The vault arbitrages between SMARDEX perps and Hyperliquid funding rates, targeting 15–20% yearly yield.
Chain
Ethereum
Deposit Token
USDT
Total deposited
$921.11K
- $5.07K
Net APR
Position
You have no positions in this vault.
DEPOSIT
USDT
$-
0USDT
Remaining capacity∞
Chart
1yieldUSDT
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.
EVERYTHING, the platform brings the most elegant and self-governing, innovative solution to power minting, swapping, borrowing, lending, and margin trading through a single liquidity pool managed by one smart contract.
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.
EVERYTHING, the platform brings the most elegant and self-governing, innovative solution to power minting, swapping, borrowing, lending, and margin trading through a single liquidity pool managed by one smart contract.