Keel
Strategies

Trading Strategies for Hyperliquid

A growing library of documented trading strategies for Hyperliquid perpetuals — what each does, the components it uses, real backtest numbers, and a one-click fork into a Keel workspace where you can run it yourself.

By Keel Research Team · Updated May 12, 2026

What a strategy page covers

Each strategy on Keel is a documented, runnable system — not a "strategy template" in the abstract sense. Every page covers:

  • What it is — a plain-English explanation of the trade and when it historically works.
  • How it works — the pipeline Keel uses to run it: universe selection, signal generation, sizing, execution.
  • Real backtest numbers — Sharpe, return, max drawdown, win rate, period — pulled from a specific backtest run in Keel’s registry, with the run ID footnoted.
  • Regime notes — when this strategy historically fails, and what to watch for live.
  • A fork CTA — open the strategy in your own Keel workspace, run your own backtest, deploy live.

Strategies on this page are real systems with real numbers — not idealized templates. If a strategy is documented here, it has a working backtest in Keel’s registry and you can fork it directly.

Available strategies

Funding Carry

Live

Short Hyperliquid perps paying the highest funding, hedged with spot or another long perp. Collect funding while volatility stays contained. The classic crypto carry trade, sized for Hyperliquid's funding cadence.

Style: market-neutral · Universe: HL top-100 perps · Holding period: hours to days

Trend Following

Live

Time-series and cross-sectional momentum applied to the Hyperliquid perp universe. Buy strength, hold winners, exit on reversal — the most studied edge in financial markets, adapted for HL's 24/7 + hourly funding mechanics.

Style: directional · Universe: HL top-100 perps · Holding period: days to weeks

Dual Momentum

Live

Antonacci-style: long only when the asset beats both its peer cohort (relative momentum) AND cash (absolute momentum). Fewer signals than vanilla trend following, materially smaller drawdowns at regime transitions.

Style: directional, filtered · Universe: HL top-100 perps · Holding period: days to weeks

Three documented strategies live; more in development. Each gets the same treatment: real backtest, real numbers, forkable into your own Keel workspace. Statistical arbitrage, mean reversion, risk parity, and volatility targeting are next in the queue.

Build your own

The strategy library is one path. The other is to build yours from scratch in Keel — same components, same backtest engine, same live-deployment pipeline. Start from a screen in the Hyperliquid Screener to find candidates, then iterate the signal logic with Keel’s AI-assisted strategy compiler.

Build a strategy in Keel Screen HL markets
Automate it

Trade systematically on Keel

Keel is a Strategy OS for AI-assisted systematic trading on Hyperliquid. Backtest, optimize, and run live strategies across single-stock perps, indices, and crypto majors — realistic fees, slippage, and funding modeled.

Free to start — connect a Hyperliquid wallet when you’re ready to go live.

Start in Keel Screen HL markets
What you can do
  • Backtest any strategy with realistic fees, slippage, and funding.
  • Optimize parameter grids by Sharpe, drawdown, hit rate.
  • Deploy live to HL with stops + position limits + funding-aware execution.
  • Iterate with AI — describe a thesis, get a tradeable pipeline.
Related

Funding Carry Strategy

Short the perps paying the most funding, hedge the directional exposure, collect carry. Real backtest numbers + Keel pipeline.

Hyperliquid Screener

Build a custom cross-sectional screen across HL perps. Pick signals, thresholds, universe — recompute hourly.

Stock perpetuals on Hyperliquid

Full coverage of HIP-3 equity perps live on Hyperliquid — NVDA, TSLA, S&P 500, Nasdaq-100, more.