DeFi Leaders

Thesis

DeFi winners can keep outperforming, so this basket buys the three strongest weekly performers and replaces names that lose their lead.

Strategy

• Ranks eight heavyweights: Each day, rank HYPE, AAVE, UNI, SKY, ENA, PENDLE, CRV and LDO by their price change over seven completed days. • Rotates the top three: Buy the three leaders, keep names still in the top three, and sell those that drop out, even when every return is negative. • Sizes the basket: New positions target one-third of the allocation, capped by unused exposure; retained positions drift, and opening orders meet the $10 minimum.

Exposure

• Holds: Three DeFi longs — The current top three from HYPE, AAVE, UNI, SKY, ENA, PENDLE, CRV and LDO through perpetual futures backed by USDC. • Venue: Hyperliquid — Starts and keeps collateral in HyperCore USDC. • Leverage: 1x target — Long positions target allocation-sized total exposure; retained positions keep their existing sizes. • Costs: Fees and funding — Hyperliquid trading fees, plus funding paid or received. • Data: Circuit — Seven completed days of price history rank the basket; current prices size trades. • On unwind: USDC — All futures positions close, leaving remaining USDC on HyperCore.