Question 1

How has Wonderland done for depositors so far?

Accepted Answer

Blacklight's verdict is 'Avoid'. Risk score 100/100, max drawdown 65%, Sharpe 1.14. 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 Wonderland's return and TVL?

Accepted Answer

As of 2026-11-04: 149% 30-day APR, $140k total value locked.

Question 3

How risky is Wonderland?

Accepted Answer

Risk score 100/100. Worst historical drawdown 65%. Sharpe (return per unit of swing) 1.14.

Question 4

Who runs Wonderland?

Accepted Answer

Operator 0x228ed7bff391e92ba3ddcbcda8db7a0134ef2587, keeping 99.8% of the vault in their own money and taking 10% commission on profits.

Vault address	0x9a88dd4eacc3aa561c4f50ec66bcede831bec813
Operator	0x228ed7bff391e92ba3ddcbcda8db7a0134ef2587

Verdict	Avoid
30-day APR	149%
TVL	$140k
Risk score	100/100
Max drawdown	65%
Sharpe	1.14
Operator own money	99.8%
Commission	10%
Depositors	54