AIR rules
Last updated November 6, 2026
In short
- APEX V10 R6 follows fixed rules in your own cloud.
- Six modes, with Passive as the default. Mode changes need approval for a new Run.
- Selects up to 2 spot coins, or keeps USDC.
- Uses closed 4-hour prices. Each holding keeps its original first-fill clock.
- Stop, Sell all and Withdraw are separate actions you control.
- Trading can lose money.
1. This release
New AIR installations use APEX V10 R6, version 6.0.0-apex-v10-r6. The signed Worker is identified by sha256:67db16545e2e08b1634ec48ee7123deb01cf15d82c76ecd3e5ddbd5eb0b03d6b. Setup checks this identity before pairing your own cloud.
Your installed rules stay fixed. Publishing a new release does not replace an existing installation or change its trades. The Engine row before Start names the engine in your own cloud.
2. Six modes, with Passive as the default
The order is Defensive, Passive, Medium, High, Extra High and Ultra High. It describes investment intensity, not a forecast or a ranking of financial results.
- Defensive. Daily review at 04:00 UTC, at most 50% of the normal new allocation and market breadth above 55%. The same stricter policy continues after a buy.
- Passive. The original daily schedule and confirmed market checks. It may wait for a qualifying daily review before buying.
- Medium. One additional confirmed basket review in the UTC hour when you Start, then the daily schedule. An unfilled attempt does not create extra hourly attempts.
- High. Hourly confirmed basket reviews until the first actual buy, including a partial fill. Repeated reviews can use the same closed 4-hour signal.
- Extra High. Hourly reviews of the highest-ranked eligible coin, with the original market and momentum checks. The initial allocation is concentrated in that coin, with no fallback to a lower-ranked coin.
- Ultra High. Hourly reviews of the highest-ranked eligible coin with valid reference history and at least 4 eligible markets. Its first entry does not require positive Bitcoin direction, market breadth or positive one-day and three-day momentum. It can buy a falling market.
Change mode on the AIR asset page before a fresh Run, or after the current Run has ended and its holdings and orders are settled. A new passkey approval saves the selected mode for the next Run. Applying a mode does not Start, Stop or sell anything. A paused or unfinished Run keeps its original mode.
3. Which tokens AIR can select
AIR considers Hyperliquid spot markets quoted in USDC. It requires 181 consecutive, original, closed 4-hour candles and median trading value of at least $50,000 per candle over the preceding history. It does not manufacture shorter candles from daily prices.
Stablecoins, tokenized gold and the excluded staking tokens are not selection candidates. Unverifiable market data cannot authorize a new trade.
4. When it keeps USDC
For the original confirmed entry checks, Bitcoin's Hyperliquid spot price must be above its price seven days earlier, and more than 40% of eligible markets must have risen over that period. Defensive requires the higher breadth threshold described above. A selected coin must also have risen over both the last day and the last three days.
Ultra High's first-entry exception is described above; it still requires verifiable reference history, eligible markets and all execution checks. The other modes do not bypass their confirmed entry checks. Running does not mean AIR must buy.
5. Which coins it selects
APEX V10 R6 preserves the original momentum ranking, distance from the previous high, position within the last candle and recent volatility. The ordinary basket can contain at most 2 coins.
For an ordinary basket, one qualifying candidate has a 80% quote-budget weight. With two candidates, a score gap above 0.2 concentrates the intended budget in the stronger coin; otherwise the weights are 80% / 20%. Defensive scales down new allocation. Extra High and Ultra High instead begin with a single-coin budget. These are purchase intentions; fees, available cash and execution limits determine actual fills.
6. How much it can trade
New purchases preserve a 99.5% available-cash limit. Actual fees, existing holdings, available order-book depth and the market's capacity can reduce an order or prevent it. Other tokens sent to your wallet and amounts too small to sell may remain outside the active allocation.
For each coin, a new selection also caps planned purchases at 1% of its median trading value per 4-hour candle. Already-issued orders retain their saved allowance. This is a limit for your own Worker; it does not reserve liquidity across other traders.
AIR has no platform starting-capital minimum. The supported amount is expressed in whole USDC cents. New purchases still need at least $10, with money left for actual fees. A qualifying full-balance sale may use the venue's small-balance exception only after its balance and order checks. A small balance may stay in USDC while AIR runs. External sending apps, deposit routes and withdrawals have their own minimums and fees.
7. When and how it trades
Start begins checking settled 4-hour market history and the selected mode's first-entry conditions. It places no new order until its data, balance and execution checks finish. Medium's one-time review belongs only to the actual Start hour; a delay beyond that hour falls back to the daily schedule.
After any actual first buy, including a partial fill, High, Extra High and Ultra High stop their extra hourly entry reviews and follow the original daily schedule at 04:00 UTC. There is no deliberate top-up or reopening of that first-entry phase. An already-issued order may still reconcile within its original validity window.
Each holding keeps its actual first-fill timestamp. The original 84 4-hour-bar rule uses the last closed candle's opening time and daily review, normally producing an eligible exit around 15 elapsed days after the first fill. It is not a fixed 14-day account lock or a promised settlement date. Reloading the page, restarting the cloud or resuming the same Run does not reset this saved clock.
Stop, Sell all and the loss limit remain separate controls. A missing or uncertain order response is reconciled before another order can be sent; it is never treated as permission to repeat an order.
Orders are immediate-or-cancel limit orders. Each accepts at most 0.5% slippage. Ordinary orders use at most 25% of visible depth within 0.5% of the price. A sale that closes the entire holding may use up to 50% of that depth to avoid leaving a remainder below the $10 order minimum. An unfilled order is not chased beyond these limits.
8. Loss limit and stopping
Before Start, choose a loss limit of 25%, 35% or 50%; the default is 35%. If the monitored value reaches that loss from your reviewed starting amount, AIR begins selling to USDC and ends the run after its orders are reconciled. Market gaps, fees and liquidity can cause a larger loss.
Stop prevents new trading and checks any earlier order; it does not sell your coins. Sell all requests a sale of the wallet's non-USDC spot balances. The screen reports any unsold remainder before you continue to Withdraw. A withdrawal is a separate action you review and sign.
9. Your wallet and cloud
New installations use a wallet on your own cloud. A passkey on that wallet's own origin approves the exact owner action. Ordinary signing keeps its private key in your Wallet Worker; an optional encrypted recovery backup requires a separate owner verification. Supermarket does not receive the private key. Older device-wallet installations retain their original signing and recovery path.
The installed trading code has no withdrawal or transfer signer. No leverage, shorting, perpetual futures, lending, AI model or central trading signal is used. Your cloud runs the fixed rules you approved.
10. Rules are not forecasts
These rules describe behavior, not a predicted result. Earlier tests do not establish what will happen next. You can lose most or all of the money you trade with. Read the Risk disclosure and the AIR software licence.