POLYMARKET PERPS · INDEPENDENT RESEARCH$6.89M traded
within one group.
Funds from one treasury reached 17 accounts. Those accounts traded against one another 13,405 times in three days, creating $6.89 million of matched volume.
17 funded accounts · select one to see its trades
at $4.1136
at $4.1136
Both accounts belong to the same funding group.
Trade 695675502948233313,405 matches · each counted once
Verified transfers connect the accounts to the same funding source.
Start with the funding.
Two linked sources supplied $10.97M to the treasury. Signatures identify which keys authorized its payments.
ABC is the account name on Hyperliquid.
The alias and the address match.
Hyperliquid’s official leaderboard lists this address as ABC. The address signed 13 USDC transfers to A31. Their verified total is 60,172,833.051299 USDC.
ABC is the public name of this trading account. The records do not identify the company or person behind it.
0x162cc7c861ebd0c06b3d72319201150482518185Search the official leaderboard ↗Search using the full address above. Alias checked again September 21, 2026.Inspect the 13 transfers from ABC to A31
| UTC DATE | AMOUNT | ARBITRUM RECORD |
|---|---|---|
| 2026-03-09 | 999,999.002000 USDC | Transaction receipt ↗ |
| 2026-03-10 | 8,499,999.002000 USDC | Transaction receipt ↗ |
| 2026-03-18 | 9,999,999.005029 USDC | Transaction receipt ↗ |
| 2026-04-17 | 4,499,999.002010 USDC | Transaction receipt ↗ |
| 2026-04-20 | 4,499,999.000000 USDC | Transaction receipt ↗ |
| 2026-04-22 | 6,999,999.000092 USDC | Transaction receipt ↗ |
| 2026-05-05 | 3,356,445.000000 USDC | Transaction receipt ↗ |
| 2026-05-22 | 3,049,999.000011 USDC | Transaction receipt ↗ |
| 2026-05-25 | 999,999.000030 USDC | Transaction receipt ↗ |
| 2026-06-17 | 5,999,999.800198 USDC | Transaction receipt ↗ |
| 2026-06-22 | 3,499,999.800059 USDC | Transaction receipt ↗ |
| 2026-07-08 | 5,599,999.600034 USDC | Transaction receipt ↗ |
| 2026-07-27 | 2,166,396.839836 USDC | Transaction receipt ↗ |
Open both execution records.
These examples are the largest September 20 matches in each of three highlighted markets.
Two funded accounts
on one trade.
Choose a real execution. The trade ID, instrument, time, price and size agree in both account records.
Inspect the matched trades.
Filter the complete matched dataset by account, market and day. Open any row to inspect both records.
The group’s share of market volume.
September 20 · group-internal matches divided by the complete public tape for each market.
At the recorded September 20 rates, $1,000 of matched trades cost the two accounts 0.15 pUSD combined: 2 bp paid by the taker, less 0.5 bp rebated to the maker.
338.85164021355 pUSD net fees on $2,259,010.934757 of matched volume.The largest pair, plysi0 and plysj0, matched $693,902.95 across all three days.
Both belong to the 17-account funding group.The same group matched on all three days.
The same account set is used on every day. A matching execution enters the total only once.
Expand to the broader financial network
The separate 26-account group contains the strict 17 plus nine older or subsequently funded accounts. It matched $10,159,592.45 across 15,922 executions over the same three days. These are nested totals; the $6.89M is already included in $10.16M.
Sources and calculations.
Download the source records and verification code. Evidence rechecked September 21, 2026.
How the evidence is counted
Funding is established with canonical token-transfer logs, explicit bridge routes and treasury signatures. Trading is established with two participant records and the venue tape. A match requires the same instrument, trade ID, time, price and quantity, with opposite sides and maker/taker roles. The page’s headline uses the fixed 17-account group. The diagram groups verified relationships; the record viewer shows actual executions. The data establish common financing and matching trades. They do not identify a shared beneficial owner for every trading key or establish intent. Accounts had existing positions before the displayed fills.