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Hyperliquid Vault Intel

Every depositable vault on Hyperliquid, ranked and scored. Click a row for leader skill, depositor concentration, liquidation history, and HyperEVM context. Select multiple rows to build a portfolio. Data from the Pinax Token API.

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Read this before depositing. Following a vault leader means trusting them with capital you can lose in full. Survivorship bias is severe — top-30-day leaders are often this quarter's blow-ups. Look for 12+ month track records, healthy redemption pressure (< 0.30), diversified depositors, and clean liquidation history. Realistic outcomes for a good vault: +5–60% / year, -30 to -50% in a bad year. This page is research — it does not execute trades, custody funds, or give financial advice. Deposits happen on Hyperliquid's L1, not here.

Vaults tracked

—

Combined TVL

—

current pool

Total depositors

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across all vaults

Healthy vaults

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redemption < 30%

How to read this dashboard

In 30 seconds: pick 3–5 vaults with green redemption badges, net flow > 0, and 20+ depositors. Click a row to see leader skill + recent liquidations. Use the Smart picks below to start from a curated set, or check the boxes on rows to build your own portfolio. Then click Deposit on Hyperliquid — the deposit happens on HL's site, not here.

How to read each column

AUM	Lifetime deposits in USDC — gross capital ever put in. Big number ≠ big current pool (see Net Flow).
Net Flow	Deposits − Withdrawals. Positive = capital is still arriving. Negative = vault is draining.
Distributed	USDC returned to depositors as PnL distributions. The honest "did the leader actually make money for followers?" number.
Depositors	Unique addresses that have deposited. Higher = more diversified holder base, harder for one whale to pull the rug.
Redemption	Withdrawals ÷ Deposits. < 30% healthy · 30–70% watch · > 70% people are leaving fast.
Fee	Leader's lifetime commissions as a % of deposits. Sane = 1–5%. > 10% means the leader has been extracting heavily.
Last Act	When the leader last did anything on-chain in this vault. Stale (> 14d) = either coasting or abandoned.

What you get when you click a row

Quality score (0–100) — composite: 40% leader skill, 25% low redemption, 20% diversified depositors, 15% sane fee. > 70 = high quality, < 35 = avoid.
Leader profile — composite skill score, realized PnL, lifetime trading volume, lifetime liquidation count.
30-day liquidations — Clean (0) / Some (1–4) / Recent (5+). The strongest near-term risk signal.
Top depositors — full addresses + share %. If one address owns > 50%, that's a concentration risk.
Leader on HyperEVM — what the leader's wallet looks like on HL's EVM sidechain (native HYPE + ERC-20s). A leader with $2M idle has more skin in the game than one with $50.

Building a portfolio

Check the box on 2+ vault rows — composer slides up at the bottom.
Drag the sliders to allocate. Auto-rebalance to equal weight with the button.
Goal: 3–5 vaults, all with green redemption, low correlation (different coin focus is a proxy).
Click "Open all on Hyperliquid" — fires one tab per vault.

	Vault / Leader	APR	TVL ▼	Net Flow	Depositors	Redemption	Last Act
⟳ loading vaults…

Frequently asked questions

What's the difference between a vault and copy trading?

Strict copy trading (mirror execution) auto-replicates a trader's trades on your wallet — slippage, latency, position-scaling all introduce drag and risk. Vaults are different: you deposit USDC into a pool the leader manages, daily NAV updates, no per-trade execution needed. Cleaner mechanism. This dashboard surfaces vaults specifically.

Why is the AUM not the current pool size?

"AUM" here is lifetime deposits — every USDC that's ever been deposited. The current pool is deposits − withdrawals − distributions. Use Net Flow to gauge stickiness.

What's a "good" quality score?

The score weights 4 things: leader skill (40%), low redemption (25%), diversified depositors (20%), sane fee (15%). > 70 = high quality, 35–70 = neutral / do more diligence, < 35 = avoid. Quality < 5 depositors → "insufficient data".

Why does the Pinax feed only show legacy vaults?

HL has two vault generations. Legacy HyperCore vaults (2023+, native L1) are what's indexed today. Protocol vaults (new, ERC-4626 on HyperEVM, support perps + spot + HIP-3) are not indexed yet — they'd need a HyperEVM subgraph. As builders launch new vaults via that path, this feed will need a complementary HyperEVM indexer.

Can I deposit from this app?

No — and intentionally so. GA is research / intel only. Clicking Open on Hyperliquid deep-links to HL's own UI where you complete the deposit. We never touch your funds or sign on your behalf.

I'm in the US. Can I use HL vaults?

HL blocks US IPs at the front-end. Many US users access HL via VPN; that's a personal-risk call. Capital gains are still taxable. This dashboard works from anywhere — only the actual deposit on HL is geo-restricted.

How fresh is the data?

Leaderboard refreshes every 5 minutes (server cache). Per-vault detail cached 5 minutes per vault. Pinax refreshes the underlying source roughly hourly for the users/leader stats; vault flow data updates faster.

Where do you get HyperEVM data?

Direct from HL's public RPC (rpc.hyperliquid.xyz/evm) for native HYPE + tx count, and Hyperscan (Blockscout API) for the ERC-20 token list. Free, no auth.

Data: GET /copytrade/data (5-min server cache). Upstream: Pinax Token API /v1/hyperliquid/vaults on the free tier — Pinax operates its own centralized warehouse.
Deep dive: GET /copytrade/vault/<address> on row click — combines vault flows, depositor concentration, leader skill score, and last-30-day liquidation count.
Honest scope: "AUM" = lifetime deposits, not current net AUM. Use Net Flow for stickiness. The portfolio composer is for thinking through allocations — there's no in-app deposit. Each "Deposit" button deep-links to app.hyperliquid.xyz.
Scope: currently showing legacy HyperCore vaults (introduced 2023, native HL L1, perps-only) — the majority of HL vault AUM. HL is rolling out a newer architecture: Protocol vaults (ERC-4626 on HyperEVM, support perps + spot + HIP-3 via CoreWriter). Those aren't in this feed yet — they'll need a HyperEVM subgraph to index.
Not affiliated with Hyperliquid. HL blocks US IPs at the front-end.