Question 1

Is Winwin a good Hyperliquid vault to copy?

Accepted Answer

Blacklight's verdict is 'Avoid'. Risk score 100/100, max drawdown 100%, Sharpe -0.91. It does NOT clear our bar for being worth copying — see the risk and operator figures before depositing.

Question 2

What is Winwin's return and TVL?

Accepted Answer

As of 2026-10-11: -29% 30-day APR, $139k total value locked.

Question 3

How risky is Winwin?

Accepted Answer

Risk score 100/100. Worst historical drawdown 100%. Sharpe (return per unit of swing) -0.91.

Question 4

Who runs Winwin?

Accepted Answer

Operator 0x49c5bc60d1748296be96d5a2e9ad161bf586812e, keeping 99.8% of the vault in their own money and taking 10% commission on profits.

Vault address	0xa7f152a5f79bb5483c079610203d8fc03fd77c8e
Operator	0x49c5bc60d1748296be96d5a2e9ad161bf586812e

Verdict	Avoid
30-day APR	-29%
TVL	$139k
Risk score	100/100
Max drawdown	100%
Sharpe	-0.91
Operator own money	99.8%
Commission	10%
Depositors	81