Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
3,101 documents
The document explains Hyperliquid portfolio margin, which combines eligible spot collateral and cross-margin perpetual positions in one account. HYPE and BTC collateral support borrowing in USDC according to asset-specific loan-to-value ratios. Borrowing…
These release notes describe Hummingbot 2.10.0 updates to infrastructure for centralized and decentralized exchange operations. The highlights include integration of Gateway with the Hummingbot API, allowing API and MCP workflows to manage Gateway instances,…
This podcast recap describes Wintermute’s development from a crypto liquidity provider into a firm trading across centralized venues, DeFi, spot markets, derivatives, and institutional OTC channels. It highlights how co-founder Yoann Turpin’s experience with…
This review excerpt describes major regulatory changes affecting crypto markets during 2025. It traces the EU’s MiCA framework, changes to US bank custody rules, a federal stablecoin law, an SEC shift away from enforcement, in-kind Bitcoin ETF redemptions,…
This document reports a two-year daily Bitcoin–USDT backtest on Binance, covering January 2019 through January 2021. The strategy is identified only as “AwesomeStrategy”; no entry or exit rules, position sizing, or execution assumptions are supplied, so the…
This explainer describes how Bitcoin wallets create key pairs and addresses, and how transactions transfer value by referring to earlier transaction outputs. It walks through transaction fields such as identifiers, inputs, outputs, lock time, signatures, and…
The article examines mid-2023 stablecoin price dislocations across centralized and decentralized exchanges, focusing on USDC, USDT, DAI, and BUSD. It compares exchange-aggregated prices and fiat trading pairs, then links the sharpest USDC and USDT/USD…
This document explains how Hyperliquid assesses trading fees across perpetual futures and spot markets. Fee tiers use rolling 14-day weighted volume, with spot volume counted twice; a user's tier applies across assets, while sub-account volume aggregates to…
This guide explains common order instructions used on cryptocurrency exchanges. It contrasts market orders, which prioritize immediate execution at the best available price, with limit orders, which specify a price but may remain unfilled. It then describes…
This July 2024 snapshot reviews crypto market conditions alongside regulatory news. It reports that centralized exchange spot volumes were broadly steady despite concerns about Bitcoin distributions and German government sales, while USDT continued to…
This quarterly review surveys crypto market developments in early 2024, including Bitcoin spot ETF flows, Ethereum’s EIP-4844 upgrade, memecoin activity, real-world asset tokens, and regulatory changes. It combines token performance and exchange volume…
The guide outlines Spanish tax considerations for cryptocurrency holdings and transactions. It describes the calendar-year reporting period, the following-year filing deadline, and the distinction between taxation of investment gains and other crypto income.…
This overview explains that crypto debit cards generally sell or convert a selected digital asset into local currency at checkout, with the merchant receiving fiat and the cardholder’s crypto balance reduced. It distinguishes this debit model from a crypto…
This overview distinguishes Ripple, the company and payment network, from XRP, the token associated with the XRP Ledger. It describes XRP’s proposed role as a bridge asset for cross-border transfers and on-demand liquidity, and contrasts the ledger’s…
This overview introduces Hyperliquid as a blockchain-based financial platform centered on perpetual futures and spot trading. It describes the network as liquidity infrastructure for applications, with independent teams building interfaces and other services…
This document outlines how to use Kraken through Lumibot’s shared CCXT broker path for cryptocurrency strategies. It describes API key and secret credentials, notes that the integration supports a live trading path, and identifies Kraken as the exchange…
The report argues that Bitcoin’s price drivers have shifted from the four-year halving cycle toward institutional flows, especially ETF activity, alongside monetary policy, regulation, and broader risk appetite. It describes a post-correction market with…
The document proposes a spot and futures hedge that places resting orders in separate order books when the spread is attractive. It monitors fills and compares the resulting spot and futures exposures, then opens or closes positions to correct imbalances. As…
The document explains how a Bitcoin holder can borrow funds while pledging BTC as collateral, retaining price exposure while the loan remains open. It describes loan-to-value as a way to relate borrowing to collateral value and illustrates that a decline in…
This Freqtrade strategy computes a normalized MACD-like measure as the ratio of the 12-period exponential moving average to the 26-period exponential moving average, minus one. On a five-minute timeframe, it enters long when this value falls within…
This article surveys Ethereum’s network activity and ecosystem developments around its eighth anniversary. It reports snapshots of staking, decentralized finance deposits, node counts, transaction activity, and ETH price and capitalization, then outlines a…
The document explains pegged orders as limit orders whose working price is derived from the order book. A primary peg references the best price on the order’s own side, while a market peg references the best price on the opposite side; optional price-level…
This digital asset market update reviews regulatory developments involving Binance and Kraken, a planned Ethereum layer 2 network from OKX, and activity across centralized exchanges, decentralized exchanges, and DeFi lending. It reports declining Binance…
HIP-1 defines capped-supply fungible tokens and native spot order books. A token’s genesis configuration sets its name, precision, maximum supply, initial allocations, optional allocation to holders of an anchor token, and possible initialization of…