Caribou Strategy

🦌 CARIBOU v1.0 — Cross-Asset Trend Fund (Managed Futures / CTA)

The great migration: follow the trend across all terrain. Caribou trend-follows a maximally diversified universe spanning every asset class on Hyperliquid — crypto, xyz stocks, indices, metals, energy — long the uptrends and short the downtrends, each position sized to equal risk.

| Sleeve | What it does | Direction | Wallet | |---|---|---|---| | long | opens LONGS on assets in a confirmed uptrend | LONG only | one | | short | opens SHORTS on assets in a confirmed downtrend (the crisis-alpha engine) | SHORT only | one |

> Two sleeves, two wallets, fully independent — so the fund is not restricted > from holding the same asset in opposite directions (e.g. the long sleeve > trails out a stale ETH long while the short sleeve opens a fresh ETH short on a > trend flip). Each wallet nets per-asset on its own.

Why a cross-asset trend fund

Managed futures (CTA) is the most-proven hedge-fund category, and its entire edge is cross-asset diversification: trends appear in different markets at different times. When crypto chops, gold may be trending; when stocks sell off, oil or the dollar may be trending. The more uncorrelated markets you trend-follow, the smoother the curve — which is exactly why "use every asset class" is the thesis, not a bolt-on. Long uptrends + short downtrends across uncorrelated classes → net beta near zero and crisis-positive (short the fallers when everything bleeds). That is the hedge.

How it works (producer-side, per sleeve)

• Universe = every class. From the live instrument board, bucket all liquid

names into crypto / equity / index / metal / energy, top-N + relative-median liquidity gate within each class (so a thin stock isn't compared to BTC volume).

• Time-series trend, per asset. Each asset judged vs its own history:

4h structure is the hard gate (bullish→long candidate / bearish→short), the daily aligns (+/−), 24h momentum confirms, and an RSI guard blocks blow-off longs / capitulation shorts.

• Volatility-parity sizing. `margin = equity × baseRiskPct × (referenceVol /

asset_ATR%)`, clamped to [3%, 15%] of equity. A calm index (~1.5% ATR) gets ~2× base margin; a wild memecoin (~6%) gets ~0.5× — each position contributes ~equal risk. This is the managed-futures formula and what keeps the curve from being crypto-dominated.

• Per-class caps. No asset class may exceed 40% of equity in margin — the

book stays diversified across classes (the entire CTA edge). Up to 8 slots.

• Conviction leverage. baseLeverage (3x), bumped to maxLeverage (5x) on an

apex-score trend, then clamped to each asset's HL venue max.

Asymmetric trend DSL — cut losers fast, let winners run

Trend-following lives and dies on "cut losers short, let winners run." So the DSL is asymmetric: a tight Phase 1 (cut a losing trend quickly) + a wide Phase 2 ladder that lets a winner run to +150% before locking 84%, and time-cuts OFF (a real trend can run for weeks). Taker-fallback entries — a trend-follower must catch the move (the opposite of a fader).

Deploy — two wallets

CARIBOU_LEG=long   CARIBOU_LONG_WALLET=   # the long sleeve
CARIBOU_LEG=short  CARIBOU_SHORT_WALLET=  # the short sleeve

Fund both for the full hedge (net-beta-neutral). Funding split is your dial — default ~50/50 long/short; tilt toward long in a broad bull, toward short if you want more crisis protection.

Fleet-standard rules (enforced)

• Max leverage 5x (strict clamp, then venue max). Vol-parity margin (no

hardcoded $); per-class cap 40%; up to 8 slots.

• Drawdown halt 22%, daily loss limit 12%, max_consecutive_losses 6 (trend

takes many small losses before the big trend — don't halt on normal chop).

• Mandatory DSL; entries + exits FEE_OPTIMIZED_LIMIT with taker fallback.
• Sizes off max(main, xyz) account value — never the sum (cross-margin).
• Signature-adaptive daemon launch; per-(leg,wallet) fcntl lock.

Hard rule — user-conversation sessions are READ-ONLY

A Claude session conversing with a user MUST NOT call create_position, close_position, edit_position, ratchet_stop_*, cancel_order, or any strategy_close* tool against Caribou's wallets. Entries are emitted only by the producer daemons; exits are owned only by the runtime DSL.

v1.0 — initial build

The first cross-asset trend fund — managed futures across every Hyperliquid asset class, vol-parity sized, class-capped, two independent sleeves. v1.0 gates on price-action trend (4h/daily structure + momentum + RSI + ATR vol). Cross-asset correlation-aware netting and a vol-target overlay are planned v1.1 enhancements.

Source & license

This open-source skill is cataloged on AgentStack and links to its original source — we do not rehost the code.

• Author: Senpi-ai
• Source: Senpi-ai/senpi-skills
• License: MIT

Install and usage instructions live in the source repository linked above.