Vault Manager Analytics

How the best qualified Hyperliquid vault managers are positioned right now, how that positioning is changing, how much risk they are taking, and whether capital is flowing in or out. Every position is measured as a share of the manager's own TVL, so a small manager counts as much as a large one.

Cohort

Strategy

Period

Top 50 · Directional · 0 managersLast updated: no data yetMethodology

What changed?

Manager positioning became more bullish over the last 24 hours: mean net exposure moved from +35% to +38% of TVL. BTC exposure rose +2.1pp while HYPE fell -2.0pp. Net capital flow over the selected period was +$2.0M (+13% of starting TVL). Gross exposure decreased by 0.1pp to 47% of TVL.

Market bias

+37.6%

+2.3pp / 24H

Median bias

+10.1%

Gross exposure

47%

0.77x capital leverage

Net flow

$2.0M

+13.5% of TVL

Active managers

1 / 14

7% active (1h)

Cohort TVL

$10.5M

Top vault managers market bias

Manager-weighted net exposure as a share of TVL. Positive is net long, negative is net short. Top 50.

Share on X

Hover the chart

Mean net exposureMedian net exposureGross exposureR — daily rebalancing (00:05 UTC)2026-09-17 → 2026-10-17

Asset positioning

Mean manager exposure per asset, as a share of manager TVL.

Share on X

← Short0Long →

Consensus vs conviction

Hover a bubble for the full breakdown.

Managers added

Largest 24-hour increases in manager-weighted exposure.

BTC+2.1pp
PUMP+1.9pp
TIA+1.6pp
OP+0.3pp
ETH+0.3pp

Managers reduced

Largest 24-hour decreases in manager-weighted exposure.

HYPE−2.0pp
GRASS−0.8pp
STRK−0.8pp
ETC−0.1pp
SOL−0.0pp

Capital flows

Deposits, withdrawals and cumulative net flow for this cohort.

Hover a day for exact amounts.

Deposits Withdrawals Cumulative net

Risk & activity

Are these managers taking more or less risk?

Hover the chart

Mean gross exposureMedian gross exposureMargin utilizationR — daily rebalancing (00:05 UTC)2026-09-17 → 2026-10-17

