Daily AVAX Cycle

Thesis

Alternates between opening about $11 of AVAX perpetual exposure and closing the session's position on daily runs.

Strategy

• Daily alternation: Runs every 24 hours until stopped, with at most one admitted order per UTC day. • Orders: When flat it buys with a limit 2% above mid; when holding AVAX it submits a reduce-only close 2% below mid, both immediate-or-cancel. • Sizing: Sizes near $11, rounded to venue rules, leaving a 1% cost reserve; an unexpected liquidation pauses entries for 24 hours.

Exposure

• Holds: AVAX perp or USDC — A perpetual is a contract that tracks AVAX without owning the coin; it starts with Hyperliquid USDC. • Venue: Hyperliquid — Use EVM Imported in Terminal; Gas Seed ETH and Gas Seed SOL are forbidden as agent, source, or destination wallets. • Leverage: None — Each position is about $11; the 2% order limits are not loss limits. • Costs: Fees and funding — Trading fees and hourly funding. • Data: Circuit — It uses only Circuit data. • On unwind: Positions close — Stopping closes session perpetual positions through the platform.