How to track a Hyperliquid wallet

Updated 26 Oct 2026

Every Hyperliquid wallet is public: its positions, trades, deposits and profit history can be read by anyone. Here is how to look one up, what each number means, and how to get told when it moves.

Look up a wallet

Wallets in our rankings have a page at /trader/ followed by the address: a plain-English summary, the 90-day perp record, a P&L curve, positions from the daily snapshot and the latest closed trades. Famous wallets have a page under their name, for example James Wynn or Machi Big Brother; see all named wallets.

Hyperliquid's own explorer (app.hyperliquid.xyz/explorer) and Hypurrscan show the raw activity of any address.

What to read on a wallet page

Figure	What it tells you
Trading P&L (perps)	What the wallet made trading perps, open positions included, after fees and funding
Return	That profit as a share of the account, with deposits and withdrawals left out
Max drawdown	The worst fall from a high: how painful it got
Win rate and profit factor	How often it wins, and how big the wins are next to the losses
Average hold	How fast it trades, and so how hard it is to copy

The glossary defines every term.

Watch out for

Spot and perps are different. A wallet can make money trading perps while its spot holdings fall. JoinEm's figures count perp trading only, the part a copier copies.
Deposits aren't profits. Account value jumps when someone deposits. Our returns are time-weighted so deposits don't count.
Open losses. A wallet that never closes losers can show a 90% win rate. We count open positions at today's price.
One wallet isn't the whole trader. Big traders often hedge elsewhere, so a Hyperliquid wallet can show only part of the bet.

Get alerts when it moves

Unlock Pro (free with our referral code), press Follow on the wallet, and connect Telegram. You get a message when it opens, adds to, reduces or closes a position: step-by-step guide.