# Hyperliquid audit: 0x39a04e...80d6

Canonical: https://app.fiatbear.com/audit/hyperliquid/wallet/0x39a04e90140793ec048323284425cd2ff53480d6

Snapshot: https://app.fiatbear.com/audit/hyperliquid/2026-09-24-211904/0x39a04e90140793ec048323284425cd2ff53480d6.md

Outcome: **Not suitable for FiatBear copying**

Wallet: `0x39a04e90140793ec048323284425cd2ff53480d6`

- Deep-audit rank: 33
- Account value at audit: $1,737,321
- 30d leaderboard return: +5.4%
- All-time return: +243%
- 30d drawdown: 15 %
- Account age: 539 days
- Trading pace: 129.3 fills/day
- Copyable fills: 63 %
- Top markets: HYPE, BTC, LIT

## 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 | 539 days | ≥ 90 days | Passed | Longer public history makes the wallet's behavior easier to evaluate. |
| 30-day drawdown | 14.57% | ≤ 30% | Passed | FiatBear measures recent strategy loss from cumulative PnL so deposits and withdrawals cannot mask or create drawdown. |
| 90-day drawdown | 17.73% | ≤ 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 | 3628 fills | > 0 fills | Passed | Recent fills are required to evaluate current trading behavior. |
| Liquidations (30 days) | 3 fills | ≤ 0 fills | Did not fit | A wallet that was liquidated recently took more risk than its account could carry. |
| Recent activity | 1.7 days | ≤ 7 days | Passed | A stale wallet may no longer represent an active strategy. |
| Trading frequency | 129.3 fills/day | ≤ 200 fills/day | Passed | Extremely frequent trading cannot be mirrored reliably at FiatBear's copy latency. |
| Uncopyable market share | 37.07% | ≤ 50% | Passed | The wallet needs to trade mostly markets FiatBear can mirror. |
| Exits that leave dust open | 3.64% | ≤ 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 | 834.4 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

liquidated in the last 30 days (3 liquidation fills)

This is a compatibility judgment about FiatBear's copy constraints, not a claim about the trader's skill, safety, or future performance.

- [Inspect public wallet data](https://hypurrscan.io/address/0x39a04e90140793ec048323284425cd2ff53480d6)
- [Open the complete dated audit](https://app.fiatbear.com/audit/hyperliquid/2026-09-24-211904.md)

Evaluated 2026-09-24 21:19 UTC using rules `hl-scout-v3`. Not investment advice. Past performance does not guarantee future results.