The Altcopy Index — week of Jul 20, 2026
Where the Altcopy Index stands this week, and what moved — 16 vaults, every number recomputed from public data.
Altcopy
The Altcopy Index — week of Jul 13, 2026
Where the Altcopy Index stands this week, and what moved — 14 vaults, every number recomputed from public data.
The Altcopy Index — week of Jul 06, 2026
Where the Altcopy Index stands this week, and what moved — 16 vaults, every number recomputed from public data.
How to check if a vault's APR is real before you deposit
Before you deposit into a Hyperliquid vault on the strength of a big APR, run these five 60-second checks. They separate a real track record from a short lucky window dressed up as a year.
Why does a Hyperliquid vault show 700% APR?
That 700% (or 2,000%) APR on the Hyperliquid vault page isn't a year of results — it's a short recent window, annualized. Real, and almost meaningless. Here's what it actually means before you deposit.
The 800% APR that became −3%: the annualization trap on Hyperliquid's vault page
Hyperliquid's vault page annualizes a short recent window into a headline APR — 800%, even 2,000%. With three weeks of our own snapshots, here's the same number weeks later: −3%, −44%. Why it's a trap, and what to read instead.
How to actually pick a vault: a checklist
Disclosure: I run Altcopy and my Index invests in native vaults — see the map post.
Every post in this series ends at the same door: the structure stops theft, not bad choosing. So here's how I actually evaluate a vault — a checklist to run before depositing a cent.
Why native Hyperliquid vaults are still a good bet
This is the post where my bias matters most, so loudly: my Index allocates to native Hyperliquid vaults (background in the map post). Read accordingly — and notice I'm about to spend half of it on why they might not be for you.
With billions flowing into the shiny
The fees nobody explains
Disclosure: I run Altcopy and my Index invests in native vaults — see the map post.
A vault can be honest about custody and still quietly eat your returns through fees. Here's the whole fee landscape in plain language, and the one pattern that tells you the most.
Three
Can a vault steal your money? Custody on Hyperliquid, explained
Quick disclosure: I run Altcopy and my Index allocates to native vaults — full version in the map post. Now the scariest question, answered plainly.
When you deposit into a "vault," the first thing worth knowing isn't the yield. It's: can whoever runs it take