Cryptoman

Update: you can now turn any Hyperliquid wallet into a basket. Paste an address into Hyperbasket and the wallet’s largest open positions fill your coin’s basket, at the same sides and the same weights. You can launch the basket as it stands or let it follow the wallet, so each trade that wallet makes also moves your coin’s positions. All of the profit still goes to holders in $HYPE. hyperbasket.fun

Every part between a creator fee and the HYPE in your wallet. A trade of your coin pays a creator fee, which bridges from Solana to USDC in the coin’s own Hyperliquid account. An API wallet trades that account and cannot withdraw from it. Your fee rule names the leg, and when a leg reaches its take profit, the profit closes out, buys HYPE and goes to holders by share, while the position keeps running on its margin. hyperbasket.fun

Diversification is now a launch setting. Hyperbasket lets one coin hold up to twelve Hyperliquid perps, from BTC to NVDA to gold, each with its own side, weight and leverage. You decide whether the fees go to the winners or the losers, and all of the profit goes to holders in $HYPE. hyperbasket.fun

Thread 1/ How Hyperbasket works, from the first trade to HYPE in your wallet. 2/ You launch a coin on pumpfun and tie it to 2 to 12 Hyperliquid perps. Crypto, stocks, indices, metals or oil, each leg with its own side, weight and leverage up to 10x. 3/ Every trade of the coin pays a creator fee. That fee bridges from Solana to USDC in the coin’s own Hyperliquid account. An API wallet trades the account and cannot withdraw from it. 4/ Your fee rule decides which leg the fee feeds. It can be the leg with the best return since launch, the worst one, every leg by weight, or the leg holders back in an hourly vote. Over the last 31 days of real closes, the same basket and the same $31,000 of fees made $6,008 when sent to the winners, $7,121 when sent to the losers and $1,025 by weight. Past moves say nothing about the next ones. 5/ You also pick a take profit between 5% and 200%. When a leg’s open profit reaches it, the profit closes out and buys HYPE. The leg keeps running on its margin. At a 5% target with fees split by weight, the last 30 days gave 34 take profits and 68.7 HYPE. 6/ Holders receive that HYPE by their share of the coin. Nothing is staked and holders put nothing in. If a leg gets liquidated, it starts again on the next fee that reaches it. hyperbasket.fun

These twelve perps behaved like only 4.3 bets. We took 30 days of hourly Hyperliquid returns across BTC, ETH, SOL, HYPE, PUMP, NVDA, TSLA, AAPL, the S&P 500, gold, silver and oil, then ran the eigendecomposition of their correlation matrix. One factor explains 42.7% of all variance, and the participation ratio comes to 4.3 effective bets. The 3D plot shows the basket’s minimum spanning tree. BTC, ETH and SOL sit at .87 or higher, gold and silver at .82, NVDA and the S&P 500 at .71, while oil moved against most of the basket. A Hyperbasket coin can hold twelve legs, and this is why which legs you pick says more than how many. hyperbasket.fun