Trend Rider · Majors: the first official strategy, line by line
What our first official strategy trades, when it acts, the hard limits it cannot cross, and why it is still in paper trading.
Before an official strategy reaches the shelf, its specification is fixed in a
versioned file: venue, instrument, universe, risk tier and hard limits. This is
the first one, hl_trend_rider_majors, or Trend Rider · Majors, read field by
field. That includes the parts that say what it will not do.
What it trades
Perpetual contracts on Hyperliquid, and only three of them: BTC, ETH and SOL. It trades validator-operated perpetuals only. That rules out spot, the long tail of smaller coins, and markets that third parties deploy through HIP-3. The universe is frozen in the specification. Widening it takes a new decision record, not a configuration change.
When it acts
The strategy checks the market every 30 minutes. It enters only when the 1-hour, 4-hour and 24-hour trends point the same way and price confirms it by trading in the upper or lower third of its range. Then it holds one position patiently and exits when the 4-hour trend reverses.
It is built to wait. When the timeframes disagree, it does not enter, and the limits below matter more than how often it trades.
The limits it cannot cross
- Open positions: at most 1.
- Entry size: at most 6% of account equity.
- Leverage: at most 2× in the paper engine.
- Withdrawal permission: none.
These are hard limits in the risk engine, not guidelines. Every new position passes the risk engine first. When market data, the ledger or the venue's state is uncertain, the strategy may only cancel, reduce or exit. It may not open anything new.
Each version of the strategy also runs in isolation, with its own risk budget, signing key, nonce space and ledger. If any of these were shared with another strategy, the run would refuse to start.
Where it stands today: paper
The strategy is in paper trading. Its current paper sample replays frozen public 1-hour Hyperliquid candles through the documented rules. That replay checks that the whole pipeline works end to end: the rules, the ledger and the accounting. It is not a performance record. It contains no real fills, and we make no profitability claim from it. That is why the Hub does not show a return for it and lists the evidence still required instead.
Deposits are closed. To reach testnet, the strategy first needs a full vault cycle on testnet to pass independently: deposit, trade, redeem, reconcile. It cannot skip from paper to live, and a good run of numbers does not promote it.