Nvidia Chip Deals

Thesis

Buys tokenized Nvidia on new chip-supply deals, aiming to profit as stronger business prospects lift its share price.

Strategy

• Announcement buys: Buy NVDAX when news reports NVIDIA announcing a new chip-supply agreement or expansion, placing one buy per news item. • Sizing: Spend all allocated USDC on each buy, raising smaller orders to Hyperliquid's minimum of 10 USDC plus the required size increment. • Holding: Keep NVDAX without automatic sales; stopping cancels outstanding orders but leaves the tokens in your wallet.

Exposure

• Holds: NVDAX and USDC — Wrapped tokenized Nvidia stock and unspent USDC, not directly held Nasdaq shares. • Venue: Hyperliquid spot — NVDAX and USDC stay on HyperCore. • Leverage: None — Buys NVDAX tokens without borrowing. • Costs: Spot trading fees — Hyperliquid fees and the difference between buying and selling prices; no perpetual funding payments. • Data: Circuit — News triggers identify NVIDIA supply announcements; Hyperliquid spot prices size NVDAX buys. • On unwind: NVDAX and USDC — Stopping cancels outstanding orders but does not automatically sell the tokens.