DEFI BELLWETHER
SIGNAL BOT LIVEAAVE pair-trade against ETH. When AAVE diverges more than 5pp from ETH over 24h, fades the gap.
LIVE EQUITY
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AAVE pair-trade against ETH. When AAVE diverges more than 5pp from ETH over 24h, fades the gap.
Among major DeFi tokens, AAVE has the lowest correlation to BTC (0.63 over 60 days vs 0.85+ for most alts). It follows its own drivers — TVL changes, governance proposals, lending demand, ETH gas spikes. When AAVE's 24-hour return diverges sharply from ETH's (more than 5 percentage points either way), statistical mean-reversion suggests convergence within 1-3 days. The bot fades the gap: shorts AAVE when it overextends up, longs when it underperforms down.