# Sealvest — non-custodial asset management of Hyperliquid traders > Sealvest manages a portfolio of public Hyperliquid traders the way an asset manager manages funds. Every week it selects the traders worth replicating, allocates capital among them according to their volatility, replaces those who stop performing, and executes their trades in the user's own account. It is not copy trading: users do not pick traders. Users deposit nothing. They authorise an API key that can trade but cannot withdraw, and they can revoke it at any time. The hash of every allocation decision is published before it is executed. ## Status (October 2026) - Not yet open for sign-up. The waitlist is open at https://sealvest.com/#lista (a form for humans; the site is in Spanish). - First access is planned for January 2027 for waitlist members, in queue order (sign-up order, moved up by referrals) and with the 0.02% lifetime fee. General availability is planned from May 2027. Before that, the service is validated with the team's own capital. If live results fall short, the launch is postponed. - Minimum account: $2,500 in USDC on Hyperliquid. - AI agents will be able to connect on behalf of their users after general availability, within limits signed by the user. ## Simulated results (January–September 2026, $2,500 account) - Cumulative return: +232% before fees ($2,500 → $8,291); +201% after the standard fee, +216% after the waitlist fee. - Maximum drawdown: −29.2% (January; account low of $1,797). Worst month: −8.5%. Positive months: 7 of 9. - Copy trading four fixed traders with no management, same period and costs: +68%, maximum drawdown −22.8%. - Parameters: 2x leverage, three traders per week, real exchange fees and funding, hourly mark-to-market. - Limitations: simulation, with no money invested. The traders were identified in September 2026, which favours the earlier months. The configuration was chosen after comparing alternatives. Extreme liquidation scenarios are not modelled. ## Pricing - Standard: 0.04% of the notional of each executed trade (a Hyperliquid builder fee, charged automatically). The user signs the maximum fee. - Waitlist: 0.02% for life, for the wallet linked to the waitlist spot (by signing a message), as long as net deposits in that wallet (deposits minus withdrawals) stay at or above $2,500. Otherwise the standard fee applies. - No subscription, no performance fee and no lock-in. - Simulated January–September 2026 with $2,500: +232% before fees, +201% after the standard fee, +216% after the waitlist fee. ## Waitlist referrals - Each waitlist member gets a personal link. Every sign-up through it moves the member 5 places up the January access queue. No payments are made for referrals. ## Transparency - Every week the public Telegram channel publishes the portfolio review: how many traders join and leave, the SHA-256 hash of the decision before it is applied, and the paper-account result. - Once the registry contract is live, each hash will also be sealed on HyperEVM. - Trader identities and position sizes are not published. ## Risks - Trading leveraged derivatives carries a high risk of loss. There will be losing months. - The results are simulated. They are neither achieved nor guaranteed. - The service is subject to a legal opinion and, where applicable, to authorisation in each jurisdiction. ## Links - Website (Spanish): https://sealvest.com/ - How it differs from copy trading: https://sealvest.com/#no-es-copy-trading - How it works: https://sealvest.com/#como-funciona - Results and methodology: https://sealvest.com/#resultados - Security: https://sealvest.com/#seguridad - Pricing: https://sealvest.com/#precio - Risks: https://sealvest.com/#riesgos - FAQ: https://sealvest.com/#preguntas - Waitlist: https://sealvest.com/#lista - Privacy policy: https://sealvest.com/privacidad.html - Contact: contacto@sealvest.com - Telegram (public channel, weekly portfolio review): https://t.me/sealvest - X: https://x.com/Sealvest - LinkedIn: https://www.linkedin.com/company/sealvest