0xed79…e4c1

How this record was built

This wallet has +$181,984.70 of perpetuals profit across 171 days of public trading, an average of +$1,064.24 a day. That average hides the shape of it, which is what the rest of this page is about.

They have moved $7.40M of volume to get there, keeping 2.46% 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 58.4% 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 $115,675.87 of a $198,129.78 peak.

On timing, the longest stretch below a previous high ran 3 months, and they spent 78.2% 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 -$39,360.11. The best week was +$78,305.96.

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

13 of 23 weeks finished up, a 57% 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 2.39, Sortino 8.23, Calmar 38.59. 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 91.8% of its peak, a little below its all-time high, so the record is in a mild drawdown right now.