ExperimentalSimulated

Kestrel Adaptive band · Hyperliquid trading bot

Kestrel is a rule-based trading bot for 20 Hyperliquid perpetual markets. The results below come from a paper account on live prices since Aug 21, 2026.

Explores pullbacks and momentum around adaptive price bands, with several signals shaping each entry. Its exit rules respond to profit, time in the trade and momentum.

Markets: 20 perps
Candles: 15m
Running since: Aug 21, 2026
From: 20.00 USDC

−1.42%

since Aug 21 · 10,000 USDC paper account · fees and funding included

Data as of Oct 29, 01:53 UTC

Last 30 days: −3.10%
Max drop, 30 days: 4.3%
Win rate, closed: 90%
Worst open position: −6.93%

ReturnDrawdownOct 2Oct 6Oct 10Oct 14Oct 18Oct 22Oct 26

Return since startDrawdown from highWinning closeLosing close

Temperament

Read from its own trades, not from a label.

Trades5.2 a day

RarelyConstantly

About 5.2 trades a day across 20 markets. Holds a trade about 4 hours (median).

Win sizeAvg win 0.11× avg loss

Small and frequentBig and rare

90% of trades close in profit, but one average loss wipes out about 9.0 average wins.

Swings4.3% max drop, 30d

CalmWild

Deepest drop in the last 30 days: 4.3%. Worst single trade −8.97%.

How Kestrel enters and exits

Read from its paper trades so far.

Entries: 362 long and 0 short trades so far, on 15m candles.
Exits: Custom exit: 321, Stop loss (exchange): 28, Stop loss: 9 (of 358 closed trades).
Holding time: About 4.0 hours for the median trade.
Leverage: Up to 1× on recorded trades.
Open now: 4 positions open; the weakest, AAVE, is at −6.93%.

Every trade since Aug 21

Each dot is one closed trade, placed by close time and return. Bigger dots used more capital.

321 won · 37 lost

avg −0.03%Aug 22Sep 5Sep 19Oct 3Oct 17

Average trade: −0.03%
Typical win: +0.73%
Typical loss: −8.17%
Exits by Custom exit: 321 of 358

Time in the market

Open positions over time.

In a trade 100% of the time · peak 4 · now 4

Aug 22Sep 5Sep 19Oct 3Oct 17

Metrics

Every number from the paper account since Aug 21.

How these numbers are measured

Returns

Total return: −1.42%
Last 30 days: −3.10%
Net PnL, closed trades: −$49.33
Gross profit: +$1.48K
Gross loss: −$1.53K
Open positions PnL: −$92.19
Average trade: −0.03%

Risk

Max drop, 30 days: 4.3%
Worst trade: −8.97%
Average loss: −$41.23
Losing trades: 37 of 358
Longest losing streak: 3 trades
Open exposure: $1.91K
Leverage: 1×

Trades

Closed trades: 358
Win rate, closed: 89.7%
Profit factor: 0.97
Payoff ratio: 0.11
Average win: +$4.60
Best trade: +3.70%
Longest winning streak: 65 trades
Holding time: 4.0 h median · 14.3 h avg

Positions

4 open · 358 closed · times in UTC

Market	Side	Opened (UTC)	Entry	Now	Return	Result
TRX	Long	Sep 22, 12:31	0.34607	0.32967	−4.71%	Open
AAVE	Long	Oct 24, 09:04	140.62	131.17	−6.93%	Open
APT	Long	Oct 28, 20:48	0.7017	0.6751	−3.88%	Open
INJ	Long	Oct 29, 01:18	8.0199	7.7915	−2.93%	Open

