Margin Syndicate

Derivatives Trading API

Hedged volatility harvesting on OKX and Binance, plus screened, long-only oscillation grids for Hyperliquid SMAs. Hyperliquid grids are unhedged; no hedging bots run on that venue.

Account Access

We welcome enquiries for separately managed accounts. The minimum for an SMA is $50,000. Below that, the same strategy is accessible through Zignaly.

Our strategies operate in low-liquidity venues where uncoordinated execution — including account closures — can materially move prices against all participants. Entries and exits are executed by the desk in an orderly manner, whether through an SMA, our pooled vehicle or Zignaly.

All arrangements are governed by our High Water Mark policy: performance fees are charged only on new net gains above the previous peak, so you are never charged twice for the same gains.

For SMA enquiries, contact us. Read our High Water Mark policy.

Venue Tiers

Tiering is sourced directly from the Exchange Quality Report. Hedge-mode tiers link to their report verdicts; narrower product-specific access is shown separately below.

Tier 1

Approved for client allocation

Hedge mode, netted margin treatment and withdrawal integrity observed through stress. Client capital is routed here.

  • OKX
    GREEN

    Primary venue. Unified Account netting, portfolio margin (PM4), MAS licensed.

  • Binance
    AMBER

    Secondary SMA venue. Deepest perpetual liquidity. Allocated with enhanced risk management.

Tier 2

Probe only

Firm capital, sub-$1,000, no client funds. Venues under B-book suspicion or active evaluation. Probe size is fixed and does not scale on performance.

  • BingX
    Order-cap constrained

    Hedge mode available and coverage is broad, but accounts are capped at 170 concurrent open orders. That ceiling throttles ladder-based and high-frequency execution, so probe capital only.

  • Aster
    Under evaluation

    Transparent perpetuals DEX with hedge mode. Sizing constrained pending depth and settlement observation through a full stress window.

Tier 3

Not supported

Exited or failed venues. No client capital, no firm capital, no probes.

  • MEXC
    RED — exited

    Documented seizure and evidence-destruction record. No client capital, no firm capital, no probes.

  • Blofin
    RED — exited

    Withdrawal-integrity failure, August 2026. Principal-only withdrawal offered to a profitable managed account.

  • Bitget
    RED — incident

    Withdrawals reopened following the 24 September 2026 breach. RED rating retained. No allocation or probes.

  • Shared ownership structures alleged across LBank, MEXC and WEEX.

  • WEEX
    RED

    Synchronised outages and identical seizure mechanisms during volatility events.

  • Inadequate derivatives liquidity for systematic execution.

  • HTX
    RED

    Withdrew from Singapore rather than face scrutiny. Not allocated.

Hyperliquid
OPEN — GRID ONLY

Accepting SMAs for screened, long-only oscillation grids. Positions are unhedged and can accumulate long inventory and drawdown during a sustained decline. No hedging bots run on Hyperliquid.

Coming soon
  • Kraken
    Likely approved

    Coming soon. Regulated venue with a long custody record — likely to be an approved deployment venue once integration and stress observation are complete.

  • OKX Europe X-Perps
    Likely approved

    Coming soon. OKX's European perpetuals product — likely to be an approved deployment venue, extending the existing OKX integration to a regulated European wrapper.

We do not run SMAs on Bybit. Cross Margin plus Hedge Mode splits the position — 1.2x maintenance on the hedged portion plus full initial margin on the unhedged leg — so true netting is unavailable. Copy Trading or a NAV pool only.

How we trade swaps

Hedged where supported. Grid-only on Hyperliquid. Purely mechanical.

Core: hedging bots

The default seat on almost every symbol we run. The bot harvests volatility rather than direction: it rebalances around a defined band and books realised clips each time price oscillates through it.

Exposure is bounded by construction and live-editable — band width, ladder depth and size can be adjusted while the system is running, without unwinding the book. Drawdown is a parameter, not an outcome.

Hyperliquid: grid-only SMA

Hyperliquid accounts run long-only oscillation grids. As price falls, the grid accumulates long inventory; as price recovers, it sells that inventory back through the ladder.

This product is unhedged. In a sustained decline the account carries the accumulated inventory and its drawdown. There are no Hyperliquid hedging bots.

Markets are admitted only after the full reversion, holdout, regime, liquidity, funding and net-cycle-economics screen. Read the Hyperliquid SMA mandate.

Special situations: funding-capture campaigns

Deployed selectively, when crowded positioning pays us to stand on the other side.

We trade the other side of momentum — with structure, not conviction.

When leveraged flows press a market to extension, we deploy graduated passive liquidity into the move. Each grid fill absorbs momentum and flattens our delta; a standing hedge caps the tail while the ladder loads. We are not predicting the turn — we are being paid to wait for it.

At extension, funding becomes the trade. Crowded positioning pays extreme rates to hold; we collect them daily on the other side. Once velocity fades, carry outruns delta — time works for us and against them.

The exit is built into the structure. Crowded positioning must eventually unwind through the order book — and our grids are the book it unwinds through. We scale out into their exit, long or short, in either direction of extension.

