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 Jul 17, 2026 02:28 UTC. This page is not an allocation recommendation.
Overall confidenceMedium
History coverage2697 coherent points / 1163 days
Source freshness10 minutes old
Decision statusReview-ready
01 / Executive read
What this evidence supports
Sample conclusionHLP has enough source coverage for a structured first-pass review. Current metrics can support risk triage and monitoring design, but they do not remove execution, regime, liquidation, or rapidly changing exposure risk. Revalidate the live vault immediately before acting.
02 / Evidence table
Observed values with their limits attached
| Metric | Observed | Source | Window | Confidence | Interpretation |
|---|---|---|---|---|---|
| TVL | $252.4M | Hyperliquid vaultDetails | Current | Medium | Scale and capacity context; not a liquidity guarantee. |
| Headline APR | -0.0% | Hyperliquid vault metadata | Annualized current estimate | Medium | Useful only beside drawdown and return path. |
| 30-day return | +5.8% | Deposit-neutral pnlHistory | 30 days | Medium | Return path excludes account-value deposit noise. |
| 90-day return | Deposit-neutral pnlHistory | 90 days | Medium | Longer comparison window; history coverage still matters. | |
| 30-day max drawdown | 11.0% | VaultVision derived from pnlHistory | 30 days | Medium | Path risk before any allocation decision. |
| Risk score | 41/100 | VaultVision Risk Engine | Latest daily score | Medium | Model output, not a probability of loss. |
| Gross exposure | $8.0M | Hyperliquid clearinghouse state | Current snapshot | Medium | Snapshot can change before the next review. |
| Effective leverage | 0.04x | VaultVision derived from state | Current snapshot | Medium | Exposure divided by current vault equity. |
| Top position | 1.0% | VaultVision position aggregation | Current snapshot | Medium | Single-position concentration can dominate path risk. |
| Net flow | +$40.0M | VaultVision rolling flow estimate | Latest 24h | Medium | Vault-level estimate; not an individual transfer. |
| Deposit state | at_cap | Hyperliquid preflight | Last checked state | Medium | Must be revalidated immediately before any action. |
03 / Data integrity
Can the performance path be compared?
PnL series2697 coherent points / 1163 days
Return basisDeposit-neutral pnlHistory
Canonical qualityfull / api
VaultVision ingests one coherent Hyperliquid PnL window and does not combine day, week, month, and all-time series. Returns and drawdown use deposit-neutral PnL history; account-value changes caused by deposits are not treated as strategy alpha.
04 / Terms and coverage
Known terms, known gaps
Redemption / lockupConfirm against current Hyperliquid terms
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.