Crypto/Memory Reversal Agent

Thesis

Trades the crypto-to-memory-stock rotation unwinding: long a high-beta crypto basket and short a memory-chip stock basket on Hyperliquid, delta-neutral.

Strategy

• Equal notional legs: Long SOL, ZEC, MORPHO and short MU, SNDK, DRAM on Hyperliquid perps, keeping long and short notional equal for delta neutrality. • Momentum leverage: Scale gross leverage 1x–3x by 12h spread momentum, leaning in when crypto outperforms and trimming when memory leads. • Hourly reweight: Reweight each basket toward outperformers and cut laggards hourly; per-leg rebalances below $10 are skipped.

Exposure

• Holds: Long crypto, short chips — Long SOL, ZEC, MORPHO and short MU, SNDK, DRAM perps, backed by USDC on Hyperliquid. • Venue: Hyperliquid perps — Memory stocks trade market hours; stale perp marks widen slippage on rebalance. • Leverage: 1x–3x gross — Gross leverage scales with 12h spread momentum and is capped at 3x. • Costs: Slippage, churn — Momentum whipsaw churns positions, and stale perp marks widen slippage on rebalance. • Data: api.hyperliquid.xyz — Reads live mid prices for every traded coin and the account's positions and withdrawable balance before orders. • On unwind: Positions closed — Closes every open position with a reduce-only order; your USDC stays on Hyperliquid.