operator own money	11.5%
Commission	10%
Depositors	100