Hyperliquid vault diligence before capital goes in.

A compact allocator memo for comparing HLP and leader vaults by manager risk, drawdown, exposure, capacity, flow, and entry timing instead of chasing headline APR.

Allocator questions answered in risk order

Hyperliquid vault diligence

Universe5-10Candidate vaults plus HLP benchmark.

RiskDDDrawdown, leverage, exposure, and manager behavior.

FlowtapeWhale deposits, exits, and TVL pressure.

OutputmemoAvoid / watch / consider labels plus review call.

01Problem

Vaults look like yield, but they are delegated trading risk.

APR is not enough. The real question is whether the manager, path, size, exposure, and timing fit the capital.

02Workflow

Screen the universe, benchmark against HLP, then ask sharper questions.

VaultVision turns live state into a short diligence read, so the human conversation starts above the obvious basics.

03Product

A high-touch memo first. Automation only after the memo proves useful.

The wedge is not generic subscription software. It is a useful, paid, decision-grade research loop.

Suggested one-week pilot small scope, clear output

Memo spec

Item	Deliverable
Vault set	5-10 Hyperliquid vaults selected by the allocator or by VaultVision screen.
Benchmark	HLP plus peer leader vaults for scale, path, and risk context.
Risk read	Drawdown, capacity, flow, manager behavior, deposit state, and obvious red flags.
Memo	Avoid / watch / consider labels with short evidence notes and caveats.
Call	One review call to pressure-test what is useful, missing, or worth automating.

Pilot question
what changed?
what breaks?

Send a vault list or an allocation question. VaultVision returns a compact read on what deserves capital, what deserves a watchlist, and what deserves no touch.

Memo format closer to a desk note than a landing page

Pilot output

universeHLP + selected leader vaults + one or two high-APR traps

classificationavoid / watch / consider

evidenceTVL, flow, drawdown, exposure, deposit state, and peer context

commercial_test$500-$1,500 depending on depth and number of vaults