baghedgeLaunch app

10 October 2025

baghedge started with one bad night.

$3.21 billion of leveraged positions were liquidated in a single minute. Our coins sat where they always sit, a Ledger in a drawer and SOL staked in Phantom, and we had two choices: sell coins we'd held for years, or watch. We watched. Most holders did.

So we built what we wanted that night: a Hyperliquid terminal that can hedge the SOL in your wallet. Set a price on the chart. If the mark crosses down through it, a short up to your cap opens, and it tries to close when the price recovers. Your SOL never moves.

The team.

Co-founder & CEO

Mihir

Builds the parts of baghedge that touch money: the worker that runs every hedge, and the guard in the OutLayer enclave that signs only what your rule allows.

Co-founder & CTO

Vivek

Builds products people can feel. Before baghedge he made musdy, a one dollar way to buy any coin on any chain from Mezo, and Liquid Components, open-code Liquid Glass components for React and shadcn/ui. Designs and animates everything you see here.

100x employee

Claude & ChatGPT

Never sleeps, never asks for equity. Wrote half the code, drew the diagrams, and argued with us about easing curves. Lost most of those.