Question 1

Is [ Systemic Strategies ] L/S Grids a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Caution'. Risk score 41/100, max drawdown 29%, Sharpe 0.66. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is [ Systemic Strategies ] L/S Grids's return and TVL?

Accepted Answer

As of 2026-10-11: -19% 30-day APR, $9.3M total value locked.

Question 3

How risky is [ Systemic Strategies ] L/S Grids?

Accepted Answer

Risk score 41/100. Worst historical drawdown 29%. Sharpe (return per unit of swing) 0.66.

Question 4

Who runs [ Systemic Strategies ] L/S Grids?

Accepted Answer

Operator 0x2b804617c6f63c040377e95bb276811747006f4b, keeping 7.2% of the vault in their own money and taking 10% commission on profits.

Vault address	0x07fd993f0fa3a185f7207adccd29f7a87404689d
Operator	0x2b804617c6f63c040377e95bb276811747006f4b

Verdict	Caution
30-day APR	-19%
TVL	$9.3M
Risk score	41/100
Max drawdown	29%
Sharpe	0.66
Operator own money	7.2%
Commission	10%
Depositors	100