Question 1

Is KARAVELA VAULTS a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Caution'. Risk score 18/100, max drawdown 11%, Sharpe 0.63. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is KARAVELA VAULTS's return and TVL?

Accepted Answer

As of 2026-10-11: 32% 30-day APR, $217k total value locked.

Question 3

How risky is KARAVELA VAULTS?

Accepted Answer

Risk score 18/100. Worst historical drawdown 11%. Sharpe (return per unit of swing) 0.63.

Question 4

Who runs KARAVELA VAULTS?

Accepted Answer

Operator 0x0483797d914cf3a104b16a4c277c8f43fe484008, keeping 50.0% of the vault in their own money and taking 10% commission on profits.

Vault address	0x8825e6ed11c7f9c0874579c9f4bba192b9e81c8f
Operator	0x0483797d914cf3a104b16a4c277c8f43fe484008

Verdict	Caution
30-day APR	32%
TVL	$217k
Risk score	18/100
Max drawdown	11%
Sharpe	0.63
Operator own money	50.0%
Commission	10%
Depositors	30