# Hyperliquid audit: 0x0423b4...55bb

Canonical: https://app.fiatbear.com/audit/hyperliquid/wallet/0x0423b4b2acb4f219ae4a270abd5dde2360e455bb

Snapshot: https://app.fiatbear.com/audit/hyperliquid/2026-10-05-075821/0x0423b4b2acb4f219ae4a270abd5dde2360e455bb.md

Outcome: **Not suitable for FiatBear copying**

Wallet: `0x0423b4b2acb4f219ae4a270abd5dde2360e455bb`

- Deep-audit rank: 127
- Account value at audit: $3,073,285
- 30d leaderboard return: +6.1%
- All-time return: +248.7%
- 30d drawdown: 12 %
- Account age: 970 days
- Trading pace: 6.4 fills/day
- Copyable fills: 20 %
- Top markets: CASHCAT, PONS, HYPE

## 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 | 970 days | ≥ 90 days | Passed | Longer public history makes the wallet's behavior easier to evaluate. |
| 30-day drawdown | 12.38% | ≤ 30% | Passed | FiatBear measures recent strategy loss from cumulative PnL so deposits and withdrawals cannot mask or create drawdown. |
| 90-day drawdown | 16.39% | ≤ 40% | Passed | A longer look back catches large losses that fall just outside the last 30 days. |
| Effective leverage | 0.4x | ≤ 10x | Passed | Open position size relative to the whole account at audit time. High leverage leaves little room before liquidation. |
| Recent fills | 188 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| Recent activity | 0.7 days | ≤ 7 days | Passed | A stale wallet may no longer represent an active strategy.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 | 6.4 fills/day | ≤ 200 fills/day | Passed | Extremely frequent trading cannot be mirrored reliably at FiatBear's copy latency. |
| Uncopyable market share | 80.32% | ≤ 50% | Did not fit | 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 | 1059.1 minutes | ≥ 15 minutes | Passed | Median holding time; positions still open at the start or end of the window count at their minimum length. |

## Recent audit history

Passed 0 of last 1 deep audits. Each row is a point-in-time copyability result.

| Evaluated | Result | Reason | Rules | Snapshot |
|---|---|---|---|---|
| 2026-10-05 07:58 UTC | Not suitable | Mostly uncopyable assets | hl-scout-v3 | [Open](https://app.fiatbear.com/audit/hyperliquid/2026-10-05-075821/0x0423b4b2acb4f219ae4a270abd5dde2360e455bb.md) |

## Why this result

mostly spot/dex assets (80% of 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/0x0423b4b2acb4f219ae4a270abd5dde2360e455bb)
- [Open the complete dated audit](https://app.fiatbear.com/audit/hyperliquid/2026-10-05-075821.md)

Evaluated 2026-10-05 07:58 UTC using rules `hl-scout-v3`. Not investment advice. Past performance does not guarantee future results.