# Hyperliquid audit: 0x4c0846...5ff3

Canonical: https://app.fiatbear.com/audit/hyperliquid/wallet/0x4c08465f4d0fdbf117111e11eda93729d8305ff3

Snapshot: https://app.fiatbear.com/audit/hyperliquid/2026-09-26-031231/0x4c08465f4d0fdbf117111e11eda93729d8305ff3.md

Outcome: **Not suitable for FiatBear copying**

Wallet: `0x4c08465f4d0fdbf117111e11eda93729d8305ff3`

- Deep-audit rank: 154
- Account value at audit: $369,229
- 30d leaderboard return: +8.9%
- All-time return: +693.9%
- 30d drawdown: 12 %
- Account age: 1213 days
- Trading pace: 2 fills/day
- Copyable fills: 0 %
- Top markets: Not available

## 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 | 1213 days | ≥ 90 days | Passed | Longer public history makes the wallet's behavior easier to evaluate. |
| 30-day drawdown | 12.3% | ≤ 30% | Passed | FiatBear measures recent strategy loss from cumulative PnL so deposits and withdrawals cannot mask or create drawdown. |
| 90-day drawdown | 19.68% | ≤ 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 | 1 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| Recent activity | 26.2 days | ≤ 7 days | Did not fit | A stale wallet may no longer represent an active strategy. |
| Trading frequency | 2 fills/day | ≤ 200 fills/day | Passed | Extremely frequent trading cannot be mirrored reliably at FiatBear's copy latency. |
| Uncopyable market share | 100% | ≤ 50% | Did not fit | The wallet needs to trade mostly markets FiatBear can mirror. |
| Exits that leave dust open | Not evaluated | ≤ 20% | Not evaluated | Evaluated from 5 exits; this wallet had 0. |
| Typical holding period | Not reliably available | ≥ 15 minutes | Inconclusive | Not settled yet: needs at least 5 positions, and most open positions have not been held long enough to count either way. |

## Why this result

inactive (26d since last fill)

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/0x4c08465f4d0fdbf117111e11eda93729d8305ff3)
- [Open the complete dated audit](https://app.fiatbear.com/audit/hyperliquid/2026-09-26-031231.md)

Evaluated 2026-09-26 03:12 UTC using rules `hl-scout-v3`. Not investment advice. Past performance does not guarantee future results.