Market	Side	Opened (UTC)	Entry	Exit	Return	Result
INJ	Long	Oct 27, 15:33	8.1438	8.1809	+0.33%	Custom exit
BCH	Long	Oct 28, 18:36	285.8	287.67	+0.56%	Custom exit
ARB	Long	Oct 28, 04:48	0.17007	0.17133	+0.65%	Custom exit
XRP	Long	Oct 27, 18:33	1.3219	1.3298	+0.50%	Custom exit
BCH	Long	Oct 21, 20:18	287.95	289.73	+0.39%	Custom exit
HYPE	Long	Oct 27, 12:33	78.414	78.916	+0.55%	Custom exit
ADA	Long	Oct 27, 10:33	0.20249	0.20477	+1.04%	Custom exit
APT	Long	Oct 27, 03:04	0.6805	0.6851	+0.59%	Custom exit
DOT	Long	Oct 24, 02:18	1.0879	—	−8.09%	Stop loss (exchange)
HYPE	Long	Oct 21, 15:22	82.083	—	−8.07%	Stop loss (exchange)
LINK	Long	Oct 23, 23:18	11.735	11.841	+0.81%	Custom exit
LINK	Long	Oct 21, 20:18	12.654	—	−8.28%	Stop loss (exchange)
ADA	Long	Oct 21, 13:06	0.22769	0.2292	+0.57%	Custom exit
LINK	Long	Oct 21, 14:48	12.503	12.705	+1.52%	Custom exit
ARB	Long	Oct 20, 14:18	0.19719	0.19828	+0.43%	Custom exit
BTC	Long	Oct 14, 08:18	83,802	84,362	+0.40%	Custom exit
ETH	Long	Oct 16, 14:24	2,477.4	2,496.4	+0.59%	Custom exit
DOT	Long	Oct 20, 14:04	1.1599	1.1807	+1.70%	Custom exit
NEAR	Long	Oct 20, 11:04	4.6921	4.7478	+1.10%	Custom exit
NEAR	Long	Oct 19, 08:33	5.0733	—	−8.11%	Stop loss (exchange)

Showing 20 of 358

Markets

Net result per market, closed trades since Aug 21.

20 perps · 1× leverage

OP17 trades · 100% won+$82.17
LTC15 trades · 100% won+$57.70
BCH19 trades · 95% won+$44.10
ETH11 trades · 100% won+$37.67
DOT16 trades · 94% won+$34.80
AAVE29 trades · 86% won−$41.40
INJ24 trades · 83% won−$67.17
HYPE20 trades · 85% won−$76.97
XRP14 trades · 79% won−$84.62
SUI19 trades · 79% won−$95.75

AAVE
ADA
APT
ARB
AVAX
BCH
BTC
DOGE
DOT
ETH
HYPE
INJ
LINK
LTC
NEAR
OP
SOL
SUI
TRX
XRP

Since Aug 21, 2026 Kestrel has run on live Hyperliquid prices with a 10,000 USDC paper account, recording every entry and exit with fees and funding. No real orders were placed. Your live bot can fill at different prices, so results will differ. Past results do not predict future returns.

Questions about Kestrel

What does Kestrel trade?

Kestrel (Adaptive band) trades 20 Hyperliquid perpetual markets, including AAVE, ADA, APT, ARB, AVAX, BCH, on 15m candles.

How has Kestrel performed so far?

−1.42% since Aug 21, 2026 on a 10,000 USDC paper account, with fees and funding included. Last 30 days: −3.10%; deepest drop in that window: 4.3%. These are simulated forward results, not live fills, and do not predict future returns.

How risky is Kestrel?

Its risk level is Experimental. Worst closed trade so far: −8.97%. Its weakest open position, AAVE, is at −6.93%. Recorded trades use up to 1× leverage.

Can I run Kestrel with real funds today?

Not yet. New bots currently run in simulation on live Hyperliquid prices, without real orders, so you can follow a strategy trade by trade first.

How much do I need to start Kestrel?

Each strategy sets a minimum budget, from 20 USDC. While bots run in simulation the budget is a paper amount and no funds move.

Other strategies

Simulated paper returns, each since the strategy's own start date.

Kestrel

−1.42% since Aug 21 · simulated

Coming soon