0x1962…a4f9

How this record was built

This wallet has +$707,087.88 of perpetuals profit across 185 days of public trading, an average of +$3,822.10 a day. That average hides the shape of it, which is what the rest of this page is about.

They have moved $139.46M of volume to get there, keeping 0.51% of everything they traded. That is a thin margin, so this record depends on getting filled close to the price they wanted. Copying at a worse price eats into a return this fine faster than it would a chunkier one.

What the losing stretches look like

The worst drop on this record is 57.7% of peak profit, severe, and the kind of stretch most people stop copying in the middle of. At the worst point they had handed back $464,443.20 of a $804,603.46 peak.

On timing, the longest stretch below a previous high ran 6 weeks, and they spent 46.0% of the record below a previous high. A copier joining at the wrong moment lives through that stretch from the start, with none of the gains that came before it to sit on.

Their worst single week was -$170,732.59. The best week was +$229,007.57.

How steady the returns are

Over the last 90 days the equity curve is close to a straight line, so recent results have been arriving at a fairly even rate (R² 0.82). The lumpier the line, the more the outcome depends on which week a copier happens to start.

20 of 25 weeks finished up, a 80% hit rate. More weeks win than lose, which tends to be easier to hold on to than a record built from a few large winners.

Risk-adjusted, weekly: Sharpe 4.78, Sortino 22.70, Calmar 1000.00. These compare return against how bumpy the ride was, so a high return with a rough curve scores worse than the headline suggests.

Where the record stands today

Cumulative profit sits at 87.9% of its peak, a little below its all-time high, so the record is in a mild drawdown right now.