Low RiskActive Vault

Delta-Neutral USDC Basis

Capture market inefficiencies by longing spot assets while simultaneously shorting perpetual futures. A market-neutral strategy optimized for stablecoin yield.

Target APY12.4% — 15.8%
DurationAnytime Withdrawal

Yield Performance

Jan 2023
Current
Max Drawdown
-0.42%
Sharpe Ratio
4.12
Total TVL
$42.8M

Institutional-Grade Execution

Our automated engine manages positions 24/7 across multiple liquidity pools.

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1. Capital Deployment

USDC is split: 50% provides liquidity to GMX markets, while 50% is utilized for short positioning to maintain neutral delta.

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2. Continuous Rebalancing

The vault monitors funding rates and skew every 15 minutes, rebalancing short positions to minimize liquidation risk and maximize yield.

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3. Yield Auto-compounding

Accrued funding fees and trading incentives are harvested daily and swapped back into USDC to grow your principal balance.

Proof of Reserves

databaseOn-chain Collateral
$42,842,109.20
tokenLocked in GMX LP
$21,411,054.60
receipt_longShort Margin (USDC)
$21,431,054.60

Contract Addresses

Strategy Vault0x4e...f2b4
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Yield Controller0x1f...d59a
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Fee Structure

Management Fee1.0% / year
Performance Fee10% of profit
Entry / Exit Fee0.00%

FAQ

How does the delta-neutral strategy work?expand_more

The vault holds a spot position in the underlying asset while simultaneously shorting the equivalent perpetual future. This neutralizes price exposure, and the yield comes from the funding rate spread between the two positions.

What are the risks?expand_more

The main risks are negative funding rates (where you pay instead of earn), exchange counterparty risk, and smart contract risk. The strategy is not exposed to directional price movement.

Can I withdraw at any time?expand_more

Yes — there is no lock-up period. Withdrawals are processed as the vault unwinds the corresponding spot and perp positions.