High returns are easy to find. Copyable behavior isn't.
We put 100 top-scoring leaderboard candidates through FiatBear's deep audit. 18 passed. The report classified 80 as not suitable for FiatBear's polling-based copying constraints and 2 as inconclusive. That is not a claim that any of them are bad traders.
Returns backed by behavior we can actually follow
0xe392e9...db2b
audit #17
Passed FiatBear's copyability checks.
0x744a26...bbd0
audit #28
Passed FiatBear's copyability checks.
0x8be0b9...326c
audit #31
Passed FiatBear's copyability checks.
0x4594d0...3e01
audit #35
Passed FiatBear's copyability checks.
0x0e531c...5ef3
audit #44
Passed FiatBear's copyability checks.
0x810ab8...e29f
audit #55
Passed FiatBear's copyability checks.
0x049db0...c838
audit #57
Passed FiatBear's copyability checks.
0xc0a7ab...3362
audit #64
Passed FiatBear's copyability checks.
0x637fed...0ef0
audit #66
Passed FiatBear's copyability checks.
0x1c159c...a939
audit #69
Passed FiatBear's copyability checks.
0x8787e1...eeed
audit #74
Passed FiatBear's copyability checks.
0xeb9966...2253
audit #81
Passed FiatBear's copyability checks.
0xb27bba...999b
audit #85
Passed FiatBear's copyability checks.
0xcac1f1...dae8
audit #88
Passed FiatBear's copyability checks.
0x058985...31bc
audit #90
Passed FiatBear's copyability checks.
0x8a0cd1...7914
audit #92
Passed FiatBear's copyability checks.
0xcc58ac...7f59
audit #96
Passed FiatBear's copyability checks.
0xdbbb9b...6df9
audit #99
Passed FiatBear's copyability checks.
The leaderboard number wasn't the whole story
0x9ffe35...1c16
audit #2
Drawdown above 30%: month drawdown 42%.
0xb2a940...658f
audit #6
Mostly spot or DEX assets: mostly spot/dex assets (100% of fills).
0x06ecb2...0b19
audit #8
Less than 90 days of history: account too young (12d).
0x6da771...27b9
audit #3
No recent activity: inactive (8d since last fill).
0x0f7a45...7c04
audit #30
Too fast for polling-based copying: HFT-like (853 fills/day, uncopyable at our polling latency).
0xc0de1b...1691
audit #1
Holding period too short: holding period too short (median 4m).
Most rejections came from four measurable constraints
Copying adds constraints the original trader never had
A large return can hide a path most followers would not tolerate or survive.
A trader making hundreds of fills per day can move before a polling-based copier sees the change.
Spot and DEX-only activity cannot be reproduced by FiatBear's Hyperliquid perpetuals copier.
A short winning run gives less evidence than behavior that held up over several market regimes.
Reproducible, dated, and deliberately narrow
Evaluated 2026-08-14 14:03 UTC using rules hl-scout-v1.
The scout first filtered public Hyperliquid leaderboard data for account range, profitability, turnover, and edge. It then checked public portfolio and fill history for age, drawdown, recency, pace, holding behavior, and asset coverage.