Silver Cycle

Thesis

Silver Cycle buys silver and sells after an 8% rise, then seeks a new entry 3% below its last sale.

Strategy

• Buy: Invest allocated USDC at 1x exposure and add unused equity while holding silver. • Sell: Sell at an 8% gain from the cycle entry or a 30% decline. • Rebuy: Wait for a 3% dip below the last sale, unless immediate rebuy is enabled.

Exposure

• Holds: Silver perpetuals — Holds silver price exposure backed by USDC. • Venue: Hyperliquid — Trades xyz:SILVER with USDC on HyperCore. • Leverage: 1x entry — Opens silver exposure equal to allocated equity. • Costs: Fees and funding — Pays Hyperliquid trading fees and funding. • Data: Circuit — Uses silver prices and allocated holdings. • On unwind: USDC — Closing silver positions leaves USDC collateral.