From dHEDGE's public data · as of Nov 10, 2026
dHEDGE vaults, checked: size, fees and results
dHEDGE vaults let a manager trade your money on-chain without being able to withdraw it. We save every vault dHEDGE lists once a day and show the ones with real money in them: size, fees, dHEDGE's own reported returns (labelled as theirs), and our own record, computed from the share prices we save ourselves.
More verified results: the AI trading leaderboard, Hyperliquid vaults, Lighter pools and OKX copy traders.
Vaults run by a manager
| Vault | In the vault | Fees | Last month | Last year | Our record |
|---|---|---|---|---|---|
| Alpha ∞/21 | $11.2M | −9.5% | +6.0% | −0.7% | |
| Sigma | $4.1M | −11.2% | +4.4% | −0.9% | |
| The RSPS Strategy + Gold | $1.6M | −5.6% | +13.5% | +0.3% | |
| Formadores Wealth Growth | $1.5M | −16.2% | +9.1% | −1.3% | |
| 4Year-Cycle Maximizer | $809k | −12.3% | −24.9% | −2.4% | |
| Xeron | $197k | −5.8% | −1.6% | −0.9% | |
| Ever Growing Fund | $197k | −2.2% | −2.2% | −1.8% | |
| 4 Year Cycle Maximizer BTC | $158k | −9.6% | −24.2% | −0.6% | |
| Pelican Balanced Growth Fund | $127k | −9.3% | +27.5% | −0.5% | |
| The Professor Trading Challenge | $118k | −50.8% | −53.5% | −11.0% | |
| COF 2036 | $72k | −10.3% | −11.7% | −0.8% | |
| Ibex Capital | $68k | −11.0% | −33.5% | −1.5% | |
| MBF System | $67k | +0.1% | −2.3% | 0.0% | |
| Predictable Gains | $64k | −15.5% | +9.7% | −5.4% | |
| Nomiks Stable | $52k | +0.2% | +2.5% | 0.0% | |
| Frontier Digital (Base) | $52k | −4.0% | +22.8% | −0.1% | |
| Momentum Ensemble | $51k | −12.0% | −34.6% | −2.4% |
Automated products
| Vault | In the vault | Fees | Last month | Last year | Our record |
|---|---|---|---|---|---|
| mStable Pendled sUSDe | $5.2M | +0.5% | +7.3% | +0.1% | |
| Bitcoin Covered Call | $510k | −8.6% | +8.0% | −0.4% | |
| Bitcoin Short Volatility | $478k | +0.2% | +7.1% | 0.0% | |
| TM-BOT | $350k | −6.9% | +15.0% | −2.7% | |
| USD Market Neutral Yield | $286k | +0.4% | +0.7% | 0.0% | |
| Ethereum Yield | $276k | −14.9% | −39.5% | −4.1% | |
| Bitcoin Bull 3X | $261k | −29.7% | −82.1% | −2.3% | |
| Stablecoin Yield | $249k | +0.4% | +5.0% | 0.0% | |
| Stablecoin Yield | $218k | +0.5% | +4.0% | 0.0% | |
| Bitcoin Bull 2X | $158k | −17.6% | −59.5% | −1.1% | |
| Bitcoin Bull 4X | $138k | −40.6% | −94.5% | −2.8% | |
| Ethereum Bull 3X | $84k | −42.6% | −93.0% | −12.6% | |
| Ethereum Bull 4X | $69k | −56.4% | −99.2% | −16.2% | |
| Perpetual Delta Neutral Yield | $68k | +0.4% | +1.0% | 0.0% | |
| Bitcoin Protected 2X | $56k | −11.7% | −19.2% | −1.4% | |
| Strategy STRC Preferred Bull 2X | $52k | +1.7% | +40.9% | −0.1% |
Vaults and pools on more venues: Paradex vaults, Orderly strategy vaults, Kamino automated liquidity vaults, GRVT strategy vaults, Hibachi vaults, Lagoon vaults, Metric pools, from each venue's own public data.
FAQ
What is dHEDGE?
dHEDGE is a protocol for on-chain investment vaults on Ethereum and its layer-2 chains. A manager runs a vault, you deposit into it and get vault tokens, and trades happen inside the vault's own contract. dHEDGE's docs say the manager's wallet can never withdraw depositors' money, and managers can only use assets and protocols dHEDGE has whitelisted.
Are dHEDGE vaults safe?
Safer than handing a trader your exchange login, not risk-free. The manager can't take the money out, but dHEDGE's own bug bounty page says a manager may not follow the stated strategy, may make bad trades, and that a complete loss is possible. There's also smart contract risk: in 2023 a researcher reported a bug through that bounty that would have let a manager drain most of a vault (the write-up). Start small.
Which dHEDGE vaults are the biggest?
As of Nov 10, 2026: Alpha ∞/21 ($11.2M), mStable Pendled sUSDe ($5.2M), Sigma ($4.1M). Size tells you who trusts a vault, not whether it makes money. Check the last-year column and the fees too.
Do dHEDGE vaults make money?
Over the last year, 17 of 33 vaults with $50k+ were up by dHEDGE's own figures, the median was +0.7%, and 9 lost more than 30%. Those are dHEDGE's numbers, from each vault's on-chain share price. Ours start Nov 7, 2026.
What are the automated vaults?
Vaults dHEDGE labels Automated, mostly Toros products: leveraged tokens such as Bitcoin Bull 3X, and yield vaults. A leveraged token resets its leverage as prices move, so in a choppy market it can lose a lot even if the price ends where it started (5 of the 7 leveraged ones here lost more than half over the last year). They're listed separately and never ranked against traders.
Method and limits
- Who is included: every public vault dHEDGE lists with at least $50k in it, on every chain dHEDGE runs on. Private vaults are left out.
- dHEDGE's figures: the last month and last year as dHEDGE reports them, from the change in each vault's share price. We show them as dHEDGE's and never rank by them.
- Our record: we save each vault's on-chain share price once a day, starting Nov 7, 2026, and compute the return and the worst drop from those prices ourselves. At 30 days the table switches to ranking by it, with the same 30% drawdown gate as our other boards.
- Fees: the performance fee (a share of profits), the yearly fee taken continuously, and any entry or exit fee, as set in each vault.
Limits
- A share price can include deposits of rewards and other changes that aren't trading. Check a vault's page on dHEDGE before depositing.
- Daily prices hide moves inside a day, so the real worst drop can be deeper.
- Survivorship: closed and emptied vaults drop off the $50k list, so the list looks better than vaults did on average.
- Past results don't predict future results. A manager can change strategy at any time.