Hyperliquid’s Trading Vault Performance: Evaluating Manager Track Records and Selecting Best-Performing Strategies
Hyperliquid’s trading vaults represent a distinct mechanism within its ecosystem: a portfolio manager uploads a strategy, real-time capital follows, and the manager earns a performance fee while vault depositors receive the net-of-fee returns. The apparent simplicity masks several evaluation problems that differ substantially from traditional fund tracking. A manager’s historical performance reflects execution during specific …
