Question 1

Is Citadel a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Caution'. Risk score 45/100, max drawdown 29%, Sharpe 1.24. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is Citadel's return and TVL?

Accepted Answer

As of 2026-10-11: -0% 30-day APR, $704k total value locked.

Question 3

How risky is Citadel?

Accepted Answer

Risk score 45/100. Worst historical drawdown 29%. Sharpe (return per unit of swing) 1.24.

Question 4

Who runs Citadel?

Accepted Answer

Operator 0x92d3acdf0484a6a8baf6fe3676b23af7cdbdbc98, keeping 22.4% of the vault in their own money and taking 10% commission on profits.

Vault address	0xda51323fe9800c8365646ad5c7ade0dd17fdc167
Operator	0x92d3acdf0484a6a8baf6fe3676b23af7cdbdbc98

Verdict	Caution
30-day APR	-0%
TVL	$704k
Risk score	45/100
Max drawdown	29%
Sharpe	1.24
Operator own money	22.4%
Commission	10%
Depositors	100