0xbed0…1923

How this record was built

This wallet has +$188,311.89 of perpetuals profit across 94 days of public trading, an average of +$2,003.32 a day. That average hides the shape of it, which is what the rest of this page is about.

They have moved $8.19M of volume to get there, keeping 2.30% of everything they traded. That is a healthy margin per dollar traded, which leaves more room for the slippage and fees a copier picks up.

What the losing stretches look like

The worst drop on this record is 34.6% of peak profit, deep enough to be uncomfortable while it is happening. At the worst point they had handed back $73,315.28 of a $211,930.15 peak.

On timing, the longest stretch below a previous high ran 8 weeks, and they spent 82.1% 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 -$60,598.78. The best week was +$90,764.62.

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

9 of 12 weeks finished up, a 75% 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 4.28, Sortino 15.86, Calmar 728.94. 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 88.9% of its peak, a little below its all-time high, so the record is in a mild drawdown right now.