Full asset table

Asset	Mean exposure	Median	Active mgr exp.	Participation	Long	Short	Long conv.	Short conv.	Capital exp.	1H	24H	7D
BTC	+15.4%	+0.0%	+27.0%	57%	5	3	+50.5%	−12.1%	+53.3%	+0.0pp	+2.1pp	—
ETH	+5.6%	+0.0%	+19.6%	29%	3	1	+27.8%	−4.8%	+9.9%	+0.0pp	+0.3pp	—
HYPE	+2.3%	+0.0%	+10.7%	21%	3	0	+10.7%	—	+6.1%	+0.0pp	−2.0pp	—
BNB	+2.3%	+0.0%	+15.9%	14%	2	0	+15.9%	—	+0.0%	+0.0pp	+0.1pp	—
PAXG	+2.0%	+0.0%	+27.6%	7%	1	0	+27.6%	—	+0.2%	+0.0pp	+0.1pp	—
TIA	+1.7%	+0.0%	+23.1%	7%	1	0	+23.1%	—	+0.1%	+0.0pp	+1.6pp	—
S	+1.5%	+0.0%	+20.2%	7%	1	0	+20.2%	—	+0.1%	+0.0pp	+0.1pp	—
XRP	+1.3%	+0.0%	+9.0%	14%	1	1	+19.3%	−1.4%	−0.1%	+0.0pp	+0.0pp	—
AAVE	+1.1%	+0.0%	+15.9%	7%	1	0	+15.9%	—	+0.0%	+0.0pp	+0.0pp	—
SOL	+1.1%	+0.0%	+5.2%	21%	2	1	+8.6%	−1.7%	−0.1%	+0.0pp	−0.0pp	—
UNI	+1.1%	+0.0%	+7.8%	14%	1	1	+16.7%	−1.2%	+0.1%	+0.0pp	+0.1pp	—
PUMP	+0.7%	+0.0%	+9.5%	7%	1	0	+9.5%	—	+0.0%	+0.0pp	+1.9pp	—
NEAR	+0.6%	+0.0%	+4.5%	14%	2	0	+4.5%	—	+0.8%	+0.0pp	+0.1pp	—
FIL	−0.5%	+0.0%	−7.6%	7%	0	1	—	−7.6%	−0.0%	+0.0pp	+0.1pp	—
ZEC	+0.5%	+0.0%	+6.3%	7%	1	0	+6.3%	—	+0.1%	+0.0pp	+0.0pp	—
RSR	+0.4%	+0.0%	+5.7%	7%	1	0	+5.7%	—	+0.0%	+0.0pp	+0.0pp	—
OP	+0.3%	+0.0%	+4.6%	7%	1	0	+4.6%	—	+0.0%	+0.0pp	+0.3pp	—
LIT	+0.3%	+0.0%	+3.9%	7%	1	0	+3.9%	—	+0.4%	+0.0pp	−0.0pp	—
AERO	+0.2%	+0.0%	+2.4%	7%	1	0	+2.4%	—	+1.6%	+0.0pp	+0.0pp	—
XMR	−0.1%	+0.0%	−1.8%	7%	0	1	—	−1.8%	−0.2%	+0.0pp	+0.0pp	—
BCH	−0.1%	+0.0%	−1.3%	7%	0	1	—	−1.3%	−0.0%	+0.0pp	−0.0pp	—
DOGE	−0.1%	+0.0%	−1.2%	7%	0	1	—	−1.2%	−0.0%	+0.0pp	−0.0pp	—
ETC	−0.1%	+0.0%	−1.2%	7%	0	1	—	−1.2%	−0.0%	+0.0pp	−0.1pp	—
VVV	+0.1%	+0.0%	+1.3%	7%	1	0	+1.3%	—	+0.1%	+0.0pp	−0.0pp	—
DOT	+0.1%	+0.0%	+1.2%	7%	1	0	+1.2%	—	+0.0%	+0.0pp	+0.0pp	—
kSHIB	−0.1%	+0.0%	−1.1%	7%	0	1	—	−1.1%	−0.0%	+0.0pp	−0.0pp	—
ADA	+0.1%	+0.0%	+1.0%	7%	1	0	+1.0%	—	+0.0%	+0.0pp	+0.0pp	—
SUI	−0.1%	+0.0%	−0.9%	7%	0	1	—	−0.9%	−0.1%	+0.0pp	+0.0pp	—
AVAX	+0.0%	+0.0%	+0.3%	14%	1	1	+1.1%	−0.5%	−0.1%	+0.0pp	−0.0pp	—
MET	+0.0%	+0.0%	+0.0%	0%	0	0	—	—	+0.0%	+0.0pp	+0.0pp	—
XPL	−0.0%	+0.0%	+0.0%	0%	0	0	—	—	−0.0%	+0.0pp	−0.0pp	—
TRUMP	−0.0%	+0.0%	+0.0%	0%	0	0	—	—	−0.0%	+0.0pp	−0.0pp	—
INJ	+0.0%	+0.0%	+0.0%	0%	0	0	—	—	+0.0%	+0.0pp	+0.0pp	—
STRK	+0.0%	+0.0%	+0.0%	0%	0	0	—	—	+0.0%	+0.0pp	−0.8pp	—
AZTEC	−0.0%	+0.0%	+0.0%	0%	0	0	—	—	−0.0%	+0.0pp	−0.0pp	—
MON	−0.0%	+0.0%	+0.0%	0%	0	0	—	—	−0.0%	+0.0pp	−0.0pp	—
PYTH	+0.0%	+0.0%	+0.0%	0%	0	0	—	—	+0.0%	+0.0pp	−0.0pp	—
ASTER	−0.0%	+0.0%	+0.0%	0%	0	0	—	—	−0.0%	+0.0pp	+0.0pp	—
GRASS	+0.0%	+0.0%	+0.0%	0%	0	0	—	—	+0.0%	+0.0pp	−0.8pp	—
ZRO	+0.0%	+0.0%	+0.0%	0%	0	0	—	—	+0.0%	+0.0pp	−0.0pp	—