# Hyperliquid audit: 0x40c8de...e64b

Canonical: https://app.fiatbear.com/audit/hyperliquid/wallet/0x40c8dec8b3edd2649cd7808f206421d686e8e64b

Snapshot: https://app.fiatbear.com/audit/hyperliquid/2026-10-26-043152/0x40c8dec8b3edd2649cd7808f206421d686e8e64b.md

Outcome: **Insufficient data**

Wallet: `0x40c8dec8b3edd2649cd7808f206421d686e8e64b`

- Deep-audit rank: 82
- Account value at audit: $199,158
- 30d leaderboard return: +9.3%
- All-time return: +169.1%
- 30d drawdown: 6 %
- Account age: 690 days
- Trading pace: 5.7 fills/day
- Copyable volume: 80 %
- Top markets: HYPE

## Copyability checks

The published `hl-scout-v4` 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 | 690 days | ≥ 90 days | Passed | Longer public history makes the wallet's behavior easier to evaluate. |
| 30-day drawdown | 6.38% | ≤ 30% | Passed | FiatBear measures recent strategy loss from cumulative PnL so deposits and withdrawals cannot mask or create drawdown. |
| 90-day drawdown | 5.54% | ≤ 40% | Passed | A longer look back catches large losses that fall just outside the last 30 days. |
| Effective leverage | 0.3x | ≤ 10x | Passed | Open position size relative to the whole account at audit time. High leverage leaves little room before liquidation. |
| Recent fills | 43 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| Recent activity | 0.1 days | ≤ 7 days | Passed | A stale wallet may no longer represent an active strategy. |
| Trading frequency | 5.7 fills/day | ≤ 200 fills/day | Passed | Extremely frequent trading cannot be mirrored reliably at FiatBear's copy latency. |
| Uncopyable market share | 20.1% | ≤ 50% | Passed | The wallet needs to trade mostly markets FiatBear can mirror, measured by traded volume. |
| Exits that leave dust open | 0% | ≤ 20% | Not evaluated | Evaluated from 5 exits; this wallet had 2. |
| Typical holding period | 1739.1 minutes | ≥ 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

holding period not measurable yet (3 positions)

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/0x40c8dec8b3edd2649cd7808f206421d686e8e64b)
- [Open the complete dated audit](https://app.fiatbear.com/audit/hyperliquid/2026-10-26-043152.md)

Evaluated 2026-10-26 04:31 UTC using rules `hl-scout-v4`. Not investment advice. Past performance does not guarantee future results.
