Public sample deliverable / independent evidence
Hyperliquidity Provider (HLP) Integrity Review
A source-labeled example of the evidence, caveats, unresolved questions, and monitoring gates included in a paid VaultVision review.
Sample - not commissionedLive public data. Updated Oct 15, 2026 13:00 UTC. This page is not an allocation recommendation.
Overall confidenceLimited
History coverage145 checked points / 1253 days
PnL freshness40 minutes old
Decision statusResearch first
01 / Executive read
What this evidence supports
Sample conclusionProtocol-wide HLP position scope is not verified. This sample cannot establish an allocation verdict or complete leverage and concentration assessment. Return history status: trusted. Resolve missing evidence before acting.
02 / Evidence table
Observed values with their limits attached
| Metric | Observed | Source | Window | Confidence | Interpretation |
|---|---|---|---|---|---|
| TVL | $179.9M | Hyperliquid vaultDetails | Current | Limited | Scale and capacity context; not a liquidity guarantee. |
| 30-day return | +0.3% | Deposit-neutral pnlHistory | 30 days | Medium | Interval PnL / prior equity estimate; not an exact individual depositor return. |
| 90-day return | +1.0% | Deposit-neutral pnlHistory | 90 days | Medium | Longer comparison window; incomplete coverage stays unavailable. |
| 30-day max drawdown | Unavailable | Legacy daily analytics | 30 days | Limited | Stored daily drawdown is not tied to the current source receipt. |
| Risk score | 10/100 | VaultVision Risk Engine | Latest daily score | Medium | Model output, not a probability of loss. |
| Gross exposure | Unavailable | Hyperliquid clearinghouse state | Current snapshot | Limited | Aggregate HLP position scope is not verified. |
| Effective leverage | Unavailable | VaultVision derived from state | Current snapshot | Limited | A partial book cannot establish protocol-wide leverage. |
| Top position | Unavailable | VaultVision position aggregation | Current snapshot | Limited | A partial book cannot establish protocol-wide concentration. |
| Net flow | +$85K | VaultVision rolling flow estimate | Latest 24h | Medium | Vault-level estimate; not an individual transfer. |
| Deposit state | protocol_open | Hyperliquid preflight | Last checked state | Medium | Must be revalidated immediately before any action. |
03 / Data integrity
Can the performance path be compared?
PnL series145 checked points / 1253 days
Return basisDeposit-neutral pnlHistory
Source receiptrecorded
Returns compound interval PnL divided by prior equity. This removes balance changes from the numerator, but intraperiod deposit and withdrawal timing is not available: results are estimates, not exact investor returns. Source receipts describe the selected window and any explicit rebasing. Legacy histories without a receipt cannot be replayed from their original source.
04 / Terms and coverage
Known terms, known gaps
Redemption / lockup4 days
Leader commission0.0%
Evidence coverage{"positions": "real", "flows": "estimated", "realized_pnl": "real", "whales": "real", "metric_state": {"pnl": "real", "flow": "estimated", "whales": "real", "risk": "real", "positions": "real"}}
05 / Risk register
What remains unresolved
Evidence gaps
- Current exposure is a snapshot, not a complete historical position ledger.
- Slippage and execution quality are not fully attributable from public state alone.
- Deposit capacity and terms can change after this review timestamp.
Decision risks
- Headline APR can move faster than the underlying risk window.
- Concentrated inventory or leverage can make historical drawdown a weak stress proxy.
- Protocol-vault behavior should not be treated as manager-vault behavior.
06 / Monitoring plan
Triggers worth escalating
Flow and capacity
- Rolling 24h outflow exceeds 5% of TVL.
- Deposit status or available capacity changes.
- TVL moves enough to invalidate current sizing assumptions.
Risk and exposure
- Risk score rises by 10 or more points.
- Drawdown breaks the decision-specific loss gate.
- Leverage, concentration, or liquidation-risk band materially worsens.
07 / Next action
Turn the sample into your decision brief
A commissioned review starts with one vault and one explicit decision. VaultVision confirms scope before invoicing, delivers the evidence record within three business days, and separates independent data from any manager-provided context.