Gold and BTC Long

Thesis

Hold equal gold and Bitcoin long positions to benefit from rising prices, restoring equal exposure daily.

Strategy

• Buy both: Open BTC and gold perpetual longs on the first run and check their weights daily. • Equal sizing: Target half the full allocation in each asset at 1x total exposure; adjustments below $10 use the venue minimum. • Daily balance: Buy underweight positions and trim overweight positions daily, with no stop-loss or profit target.

Exposure

• Holds: BTC and gold longs — Holds BTC and xyz:GOLD perpetual futures backed by USDC collateral. • Venue: Hyperliquid — Starts with at least 50 USDC on HyperCore and trades BTC and gold there. • Leverage: 1x target — Combined position value targets the full allocation, split equally between BTC and gold. • Costs: Trading fees, funding — Pays Hyperliquid trading fees and receives or pays ongoing funding. • Data: Circuit — Uses session holdings and BTC and gold prices supplied by Circuit. • On unwind: USDC — Closing the positions after stopping leaves USDC collateral and realized gains or losses.