FKA - FK Capital Alpha Fund-10.4% in 3 days
Rapid drawdown
-8.9%-19.3%· 3D
Why it matters: Drawdown deepened from 8.9% to 19.3% in 3 days.
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FKA - FK Capital Alpha Fund
0x4a01…1a00 · Manager 0xfd13…4831 · 9mo old
Since inception Jan 14, 2026 · 284 days of returns · Data as of 24 Oct 2026, 06:45 UTC
The objective is to generate alpha from prevailing market volatility by simultaneously maintaining a hedged structure of long and short positions.
HV Score
34
180-day track record
Continuously tracked by HyperliquidVaults
284 days
$100K TVL
Total value locked in the vault
$266K
Warnings
- · Vault is currently 51.2% below its previous equity peak.
- · Historical maximum drawdown exceeds 57% — losses of this size have already happened.
TVL
$266K
Followers
23
Manager stake
$17K (6.3%)
30D return
-17.1%
90D return
-1.1%
Annualized
-60.2%
Equity curve & drawdown
Time-weighted index rebased to 100. Deposits and withdrawals do not affect it.
Hover the chartfor live values · latest 48.79
Drawdown
2026-01-142026-10-24
Monthly returns
Time-weighted monthly returns. Deposits and withdrawals do not affect performance.
| Year | YTD | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −51.21%* | −7.19%* | −49.18% | +12.35% | +9.07% | −5.71% | −1.32% | −11.54% | +14.62% | +6.86% | −16.27%* | — | — |
* partial period — first tracked month/year, or the current month-to-date.
Score breakdown
Performance30
Risk (inverted)21
Consistency43
Alignment18
Liquidity45
Confidence74
Risk & consistency
Max drawdown-57.4%
Current drawdown-51.2%
Annualized volatility69.5%
Longest drawdown277d
Sharpe-0.87
Sortino-0.43
Calmar-1.05
Worst day-42.5%
Worst week-42.5%
Best week+12.1%
Positive weeks42.5%
Positive months55.6%
Profit concentration9.5%
History284d
Current exposure
No open positions were recorded in the latest snapshot. Exposure is captured hourly from on-chain vault state.
Activity
Detected changes in this vault's flows, performance, risk and rankings.
FKA - FK Capital Alpha FundVolatility 41.3% → 63.1%
Volatility spike
41.3%63.1%(+53.0%)· 30D
Why it matters: 30-day realized volatility is 53% above its trailing 90-day median.
FKA - FK Capital Alpha Fund-5.2% in 3 days
Rapid drawdown
-14.2%-19.4%· 3D
Why it matters: Drawdown deepened from 14.2% to 19.4% in 3 days.
FKA - FK Capital Alpha Fund-5.6% in 3 days
Rapid drawdown
-11.8%-17.4%· 3D
Why it matters: Drawdown deepened from 11.8% to 17.4% in 3 days.
FKA - FK Capital Alpha FundStrongest 30 days: #134 → #147
Large ranking decline · Strongest 30 days
#134#147· Since last ranking update
Why it matters: Strongest 30 days rank moved from #134 to #147 among 177 eligible vaults.
FKA - FK Capital Alpha FundVolatility 40.1% → 62.8%
Volatility spike
40.1%62.8%(+56.5%)· 30D
Why it matters: 30-day realized volatility is 56% above its trailing 90-day median.
FKA - FK Capital Alpha FundStrongest 30 days: #145 → #135
Large ranking improvement · Strongest 30 days
#145#135· Since last ranking update
Why it matters: Strongest 30 days rank moved from #145 to #135 among 174 eligible vaults.
FKA - FK Capital Alpha Fund-6.5% in 3 days
Rapid drawdown
-12.7%-19.2%· 3D
Why it matters: Drawdown deepened from 12.7% to 19.2% in 3 days.
FKA - FK Capital Alpha Fund-5.2% in 3 days
Rapid drawdown
-8.0%-13.3%· 3D
Why it matters: Drawdown deepened from 8.0% to 13.3% in 3 days.
FKA - FK Capital Alpha FundStrongest 30 days: #96 → #130
Large ranking decline · Strongest 30 days
#96#130· Since last ranking update
Why it matters: Strongest 30 days rank moved from #96 to #130 among 181 eligible vaults.
FKA - FK Capital Alpha FundStrongest 30 days: #123 → #90
Entered Top 100 · Strongest 30 days
#123#90· Since last ranking update
Why it matters: Strongest 30 days rank moved from #123 to #90 among 181 eligible vaults.
FKA - FK Capital Alpha FundStrongest 30 days: #149 → #123
Large ranking improvement · Strongest 30 days
#149#123· Since last ranking update
Why it matters: Strongest 30 days rank moved from #149 to #123 among 181 eligible vaults.
FKA - FK Capital Alpha Fund-6.4% in 3 days
Rapid drawdown
-11.0%-17.5%· 3D
Why it matters: Drawdown deepened from 11.0% to 17.5% in 3 days.
FKA - FK Capital Alpha FundStrongest 30 days: #61 → #78
Large ranking decline · Strongest 30 days
#61#78· Since last ranking update
Why it matters: Strongest 30 days rank moved from #61 to #78 among 183 eligible vaults.
FKA - FK Capital Alpha FundStrongest 30 days: #91 → #75
Large ranking improvement · Strongest 30 days
#91#75· Since last ranking update
Why it matters: Strongest 30 days rank moved from #91 to #75 among 181 eligible vaults.
