Question 1

Is TAPTRADE a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Avoid'. Risk score 76/100, max drawdown 91%, Sharpe -0.45. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is TAPTRADE's return and TVL?

Accepted Answer

As of 2026-10-11: 449% 30-day APR, $86k total value locked.

Question 3

How risky is TAPTRADE?

Accepted Answer

Risk score 76/100. Worst historical drawdown 91%. Sharpe (return per unit of swing) -0.45.

Question 4

Who runs TAPTRADE?

Accepted Answer

Operator 0xfe194dc146167a9b54616d7590675bdb5608c689, keeping 74.9% of the vault in their own money and taking 10% commission on profits.

Vault address	0x5f42236dfb81cba77bf34698b2242826659d1275
Operator	0xfe194dc146167a9b54616d7590675bdb5608c689

Verdict	Avoid
30-day APR	449%
TVL	$86k
Risk score	76/100
Max drawdown	91%
Sharpe	-0.45
Operator own money	74.9%
Commission	10%
Depositors	423