Wall Street Unlocked

Thesis

Holds a passive 60/40 split between broad US equities and large technology companies through Hyperliquid perpetuals.

Strategy

• Fixed targets: Target 60% SP500 and 40% XYZ100 from the session’s virtual allocation. • Drift rebalance: Rebalance when either weight drifts by three percentage points, with a 24-hour cooldown on corrections that require selling. • Drawdown pause: A 20% session drawdown pauses additions and resumes only after recovery to a 10% drawdown.

Exposure

• Holds: SP500 and XYZ100 longs — Unlevered long perpetuals on SP500 and XYZ100; both share substantial equity and technology exposure. • Venue: Hyperliquid — Perpetuals on Hyperliquid funded with USDC. • Leverage: None — Unlevered long perpetuals. • Costs: Funding and fees — Funding on the long perpetuals and trading fees on rebalances. • Data: Hyperliquid API — Shared Hyperliquid helpers read market info from api.hyperliquid.xyz. • On unwind: Positions closed — Closes both perpetual positions, leaving USDC on Hyperliquid.