Hyperliquid trader rankings

Why this ranking differs from the Hyperliquid leaderboard

A public leaderboard sorted by PnL or ROI selects for position size and survivorship. The wallets at the top are frequently the ones that took the most leverage and have not yet been liquidated, and the accounts that were destroyed reaching for the same return are simply absent from the list. Sorting by outcome over a short window measures luck and exposure at least as much as skill.

This ranking applies floors before it applies order. An address must show enough closed trades and enough history for its metrics to mean something, and the score penalises the return profile that precedes a blow-up — a high win rate carried by occasional oversized losses. The reasoning is set out in why raw Hyperliquid leaderboards are misleading.

What gets an address published here

A trader page is only published — and only allowed into search indexes — when the snapshot shows at least 21 days of measured on-chain fill history, at least 50 closed trades in that window, measurable account equity, and a snapshot recorded in the last 24 hours. Addresses that clear the scoring floors but not the data floors still appear in the table above; their pages carry a data warning and stay out of the index until the history deepens.

Rankings change, and that is the point

Edge decays. An address that ranks first this month can still lose its place, but not because someone else scored higher — the Elite Top 10 is a sticky basket, and only accumulated soft-issue strikes (thin activity, elevated jump-adjusted drawdown, weak 30-day ROI; at most one strike per day, three strike-days to replace) or an emergency condition trigger a change. This is why the ranking is a live snapshot rather than a hall of fame.