BTC volatility range at 3 sigma, recenter after an hour out

Playbook

What the strategy does, in the factory's words.

1. At startOpen one position in WBTC/USDC 0.30% on Ethereum. Range width comes from volatility: ±3σ of the expected 24 h price move (σ from hourly pool prices over the last 24 h), never narrower than −3% … +3% and never wider than 50% in total. Centered on the pool price at entry. Both tokens go in, in the ratio the range needs; the missing part is swapped at entry. 5% of the capital stays outside the position as a reserve.
2. Price is inside the rangeDo nothing. The position earns swap fees; they stay in the position and are not reinvested.
3. Price stays outside the range for 1 hClose the position and reopen it around the current price with the same width rule (σ recomputed). Costs gas and a swap. Not more often than once per 6 h.
4. Chainlink price feed of either token is stale or missingMake no changes until the feed is fresh again.
5. End of the 30d horizonRemove the liquidity and keep both tokens as they are, without a swap.
6. NeverSell because the price falls (there is no stop-loss); move liquidity to another pool.

Metrics