Daily Meme Five

Thesis

A daily, equal-weight long basket of the five highest-volume memecoins, using CoinGecko's Meme category through Circuit data.

Strategy

• Volume ranking: At each UTC review boundary it ranks the vendor's USD volume over the configured window and buys the top five. • Drift band: Selected coins are retained while selected and adjusted only beyond the drift band and minimum economic order size. • Cooldown: An observed outside close triggers a cooldown before that coin is traded again.

Exposure

• Holds: Long meme perps — Mapped USDC perpetual markets, not spot ownership; unsupported top-ranked coins keep their cash slots. • Venue: Hyperliquid — Hyperliquid perpetuals; Terminal must fund and activate the session. • Leverage: 5% notional — The default target is 5% of allocated USDC inventory in total notional, not a guaranteed loss cap. • Costs: Fees and funding — Funding, taker fees and slippage can cause losses or an incomplete basket. • Data: Circuit — CoinGecko's Meme category ranking and prices come through Circuit data. • On unwind: Positions close — The strategy runs until stopped, when it attempts to close all session positions.