0x3e78…0706

How this record was built

This wallet has +$169,465.91 of perpetuals profit across 682 days of public trading, an average of +$248.48 a day. That average hides the shape of it, which is what the rest of this page is about.

They have moved $77.49M of volume to get there, keeping 0.22% 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 19.6% of peak profit, deep enough to be uncomfortable while it is happening. At the worst point they had handed back $33,674.14 of a $171,820.69 peak.

On timing, the longest stretch below a previous high ran 8 months, and they spent 55.4% 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 -$10,456.78. The best week was +$17,496.96.

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 0.94). The lumpier the line, the more the outcome depends on which week a copier happens to start.

59 of 96 weeks finished up, a 61% 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 3.41, Sortino 11.44, Calmar 20.46. 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 98.6% of its peak, a little below its all-time high, so the record is in a mild drawdown right now.