Universe

Markets and venue.

The deliberately narrow universe the strategy trades, and the venue every position is executed on.

Universe

A deliberately narrow universe.

Only deep, highly liquid markets are traded. A small satellite sleeve is reserved for high-conviction opportunities when they emerge.

CORE85–90%
Bitcoin · Gold · Silver · Oil · Nasdaq-100 · S&P 500

Bitcoin is the primary focus of the portfolio. Gold, Silver, Oil and the major US equity indices complete a core of deep, liquid macro markets.

SATELLITE10–15%
High-conviction narratives

Reserved for narrative assets such as AI and HYPE themes. Positions are opened only when strong, well-defined opportunities emerge.

SATELLITE10–15%
CORE
85–90%
CORE ALLOCATION

Why Hyperliquid

A venue chosen for transparency and control.

The strategy is executed exclusively on Hyperliquid, a decentralized perpetual futures venue. It was chosen for the structural advantages it gives disciplined, systematic trading.

Decentralized infrastructure & custody

Capital sits in on-chain custody rather than on an exchange balance sheet.

Reduced counterparty risk

Counterparty exposure is materially lower than on centralized exchanges.

Transparent on-chain execution

Every position and every fill is publicly verifiable on-chain.

Deep liquidity

The venue offers deep, reliable liquidity on every instrument the strategy trades.

Low trading fees

Low execution costs preserve more of each trade's edge over time.

No KYC requirements

Access is permissionless, without centralized onboarding friction.

ON-CHAIN ORDER BOOK · BTC-PERPL1
62,313
12.4
62,304
28.1
62,296
44.7
$62,287-0.75%
62,278
39.2
62,270
24.6
62,261
11.8
ILLUSTRATIVE DEPTH · LIVE MID