Hyperliquid Crowd-Fade (paper — short crowded longs, long crowded shorts, earn funding both ways)

halted until 2026-08-07

$1,344.97equity (start $1,500) $+6.58funding collected

Open legs

side	coin	entry	now	px P&L	funding	funding now	opened
none open

Closed legs

closed	leg	px P&L	funding	reason
2026-07-21	short ZEC	+0.10	+0.22	breaker
2026-07-21	short VVV	-26.01	+0.63	STOP
2026-07-21	short AAVE	-6.47	+0.08	breaker
2026-07-21	long ACE	-20.74	+0.42	normalized
2026-07-21	long ACE	-24.73	+2.93	STOP
2026-07-20	short PUMP	-30.09	+0.11	STOP
2026-07-19	short CASHCAT	-40.50	+1.33	STOP
2026-07-19	long kBONK	-14.61	+0.70	normalized
2026-07-19	long TRX	+1.44	+0.16	normalized

Rails: entry |funding|≥25%/yr & vol≥$3M; stop -15%; 7d timebox; exit on normalize <8%; majors excluded; unpaired legs ≤2; breaker -10% = flatten + 5d halt; KILL file. Updated 2026-08-05 16:25:03 UTC.