FKA - FK Capital Alpha FundMost consistent: #107 → #98
Entered Top 100 · Most consistent
#107#98· Since last ranking update
Why it matters: Most consistent rank moved from #107 to #98 among 180 eligible vaults.
FKA - FK Capital Alpha FundMost consistent: #91 → #102
Large ranking decline · Most consistent
#91#102· Since last ranking update
Why it matters: Most consistent rank moved from #91 to #102 among 178 eligible vaults.
FKA - FK Capital Alpha Fund-$61K net outflow
Large net outflow
$399K$339K(-15.2%)· 24h
Why it matters: 15.2% of vault equity left over the past 24h.
FKA - FK Capital Alpha Fund+$81K net inflow
Large net inflow
$291K$372K(+27.9%)· 7D
Why it matters: 27.9% of vault equity entered over the past 7D.
FKA - FK Capital Alpha FundVolatility 27.2% → 46.1%
Volatility spike
27.2%46.1%(+69.7%)· 30D
Why it matters: 30-day realized volatility is 70% above its trailing 90-day median.
FKA - FK Capital Alpha Fund+14.7% over 7 days
Performance acceleration
Why it matters: Seven-day return is 2.6× the vault's normal weekly range.
FKA - FK Capital Alpha FundRecovered 100.0% of a 11.2% drawdown
Drawdown recovered
-11.2%0.0%(+100.0%)· 30D
Why it matters: Equity is back within 0.0% of its peak after a 11.2% decline in the past 30 days.
FKA - FK Capital Alpha FundNew high · 1.2% on the day
New all-time equity high
0.710.72(+1.1%)· All time
Why it matters: Time-weighted equity index is at its highest level in 131 days of tracked history.
FKA - FK Capital Alpha Fund+$83K net inflow
Large net inflow
$289K$372K(+28.7%)· 7D
Why it matters: 28.7% of vault equity entered over the past 7D.
FKA - FK Capital Alpha Fund+13.6% over 7 days
Performance acceleration
Why it matters: Seven-day return is 2.7× the vault's normal weekly range.
FKA - FK Capital Alpha FundRecovered 98.4% of a 17.1% drawdown
Drawdown recovered
-17.1%-0.3%(+98.4%)· 30D
Why it matters: Equity is back within 0.3% of its peak after a 17.1% decline in the past 30 days.
FKA - FK Capital Alpha Fund+$77K net inflow
Large net inflow
$295K$372K(+25.9%)· 7D
Why it matters: 25.9% of vault equity entered over the past 7D.
FKA - FK Capital Alpha Fund+$50K net inflow
Large net inflow
$291K$340K(+17.1%)· 7D
Why it matters: 17.1% of vault equity entered over the past 7D.
FKA - FK Capital Alpha FundRecovered 86.8% of a 15.1% drawdown
Drawdown recovered
-15.1%-2.0%(+86.8%)· 30D
Why it matters: Equity is back within 2.0% of its peak after a 15.1% decline in the past 30 days.
FKA - FK Capital Alpha FundStrongest 30 days: #51 → #50
Entered Top 50 · Strongest 30 days
#51#50· Since last ranking update
Why it matters: Strongest 30 days rank moved from #51 to #50 among 185 eligible vaults.
FKA - FK Capital Alpha FundVolatility 24.4% → 52.4%
Volatility spike
24.4%52.4%(+114.3%)· 30D
Why it matters: 30-day realized volatility is 114% above its trailing 90-day median.
FKA - FK Capital Alpha Fund+$46K net inflow
Large net inflow
$294K$340K(+15.8%)· 7D
Why it matters: 15.8% of vault equity entered over the past 7D.
FKA - FK Capital Alpha Fund+6.8% in 24h
Unusually strong 24h return
Why it matters: Daily move is 3.1× the vault's own typical daily move.
FKA - FK Capital Alpha FundVolatility 24.2% → 49.9%
Volatility spike
24.2%49.9%(+106.0%)· 30D
Why it matters: 30-day realized volatility is 106% above its trailing 90-day median.
FKA - FK Capital Alpha FundETH $45K → $65K
ETH long increased
$45K$65K(+44.8%)· Since the last hourly snapshot
Why it matters: ETH long exposure grew by $20K (44.8%), and now represents 24.6% of the vault's total exposure.
FKA - FK Capital Alpha FundStrongest 30 days: #51 → #50
Entered Top 50 · Strongest 30 days
#51#50· Since last ranking update
Why it matters: Strongest 30 days rank moved from #51 to #50 among 182 eligible vaults.
FKA - FK Capital Alpha Fund+$127K net inflow
Large net inflow
$171K$298K(+74.3%)· 7D
Why it matters: 74.3% of vault equity entered over the past 7D.
FKA - FK Capital Alpha Fund+$175K net inflow
Large net inflow
$121K$296K(+144.7%)· 7D
Why it matters: 144.7% of vault equity entered over the past 7D.
FKA - FK Capital Alpha FundVolatility 24.5% → 48.9%
Volatility spike
24.5%48.9%(+99.6%)· 30D
Why it matters: 30-day realized volatility is 100% above its trailing 90-day median.
FKA - FK Capital Alpha FundETH $46K → $27K
ETH long reduced
$46K$27K(-41.9%)· Since the last hourly snapshot
Why it matters: ETH long exposure fell by $19K (41.9%), and now represents 15.7% of the vault's total exposure.
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HyperliquidVaults is independent and not affiliated with Hyperliquid or this vault's manager. Analytics only — not investment advice.