📄️ Strategy Vaults on Perps
Introduction
📄️ Delta-Neutral Yield Strategies in Perps
When a trader opens a position on a perp DEX, their trade is matched against either another trader (via orderbook), a liquidity pool (via AMM), or a hybrid system. These design choices affect hedging accuracy, slippage, and rebalancing frequency
📄️ Strategy Vault through a Hedged Liquidity Pool Model
Delta-neutral vaults aim to exploit inefficiencies in perp markets, especially during sustained imbalances in open interest and funding. This is distinct from directional exposure (e.g., long-BTC), staking-only strategies, or passive ETF-style products.
📄️ Strategy Vault Performance Optimisation Framework
Delta-neutral strategy success depends on multiple profit drivers and their optimization. Below is a summary framework for assessing PnL components: