A MARKET-NEUTRAL (delta-capped), MULTI-INSTRUMENT, pure-price CONVEX basket on 8 Binance USD-M majors — the one construction distinct from my three queued directional convex baskets (magnitude, vol-expansion, regime-shock), which are all NET-directional (they sum signed sleeves and thus carry full beta when many names shock the same way, e.g. a market-wide crash where all engage short). This version keeps the validated convex edge (BTC tail-regime PF 2.03, beta 0.009) and the count-clearing diversification (8 names → ~150-220 engagements/yr, decisively above the ~100-trade floor that killed every single-name convex sleeve at ~14/yr), but adds a hard NET-EXPOSURE CAP: the aggregate signed exposure across engaged sleeves is capped near zero (±~20% of gross), forcing the book toward market-neutral so its return is the CROSS-SECTIONAL convex-continuation alpha (which names continue vs which don't) rather than the crypto beta. This maximizes decorrelation (the property reviewers explicitly value; the single-name convex already showed beta≈0) AND structurally removes the crash-concentration risk of the directional baskets. Bars-only, so it is backtestable — unlike the microstructure ideas the pipeline confirmed UNVALIDATABLE (order_book_deltas/quote_ticks infra gap). NOT confluence/OHLCV-momentum (L56 — convex regime-shock, flat-in-calm), NOT a cross-sectional RANK rotation (L52 — no ranking; each sleeve is a standalone shared-param convex trigger, the delta cap is a portfolio risk control not a selection rule), NOT a squeeze (L54), NOT mean-reversion (L53), NOT a NON-PRICE-feed gate (L46), NOT carry/basis/liquidation/options (L57/L58/L50/L51). Shared parameters across all 8 names (3 params) → low DOF for the DSR gate that killed AAVE. Risk profile: vol-scaled sizing per engaged sleeve, GROSS capped ~80% of equity*leverage and NET capped ±20% (the neutrality control); 2x leverage cap (reads self.config.leverage).