A note on ethics

We don't spoof liquidation bands or coordinate to gun stops. We stand on the other side of crowded flow and get paid to wait.

Account Mode

Hedge Mode — hedging systems

Binance and OKX

Hedging systems hold long and short legs simultaneously on the same symbol and therefore require true position netting. We do not run hedging bots on a venue without hedge mode.

We do not run SMAs on Bybit. If Bybit is required, use Copy Trading instead.

One-way mode — grid-only SMA

Hyperliquid

Hyperliquid SMAs are accepted for screened, long-only oscillation grids only. The account is unhedged and does not hold an offsetting short leg.

Falling price accumulates inventory. A recovery sells it back through the grid; a sustained decline carries inventory and drawdown.

Register for API Access

Simple API Setup

Get direct access to our proprietary trading algorithms

To set up API access, simply contact us directly. We'll guide you through the process and provide you with the necessary credentials to access our proprietary trading algorithms.

Important Note on Vaults

Vault-style accounts on some venues use separate infrastructure and cannot be accessed via API for automation. If you're interested in running systematic or algorithmic strategies, we strongly recommend using a standard account for full compatibility and transparency.

SMA Pricing Structure

• Performance-based fees: 35% (under $100k) / 20% (over $100k)

Custom arrangements available upon discussion

Features

Algorithmic Trading

Our proprietary algorithms analyse market conditions in real-time to execute optimal trades based on mathematical models and historical data.

RESTful API Access

Simple integration with our secure API endpoints allows us to connect directly to your trading accounts, with no need to modify your existing systems.

Risk Management

Sophisticated risk management protocols built into our algorithms help protect capital during volatile market conditions.

Zignaly Integration

Seamless integration with Zignaly's profit-sharing platform for transparent performance tracking and easy account connection. Also available via Separately Managed Account for direct managed solutions.

How It Works

1

Contact Us for API Access

Reach out to us through our contact form or direct channels to discuss API access to our trading algorithms.

2

Receive API Credentials

After our initial conversation, we'll provide you with the API credentials and documentation you need.

3

Integrate Our API

Simply provide us with your API key. Our integration process is straightforward - you just need to send us a single API key and we'll handle the rest.

4

Monitor Performance

We'll directly attach to your trading accounts, allowing you to monitor performance in real-time without any additional setup.

Access Options

Access via Zignaly

The fastest way to access our trading algorithms — sign up to Zignaly's profit-sharing platform and connect to our strategy with full transparency and verifiable performance.

Separately Managed Account (SMA)

Hedged systems run on Binance and OKX, where hedge mode permits simultaneous long and short legs. We also accept Hyperliquid SMAs for screened, long-only oscillation grids only. Hyperliquid grids are unhedged and carry inventory and drawdown in a sustained decline. We do not run SMAs on Bybit.

SMA Fee Structure

• 35% performance fee on equity portions below $100k

• 20% performance fee on equity portions above $100k

*Unless otherwise discussed and agreed

Identical performance across multiple accounts is not achievable at the account level. Where that is a requirement, exposure runs in a pooled NAV structure (Zignaly or aggregator SMA).

Managing multiple SMAs and want identical results? Separate accounts will not track each other. Fills, start times, available depth and account equity differ, so outcomes diverge by construction. If identical performance across accounts is a requirement, the structure is a single NAV pool — currently Zignaly or our aggregator SMA — where one book and enforced exposure limits replace many accounts drifting independently.
FAQ

Derivatives API FAQ

Common questions about unified API access to crypto derivatives

Which exchanges and strategies are supported?

Hedged SMAs are offered on OKX and Binance; Hyperliquid SMAs are screened, long-only grids with unhedged inventory risk. KuCoin, Bybit, BloFin, BingX and OKX copy-trading links are on Stats. Options deployment is separate: the 3 October update distinguishes Deribit's expanded experimental profile from Coincall's four-family build.

Does DirectAPI give me a general-purpose market-data API?

This page describes API-connected managed trading in your exchange account. The agreed mandate determines instruments, strategy and venue support. It should not be read as a promise that every data feed or every instrument is available through a public developer API.

How do I arrange API access?

Contact us to confirm the account and strategy first, then follow the agreed secure setup process. Trading access should not include withdrawal permissions. Do not submit API secrets through public contact forms. Access and operational readiness must be confirmed before trading starts.

Hyperliquid SMAs are open — for grids only

Hyperliquid accounts run screened, long-only oscillation grids. They do not run hedging bots because the venue does not support simultaneous long-and-short legs on the same contract.

  • Unhedged inventory risk. A grid accumulates long inventory as price falls and sells it as price recovers. A sustained decline carries both that inventory and the resulting drawdown.
  • Screened before selection. Every market must pass the reversion battery, unseen holdout, regime, liquidity, funding and net-cycle-economics checks published in Bot Research.

If that unhedged profile is unsuitable, our hedged SMA systems remain available on OKX and Binance.

Read the Hyperliquid SMA mandate