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    • Yield Bearing Token
    • Overview Strategies
      • $HYPE Vault on HyperEVM
      • Hyperliquid USDC HYPE Delta Neutral Vault
      • KelpDAO Enhanced ETH Vault
      • Pendle Delta Neutral Vault
      • GMX - ETH - Delta Neutral Vault - ETH
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        • How to connect and fund your wallet on HyperEVM
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  1. PRODUCT: HARMONIX FINANCE
  2. Overview Strategies

KelpDAO Enhanced ETH Vault

Backend detail for our KelpDao Delta Neutral Vault (Arbitrum) & KelpGain Delta Neutral Vault (Ethereum).

PreviousHyperliquid USDC HYPE Delta Neutral VaultNextPendle Delta Neutral Vault

Last updated 4 months ago

Generating yield by shorting ETH on perp markets with a favorable funding rate, while holding ETH in a spot to be neutral delta against USD.

The strategy employed involves maintaining equivalent long and short positions in assets to offset exposure, thereby achieving delta neutrality. This approach allows the vault to capitalize on yield opportunities while mitigating risk.

Track Performance:

https://app.harmonix.fi/dashboards/65f75bd7-a2d2-4764-ae31-78e4bb132c62