Meme Dip Prototype

Thesis

A PURR-only, long-only Hyperliquid perpetual dip-and-rebound research prototype that is not approved for funded deployment.

Strategy

• Dip entry: Completed hourly candles identify a two-ATR dip, two rising closes and a non-falling seven-day mean, and recovery must exceed the cost budget. • Sizing and brake: Purchases target 5% of allocation with a 15% PURR ceiling, and a 5% open-loss entry brake does not liquidate. • Exits: Staged profitable exits, and the deadline closes inventory and confirms settlement before declaring completion.

Exposure

• Holds: USDC and a PURR long — A long PURR perpetual of up to 15% of allocation, with the rest in USDC. • Venue: Hyperliquid — Funding and activation remain separate Terminal actions. • Leverage: None — Allocation-relative notional limits cap PURR at 15% of allocation. • Costs: Fees and funding — Entries require a recovery exceeding the cost budget and estimated positive funding through the deadline. • Data: Circuit — Uses only Circuit data. • On unwind: PURR closes — Unwind closes the session's PURR position; your USDC stays on Hyperliquid.