Mean reversion

Fade short-horizon dislocations toward a fair value or peer basket, with hard stop and inventory limits.

Regimes

Works in range-bound and inventory-mean-reverting books; fails in breakouts and cascades.

Known failure modes

Catching knives in liquidation cascades; underestimating gap risk on thin HIP-3 books.

Hyperliquid notes

Map lookbacks and costs to perp funding, HIP-3 book microstructure, and vault copyability when implementing on-chain. Evidence panels and sandbox deep links publish with the content system.

Open sandbox
Algorithms catalog

Data pipeline not live yet

F-LN-2 sandbox deep links
F-LN-3 algorithm cross-links