The vault arbitrages between SMARDEX perps and Hyperliquid funding rates, targeting 15–20% yearly yield.
Chain
Ethereum
Deposit Token
USDT
Total deposited
$362.51K
+ $20.49K
Net APR
Position
You have no positions in this vault.
DEPOSIT
$-
0USDT
Expected settlement
Chart
1yieldUSDT
0.000000USDT
$0.00
Strategy
This vault aims to arbitrage between SMARDEX’s perpetuals and Hyperliquid’s funding rates. When SMARDEX’s rate is lower than Hyperliquid’s, we go long on SMARDEX’s perp and short on Hyperliquid. When the opposite occurs, we close the positions and mint USDN to maximize the capture of SMARDEX’s funding rates.
Composition
Updated every 6 hours
Fees
Management
0%
Performance
0%