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Bull vs Bear

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Strategic Trading with Bull vs. Bear

Bull vs. Bear is Neutron’s innovative trading platform that enables users to create and execute sophisticated long-short strategies through narrative-based Clusters. It provides a powerful way to gain targeted exposure to specific market narratives without managing multiple individual positions.

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What are Clusters?

Clusters are strategic groupings of multiple long and short positions packaged into a single tradable unit. This allows traders to express directional views on broader market narratives or trends, rather than individual assets.

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Key Features

Narrative-Based Trading: Express views on market narratives like “BTC Dominance,” “Ethereum L2 Growth,” or “AI Tokens” through unified positions. Long-Short Combinations: Gain exposure to relative price movements by simultaneously going long on certain assets and short on others. Pre-Made Clusters: Choose from professionally designed Clusters or create your own custom combinations to match your market thesis. Customizable Weights: Adjust the weighting of individual assets within a Cluster to fine-tune your exposure and risk profile.

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How Clusters Work

Clusters allow you to express complex market views through unified positions: For example, if you believe in Bitcoin dominance increasing:
  1. Create a Cluster that goes long on Bitcoin
  2. Add short positions on altcoins you expect to underperform
  3. Set your preferred weights for each position
  4. Trade the entire Cluster as a single unit

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Example Clusters

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BTC vs Blue Chips

BTC (Long)50%
ETH (Short)25%
SOL (Short)25%

This Cluster expresses a bullish view on Bitcoin’s dominance relative to leading altcoins.

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Ethereum L2’s

ZK (Long)33%
OP (Long)33%
ARB (Long)34%

This Cluster expresses a bullish view on the Ethereum Layer 2 ecosystem.

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Dynamic Funding Strategy

BERA (Long)25%
Trump (Long)25%
OSMO (Short)25%
TIA (Short)25%

This Cluster capitalizes on funding rate differentials across various assets.

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Benefits of Cluster Trading

  • Narrative Exposure: Gain exposure to thematic market movements rather than individual assets
  • Simplified Management: Manage multiple positions through a single interface
  • Reduced Transaction Costs: Execute complex strategies with fewer individual trades
  • Balanced Risk: Diversify within a theme while maintaining directional exposure
  • Capital Efficiency: Deploy capital across multiple positions with a single transaction

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Creating and Using Clusters

Define Narrative: Identify the market trend or thesis you want to express → Select Assets: Choose which assets to go long and short → Set Weights: Determine capital allocation for each position → Deploy Capital: Execute your strategy with a single transaction and monitor performance

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Use Cases

Sector Rotation: Create Clusters that express views on one sector outperforming another, such as DeFi vs CeFi or NFTs vs Gaming. Market Hedging: Establish hedge positions against your existing portfolio by creating inverse Clusters to specific market segments. Trend Following: Capitalize on emerging market narratives by creating Clusters aligned with developing trends.

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Get Started with Bull vs. Bear

Explore Clusters: Browse pre-made Clusters or create your own on the Neutron app Trading Dashboard: Monitor and manage your active Clusters through the platform interface Community: Discuss trading strategies with other Cluster traders in the Neutron Community Telegram
Coming Soon: Enhanced Cluster analytics, automated rebalancing, and additional asset types for even more sophisticated narrative-based trading strategies.