Return since start
0,000Growth from day one to today
BULBUL2DAO vault at a glance
A report card for the BULBUL2DAO vault on Hyperliquid, and a plain explanation of how it tries to make money. Numbers are fetched live from Hyperliquid's public data each time you open this page.
Max drawdown
0,000Deepest fall from a peak
Below peak now
0,000How far below the all-time high
Total deposits
0,000All money deposited by users
Running for
0,000Depositors
0,000per the public list
Recent 0000000000000000000
Returns exclude the effect of deposits and withdrawals (period returns chained together). Hyperliquid provides about 100 data points, so intraday swings are missing and the real drawdown may be deeper.
Cumulative return — start = 1
The most painful stretch
Which coins it holds right now
The coins the vault holds right now and how big each position would get if its resting orders all filled, drawn as bars. Bar length is proportional to the dollar amount (starts at 0).
Current position (black tick)If the adding orders all fill = target (light bar)If the reduce orders all fill = floor (solid bar · green long · orange short)
| Coin | Now | Target (if all added) | Floor (if all reduced) | |
|---|---|---|---|---|
| 0000000000000 | ||||
Small coinsBars were too short above, so they are drawn separately. The scale differs from above (see the end values).
| Coin | Now | Target (if all added) | Floor (if all reduced) |
|---|
How the numbers are counted
Drawn straight from the orders actually resting on the exchange. All amounts use the current price (size x price).
Target = size if every non-reduce-only order (first buys, add-on buys, first sells, add-on sells) fills. Floor = what remains if every reduce-only order fills (it never crosses zero).
Fetched each time you open the page and every 5 minutes while open. These are the vault's own public positions, unrelated to the operator's personal assets.
How is it supposed to make money?
Think of a net set in advance. It does not try to predict price. It places orders that get filled as price moves.
- 1Set a baselineFor each coin, the average of recent prices (twenty 4-hour candles) is the baseline.
- 2Buy as it fallsThe default direction for HYPE is long. As price drops below the baseline, pre-placed buy orders fill one by one, with thicker orders further down.
- 3Sell as it risesWhen price rises, the position is sold off in small pieces by sell orders placed above.
- 4Other coins: the reverseFor other coins, sell (short) orders sit well above the baseline. If a coin that ran up falls back, that is a gain. (Vault description: HYPE Long · Others Short. Details differ per coin.)
- 5A program re-sets it 24 times a day (hourly)No one clicks by hand. A fixed program cancels all open orders 24 times a day (every hour) and places them again for current conditions. AI does not make the trading decisions.
If price falls, the buy orders below fill; if it rises, the sell orders above fill (illustration, not real orders)
See it move
For one coin, HYPE, you can replay how orders fill as price moves up and down. A teaching model, not used for real orders. (The animation is in Korean.)
How the alt-coin shorts work
For alt-coins that have run up a lot, the vault places sell (short) orders. The idea is to buy back for a gain when the coin returns near its baseline. (Structure only; amounts and ratios are adjusted from time to time.)
- 1Pick candidatesAmong actively traded futures coins, ones that have risen far above their baseline are added as short candidates automatically, and dropped once they cool off.
- 2Only above the baselineShort orders go only above the baseline (the 4-hour average), never below. The start sits between the recent short fill price and the current price, a little above the current price so it does not fill instantly.
- 3A staircase of ordersThe range is split into steps, with thicker orders the higher the price goes, so the further it rises the better the average selling price.
- 4A total limitA total amount of shorts that can be added is set in proportion to the size of the long side, minus the shorts already held. To avoid piling into one coin, it is split across at least a few coins and each coin has a cap.
- 5Stop when too stretchedFor a coin far too expensive versus its baseline, adding shorts nearly stops, and stops completely if it stretches further.
- 6Buy back for a gain as it fallsAs price comes back toward the baseline, pre-placed buy-back (reduce) orders fill and lock in the gain. There is no stop-loss. If it does not come down, it waits until the coin returns to the baseline, so unrealised losses can keep growing meanwhile.
If price rises, the short orders above (thicker the higher) fill; as it falls toward the baseline, the buy-back orders fill (illustration, not real orders)
When it loses money
- Prices keep falling. Coins it bought fall too and unrealised losses grow. The drawdown above really happened.
- Shorted coins keep rising. If a coin expected to come back keeps climbing, it loses. There is no stop-loss and it waits for the baseline, so losses can keep growing for a long time.
- Prices barely move. Orders do not fill, so there is little profit.
- Platform or program problems. An outage at Hyperliquid or the order program can stop it behaving as intended.
- Fees. The operator's performance fee of %s comes out of profits.
- Past results do not guarantee future results. You can lose everything you deposit.
How to verify
- The numbers above are fetched by this page straight from Hyperliquid's public data. You can see the same values on the Hyperliquid vault page or Hypurrscan.
- The key used for orders is limited to a permission that cannot withdraw or send funds.
- This page has no personal assets or wallet balances of the operator. Only vault-wide public metrics are shown.