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.
Topic
apr
A collection of 3 issues
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.