Protocol benchmark
Hyperliquidity Provider (HLP)
TVL$186.6M
APR+2.6%
30D+0.2%
Max DD0.0%
Risk12/100
EntryNeutral 41
Depositsat_cap
Live Hyperliquid vault comparison
HLP vs Black Ops
A current diligence comparison of the native HLP benchmark and Black Ops, without treating APR or one score as a permanent winner.
View vault detail
Leader vault
Black Ops
TVL$1.2M
APR+73.9%
30D+6.2%
Max DD4.4%
Risk41/100
EntryNeutral 61
Depositsopen
What differs now
Read the trade-off, not a winner
- HLP currently has the larger TVL ($186.6M versus $1.2M).
- HLP has the lower current VaultVision risk score; the scores are 12 and 41 respectively.
- HLP has the shallower current 30-day max drawdown; recheck the full path before treating that snapshot as stable.
- Black Ops adds manager and strategy-specific exposure; HLP is the native protocol market-making benchmark.
Checked Aug 19, 2026 16:50 UTC. Metrics render from the current VaultVision backend snapshot; no performance value is hard-coded into this page.