Question 1

Is Realist Capital a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Avoid'. Risk score 93/100, max drawdown 66%, Sharpe 1.18. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is Realist Capital's return and TVL?

Accepted Answer

As of 2026-10-11: -1% 30-day APR, $144k total value locked.

Question 3

How risky is Realist Capital?

Accepted Answer

Risk score 93/100. Worst historical drawdown 66%. Sharpe (return per unit of swing) 1.18.

Question 4

Who runs Realist Capital?

Accepted Answer

Operator 0x288ed4efc8fbd1e42a06fe083ea942d20c90b336, keeping 52.5% of the vault in their own money and taking 10% commission on profits.

Vault address	0x77fee2df7bad4f1db93052fa82bf78eaab771a16
Operator	0x288ed4efc8fbd1e42a06fe083ea942d20c90b336

Verdict	Avoid
30-day APR	-1%
TVL	$144k
Risk score	93/100
Max drawdown	66%
Sharpe	1.18
Operator own money	52.5%
Commission	10%
Depositors	100