Trading strategies by coin

We ran every launch strategy on each asset alone — 20 liquid Hyperliquid perps, 2024-08-15 → 2026-09-29, net of fees. 9 assets have a strategy that clears our Sharpe 1.0 bar, 6 are marginal, and 5 have no winner at all. All of it is below, including the misses.

By Keel Research Team · Data as of 2026-09-29 · how these backtests were produced

Has a working strategy

9 assets

At least one strategy clears the Sharpe 1.0 bar.

Marginal

6 assets

Best strategy lands between 0.8 and 1.0 — proceed with caution.

No strategy clears the bar

5 assets

Nothing we tested worked well enough to run. We publish it anyway.

Looking for gold? Hyperliquid’s gold perp is a HIP-3 market that Keel doesn’t support yet. Gold trading strategies →

Questions

By-asset strategy FAQ

Which crypto has the best trading strategy?

Of the 20 liquid Hyperliquid perps we tested, 9 have at least one strategy clearing our Sharpe 1.0 bar, 6 are marginal, and 5 have no strategy that works well enough to run. Each per-asset page shows the full leaderboard.

Do trading strategies work on every coin?

No. On 5 of 20 assets, none of our tested strategies cleared the bar. Publishing those honest no-winner verdicts is the point — a strategy that only "works" on the coins you cherry-pick isn't a strategy.