It has long been known that the moduli space of hyperbolic metrics on the disc can be identified with the Virasoro coadjoint orbit \mathrm{Diff}^+(S^1) / \mathrm{SL}(2,\mathbb{R}). The interest in this relationship has recently been revived in the study of two-dimensional JT gravity and it raises the natural question if all Virasoro orbits \mathcal{O} arise as moduli spaces of hyperbolic metrics. In this article, we give an affirmative answer to this question using \mathrm{SL}(2,\mathbb{R}) gauge theory on a cylinder S: to any L\in\mathcal{O} we assign a flat \mathrm{SL}(2,\mathbb{R}) gauge field A_L = (g_L)^{-1} dg_L, and we explain how the global properties and singularities of the hyperbolic geometry are encoded in the monodromies and winding numbers of gL, and how they depend on the Virasoro orbit. In particular, we show that the somewhat mysterious geometries associated with Virasoro orbits with no constant representative L arise from large gauge transformations acting on standard (constant L ) funnel or cuspidal geometries, shedding some light on their potential physical significance: e.g. they describe new topological sectors of two-dimensional gravity, characterised by twisted boundary conditions. Using a gauge theoretic gluing construction, we also obtain a complete dictionary between Virasoro coadjoint orbits and moduli spaces of hyperbolic metrics with specified boundary projective structure.
