USDC Basis (PerpsBasket)
The USDC Basis strategy has achieved incredible success, making it a standout approach for earning yield in both bull and bear markets.
Last updated
The USDC Basis strategy has achieved incredible success, making it a standout approach for earning yield in both bull and bear markets.
Last updated
This strategy applies the winning principles across a diverse set of assets for more stability and growth potential.
With this new product, we’re broadening the scope of our proven USDC Basis strategy. By spreading funds across multiple assets, USDC Basis (PerpsBasket) enhances resilience and minimizes risks, delivering consistently high returns.
This strategy is a yield-generating powerhouse, delivering consistent returns every hour. Unlike many other strategies, it shines in all market conditions. Whether it’s a bull or bear market, USDC Basis capitalizes on arbitrage opportunities with precision and low risk.
It’s all about exploiting funding rate inefficiencies. For instance, analyzing SOL-PERP funding rates on Drift reveals some impressive stats:
Positive funding rates for 91.5% of the past year
An average annualized funding return of 30%
By arbitraging funding differences between assets, the strategy provides not just consistent yields but also ensures reduced risk through dynamic hedging.
Basis trading involves capturing the price difference between an asset’s spot price and its futures price. In the USDC Basis strategy, this means:
Shorting multiple liquid PERPETUAL FUTURES CONTRACTS on Drift
Buying spot positions dynamically
This combination delivers robust and stable yields through funding fees.
Execution Logic:
Positive funding: Run the basis position.
Negative funding for 5+ days: Reverse the basis position.
The strategy ensures adaptability across market scenarios, leveraging dynamic hedging and diversification. By staying nimble and analyzing funding rates, the strategy reduces risk while maximizing returns.
25% performance fee on profits our trading made for you. Fees are calculated monthly or at the time of withdrawal.
To optimize liquidity and returns, deposits come with a brief 1-day redemption period.
USDC Basis (Perps Basket) launch date - 9th December
