Question 1

Is Pulse@Evo-α a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Caution'. Risk score 25/100, max drawdown 22%, Sharpe 0.37. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is Pulse@Evo-α's return and TVL?

Accepted Answer

As of 2026-10-11: 37% 30-day APR, $149k total value locked.

Question 3

How risky is Pulse@Evo-α?

Accepted Answer

Risk score 25/100. Worst historical drawdown 22%. Sharpe (return per unit of swing) 0.37.

Question 4

Who runs Pulse@Evo-α?

Accepted Answer

Operator 0x12b37ace7d1145cdc367347c9f8470eaeb35bdf7, keeping 71.2% of the vault in their own money and taking 10% commission on profits.

Vault address	0x22a60014185f1486afb045219f76e4007fb71e4e
Operator	0x12b37ace7d1145cdc367347c9f8470eaeb35bdf7

Verdict	Caution
30-day APR	37%
TVL	$149k
Risk score	25/100
Max drawdown	22%
Sharpe	0.37
Operator own money	71.2%
Commission	10%
Depositors	40