VaultVision
Live Hyperliquid vault comparison

HLP vs Realist Capital

A current diligence comparison of the native HLP benchmark and Realist Capital, without treating APR or one score as a permanent winner.

Protocol benchmark

Hyperliquidity Provider (HLP)

TVL$223.4M
APR+0.2%
30D-0.0%
Max DD0.0%
Risk12/100
EntryNeutral 43
Depositsat_cap
View vault detail
Leader vault

Realist Capital

TVL$491K
APR+279.5%
30D+41.9%
Max DD8.8%
Risk60/100
EntryGood Entry 70
Depositsopen
View vault detail
What differs now

Read the trade-off, not a winner

  • HLP currently has the larger TVL ($223.4M versus $491K).
  • HLP has the lower current VaultVision risk score; the scores are 12 and 60 respectively.
  • HLP has the shallower current 30-day max drawdown; recheck the full path before treating that snapshot as stable.
  • Realist Capital adds manager and strategy-specific exposure; HLP is the native protocol market-making benchmark.

Checked Jul 28, 2026 22:40 UTC. Metrics render from the current VaultVision backend snapshot; no performance value is hard-coded into this page.