Five-Signal Crypto Long/Short

Thesis

Strong crypto coins keep beating weak ones over several days; five signals choose opposing baskets to earn the difference.

Strategy

• Rank daily: At 17:05 Los Angeles time, rank the allowlist on strength, average-price distance, funding, volume steadiness and yesterday's reversal. • Balance the book: Target eight longs and eight shorts at 8.125% each, use a 10% resize band, cap gross at 130%, and trim the side pushing BTC beta outside ±0.15. • Exit and brake: Exit outside the top or bottom 12 or at three daily ATRs; halve after an 8% ten-day loss and quarter after 15% until a new 20-day equity high.

Exposure

• Holds: Crypto longs and shorts — Only the specified 50 main-dex names, screened monthly for at least $10M open interest and sufficient history. • Venue: Hyperliquid — USDC and positions stay here; exchange leverage is unchanged, native stops are reduce-only, and ordinary exits use exact session-sized opposite orders. • Leverage: 1.3x gross by default — Three controls set the multiplier, gross ceiling and names per side; the resize band is fixed at 10%, and reported margin headroom gates additions. • Costs: Trading fees and funding — Pays Hyperliquid execution fees and settles funding on both sides. • Data: Circuit — Daily candles, 60-day BTC beta, funding and open interest drive ranks; freshness is supplied by Circuit, not an agent age filter, and future margin is not exposed. • On unwind: USDC — Terminal cancels remaining orders and closes positions after stopping; stopping alone does not run an unwind.