ada-long-catalyst

Thesis

Long ADA perpetuals to ride institutional catalysts while shorts pay negative funding.

Strategy

• Single entry: Submits one IOC limit entry order for a long of 348 ADA near $0.245. • Exits: Places reduce-only take-profit at $0.265 and stop-loss at $0.235 triggers sized to the actual filled quantity. • Protection checks: It checks every five minutes that both protections are in place and replaces any that are missing.

Exposure

• Holds: ADA long perpetual — A single long position in ADA on Hyperliquid. • Venue: Hyperliquid perpetuals — Native take-profit and stop-loss orders rest on Hyperliquid. • Leverage: Perpetual leverage — Perpetual futures use leverage and can lose more than the initial margin if stops gap. • Costs: Funding — Funding rates can flip against the position, and stop orders trigger at market without guaranteed fill prices. • Data: Circuit — Uses Circuit market data only. • On unwind: Position closed — Cancels open orders and closes the ADA position.