🐆 COUGAR v1.0 — U.S. Equity Long/Short Hedge Fund

Cougar trades the tokenized U.S. equity market on Hyperliquid — now the fastest-growing corner of the venue (HIP-3 stock markets did >$18B in the first half of June 2026, and 23 of the top-30 HL assets by open interest are equities

• commodities, not crypto). It runs the classic equity hedge-fund play: long the strongest stocks, short the weakest, market-neutral — harvesting the dispersion between leaders and laggards, which is at a multi-decade extreme. One producer script (cougar-producer.py) serves both books; the COUGAR_LEG env var selects which.

Funded ~equally, the two books' notional offsets → ~beta-neutral: Cougar makes money on the spread between the best and worst tokenized stocks, not on whether the stock market goes up or down.