Equal-Weight Perps

Thesis

An equal-dollar ETH, SOL and AVAX basket aims to gain as their prices rise.

Strategy

• Equal shares: Holds long ETH, SOL and AVAX perpetuals with one-third of the target exposure in each. • Daily rebalance: Enters on the first run and restores equal dollar targets daily, rebuilding positions when adjustments fall below venue minimums. • Sizing: Targets exposure equal to allocated USDC plus open gains or losses, with venue-minimum orders and no automatic exit.

Exposure

• Holds: Three long positions — ETH, SOL and AVAX perpetuals backed by USDC. • Venue: Hyperliquid — Positions and USDC collateral stay on Hyperliquid. • Leverage: 1x target — Targets exposure equal to allocated USDC plus open gains or losses; venue minimums apply. • Costs: Trading and funding — Pays Hyperliquid trading fees and pays or receives ongoing funding. • Data: Circuit — Uses live ETH, SOL and AVAX prices and venue order sizes. • On unwind: USDC — Closes all three positions and leaves remaining USDC on Hyperliquid.