Curve–Convex Governance-Ecosystem Spread Reversion Across Hyperliquid and Bybit

Hypothesis

Derived by the Research Lead from [Convex Finance documentation](https://docs.convexfinance.com/convexfinance/general-information/understanding-cvx): test multi-day relative-price convergence between CRV and CVX. The source establishes governance and reward links, not a trading strategy or evidence of convergence. Trade synchronized 4-HOUR bars on CRVUSD.HYPERLIQUID and CVXUSDT.BYBIT. Market orders execute at the signal bar close, the registered faithful equivalent of next-bar-open execution on continuous venues. Use all common available history, reset indicators after gaps, and maintain only one paired position. This tests price convergence, not on-chain rewards or funding carry.