Research preview

Hyperliquid has just surged past $97, a level never seen before. Such moves create both opportunity and risk for quantitative traders. This article explains how corporate‑style risk management techniques can be applied to crypto trading, focusing on position sizing, stop‑loss selection, and the impact of a tight risk budget. Why a New High Changes the Risk Landscape When an asset breaches a historic level, volatility often spikes. Traders who simply scale in based on previous price behavior may unintentionally over‑expose capital. A disciplined risk framework forces the trader to ask: how much of the portfolio am I willing to lose on a single trade? By setting a risk budget—commonly a...