# Hyperliquid audit: 0xb854f7...f33b

Canonical: https://app.fiatbear.com/audit/hyperliquid/wallet/0xb854f7f40f0f3e1801fb6d8828b6f6dd97ebf33b

Snapshot: https://app.fiatbear.com/audit/hyperliquid/2026-09-24-114633/0xb854f7f40f0f3e1801fb6d8828b6f6dd97ebf33b.md

Outcome: **Passed FiatBear's checks**

Wallet: `0xb854f7f40f0f3e1801fb6d8828b6f6dd97ebf33b`

- Deep-audit rank: 56
- Account value at audit: $193,864
- 30d leaderboard return: +7.2%
- All-time return: +315.4%
- 30d drawdown: 0 %
- Account age: 658 days
- Trading pace: 28.5 fills/day
- Copyable fills: 100 %
- Top markets: SOL, ETH, BTC

[View trader](https://app.fiatbear.com/trader/0xb854f7f40f0f3e1801fb6d8828b6f6dd97ebf33b.md)

## Copyability checks

The published `hl-scout-v3` result is authoritative for this snapshot. These checks describe compatibility with FiatBear's copying constraints, not future performance.

| Check | Observed | Requirement | Result | Note |
|---|---:|---:|---|---|
| Account history | 658 days | ≥ 90 days | Passed | Longer public history makes the wallet's behavior easier to evaluate. |
| 30-day drawdown | 0.43% | ≤ 30% | Passed | FiatBear measures recent strategy loss from cumulative PnL so deposits and withdrawals cannot mask or create drawdown. |
| 90-day drawdown | 0.51% | ≤ 40% | Passed | A longer look back catches large losses that fall just outside the last 30 days. |
| Effective leverage | 0x | ≤ 10x | Passed | Open position size relative to the whole account at audit time. High leverage leaves little room before liquidation. |
| Recent fills | 834 fills | > 0 fills | Passed | Recent fills are required to evaluate current trading behavior. |
| Liquidations (30 days) | 0 fills | ≤ 0 fills | Passed | A wallet that was liquidated recently took more risk than its account could carry. |
| Recent activity | 0.7 days | ≤ 7 days | Passed | A stale wallet may no longer represent an active strategy. |
| Trading frequency | 28.5 fills/day | ≤ 200 fills/day | Passed | Extremely frequent trading cannot be mirrored reliably at FiatBear's copy latency. |
| Uncopyable market share | 0% | ≤ 50% | Passed | The wallet needs to trade mostly markets FiatBear can mirror. |
| Exits that leave dust open | 0% | ≤ 20% | Passed | A trader who shrinks a position to a sliver instead of closing it keeps the copy open, and later trades on that coin can be missed. |
| Typical holding period | 40.9 minutes | ≥ 15 minutes | Passed | Median holding time; positions still open at the start or end of the window count at their minimum length. |

## Why this result

Passed FiatBear's copyability checks.

The wallet met FiatBear's public-data thresholds for history, 30-day and longer-window drawdown, leverage, liquidations, recency, pace, holding behavior, clean exits, and asset coverage at this evaluation.

- [Inspect public wallet data](https://hypurrscan.io/address/0xb854f7f40f0f3e1801fb6d8828b6f6dd97ebf33b)
- [Open the complete dated audit](https://app.fiatbear.com/audit/hyperliquid/2026-09-24-114633.md)

Evaluated 2026-09-24 11:46 UTC using rules `hl-scout-v3`. Not investment advice. Past performance does not guarantee future results.