AVAX Daily Toggle

Thesis

Seeks gains from AVAX price rises by alternating a small perpetual long and USDC on daily runs.

Strategy

• Daily entry: Every daily run without an AVAX position buys about $11 of AVAX perpetual exposure by default. • Daily exit: Every daily run with an AVAX position closes its full quantity using a reduce-only order. • Order limits: Buy limits are 2% above the midpoint and closing limits 2% below it; orders fill immediately or cancel the remainder.

Exposure

• Holds: USDC and AVAX — Hyperliquid USDC and, between entry and exit, an AVAX perpetual long. • Venue: Hyperliquid — Funds stay on HyperCore; use EVM Imported only, never Gas Seed ETH or Gas Seed SOL. • Leverage: Fixed notional — $11 exposure by default, with allocation providing cross margin and no notional multiplier. • Costs: Fees and funding — Hyperliquid trading fees and AVAX funding payments while a position is open. • Data: Circuit — AVAX prices and the session's holdings. • On unwind: HyperCore USDC — The AVAX position closes, leaving USDC on HyperCore.