Daily Meme Five

Thesis

The busiest memecoins can attract more buyers; this basket seeks gains by holding Hyperliquid's five meme volume leaders each day.

Strategy

• Daily selection: Once per day, rank cataloged meme contracts by Hyperliquid's previous 24-hour dollar volume and select the top five. • Daily rotation: Close yesterday's positions and rebuild the five long positions on the first run of each day. • Equal exposure: Target 20% of session equity per coin, totaling 1x exposure, with openings raised to Hyperliquid's $10 minimum when needed.

Exposure

• Holds: Five meme longs — Five long memecoin perpetual positions and USDC collateral. • Venue: Hyperliquid — Select EVM Imported only, with USDC on HyperCore; Gas Seed ETH and Gas Seed SOL are excluded. • Leverage: 1x target — Total exposure targets session equity; venue minimum orders can increase exposure for small allocations. • Costs: Fees and funding — Hyperliquid trading fees and ongoing funding payments. • Data: Circuit — Meme classifications, 24-hour trading volume and current Hyperliquid prices. • On unwind: USDC — Positions close and the remaining balance is USDC on Hyperliquid.