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.
1,747 documents
The document explains Hyperliquid’s permissionless framework for deploying perpetual futures markets. A deployer defines each market and its oracle, operates it by setting prices and leverage limits, and can halt trading to cancel orders and settle positions…
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 guide describes Grid Strike, a Hummingbot controller that builds a long or short order grid across a chosen price range. Unlike a conventional grid designed to trade back and forth in a range, it can add long exposure as prices rise or short exposure as…
This reference summarizes Kraken futures contract conventions and integration details for automated trading. It distinguishes inverse crypto-margined contracts from a forward contract margined in BTC, describes perpetual and fixed-maturity listings, and…
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…
These release notes describe changes to Hummingbot’s client, Gateway, and related trading tools. Client updates include a Kalshi perpetual futures connector, a Gateway client aligned with unified trading routes, configurable slippage widening for order and…
This podcast recap discusses how uncertainty around Silicon Valley Bank affected confidence in USDC and trading in crypto derivatives. It describes the central concern as the timing and availability of reserves for redemption, even when eventual recovery was…
This podcast recap describes SynFutures’ design for decentralized futures markets. The platform shifted from offering term structures across crypto assets to perpetual contracts, which concentrate liquidity and provide leveraged exposure. Permissionless…
The article introduces cross-period hedging by pairing a short position in one contract with a long position in another. It derives how the difference between the opening and closing spreads determines the combined theoretical profit, assuming the stated…
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 plotting script illustrates a composite quoting framework for NVDA equity-linked perpetual trading. It uses an external equity mid-price as a directional signal and the perpetual market mid-price as the quote anchor. The quote center shifts with the…
The article explains self-custody trading bots as software run under the trader’s control, with exchange API credentials or wallet keys kept on the trader’s own device or server. It compares three approaches for centralized exchanges: built-in exchange bots,…
This example configures a live data node to connect to Bybit’s mainnet for linear products and stream data for a BTCUSDT instrument. A built-in data-testing actor subscribes to quotes, trades, mark prices, index prices, and funding rates, while managing the…
The article explains how leveraged crypto positions can be forcibly closed when prices fall, collateral loses value, liquidity dries up, or other shocks weaken a position. Because liquidation systems often operate automatically, one round of forced selling…
This Hummingbot controller guide describes a crypto futures strategy that watches Binance liquidation data and seeks a short-lived rebound after a large forced unwind. It aggregates liquidations over a configurable interval, checks whether their…
This reference table compares futures contracts across several cryptocurrency exchanges. It organizes instruments by settlement asset, quoted currency, contract code, and availability of perpetual or dated contracts. Entries distinguish, for example,…
This Python example configures a built-in execution-testing strategy for an OKX ETH-USDT swap account. It connects live market-data and execution clients, subscribes to quotes and trades, and can open a minimum-size position with an IOC order. The strategy…
This reference explains how a crypto perpetual futures instrument is represented in a trading system. A perpetual swap has no expiration and tracks a crypto asset, while its metadata records identifiers, base, quote, and settlement currencies, inverse…
This market snapshot assesses a period of crypto consolidation by combining price and volume trends with derivatives positioning, institutional flows, order book liquidity, and DeFi lending conditions. It reports a modest Bitcoin recovery alongside weaker…
The document explains the role of Hyperliquid’s clearinghouses in managing account state. The perpetuals clearinghouse tracks each address’s margin balance and positions, while the spot clearinghouse tracks token balances and holds. These components form…
This digital-asset snapshot describes a risk-off period marked by falling BTC and ETH prices, accelerating ETF outflows, weaker spot volumes, and signs of strained order-book liquidity. It reports elevated positive funding across BTC, ETH, and SOL while spot…
The document explains how Hyperliquid portfolio margin combines spot balances, perpetual positions, and borrowing within one account. Eligible collateral receives a loan-to-value limit; when balances are insufficient for orders, the system can borrow against…
This article describes an API workflow for market making on BitMEX perpetual contracts. It recommends using WebSockets for market updates and REST requests for account information, while noting that order book and account streams can be incomplete or delayed…
This client code illustrates order handling for coin-margined futures. It configures position mode, margin mode, and leverage, submits buy and sell orders, checks order status, and exposes account, position, contract, depth, and funding-rate queries. Limit…