Largest drop of the profit curve from an earlier high, here as a share of the account value at that high.
How we compute it
The largest fall of the cumulative PnL curve from an earlier high over the month window of Hyperliquid’s portfolio history, in USD and as a share of the account value at that high.
Shown only when the history is usable: account of $10,000 or more, at least 30 points, read within 48 hours of the newest read, and a 30-day PnL within 25 % (or $10,000) of the leaderboard PnL.
How to read it
A small drawdown with a large PnL means the profit came without deep setbacks in that window.
Common mistakes
Reading a 0 % drawdown as no risk. One month is a short window, and an account without its sub-accounts can look flat.
Return per unit of risk: the average return divided by its standard deviation, annualised, without a risk-free rate. Here from 30 days of Hyperliquid portfolio history, a short history, so values are noisy and often far above those of funds measured over years.