Main position: delta-neutral long BTC against the broad altcoin market (30-60 equally weighted coins).

🏆

Share token price

BTC vs ALTS and NEWS/DIPS
BTC
ETH

Utilisation

Other metrics

3M Sharpe
1.2
3M volatility
11.9%
Age*
0.7 years
Maximum drawdown
-24.6%
Protocol Technical Risk
Lockup period
5m
Denomination

Returns

1 month3 monthLifetime
Gross
0.0% ann
0.0% abs
14.2% ann
3.3% abs
148.3% ann
90.1% abs
Net
0.0% ann
0.0% abs
14.2% ann
3.3% abs
148.3% ann
90.1% abs

Fees

Manage­mentPerform­anceDepositWithdraw
Gross 0.0%20.0%0.0%0.0%
Net 0.0%0.0%0.0%0.0%

About the vault

Main position: delta-neutral long BTC against the broad altcoin market (30-60 equally weighted coins). Also directional news-based trades and buying dips on majors

About Lighter

This vault is running on Lighter:

Native perpetual trading pools on Lighter DEX (ZK-rollup).

View all Lighter vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#801#835#80#32#20#21
Ranking on Lighter#12#12#11#4#3#3
Ranking on Lighter#12#12#11#4#3#3
CAGR (net)0.0%0.0%14.2%65.2%148.3%148.3%
CAGR (gross)0.0%0.0%14.2%65.2%148.3%148.3%
Returns (net)0.0%0.0%3.3%28.1%90.1%90.1%
Returns (gross)0.0%0.0%3.3%28.1%90.1%90.1%
Sharpe ratio7.222.991.171.781.451.45
Max drawdown0.0%-0.0%-3.2%-3.2%-24.6%-24.6%
Volatility0.0%0.0%11.9%30.5%86.2%86.2%
TVL low$412.55K$412.37K$402.14K$326.55K$0.00$0.00
TVL high$412.60K$412.99K$431.18K$531.56K$531.56K$531.56K
Share price start (USDC)0.001883630.001883630.001823090.001470770.0009908340.000990834
Share price end (USDC)0.001883630.001883630.001883630.001883630.001883630.00188363
Period data availability8 days31 days91 days181 days259 days259 days
Period start2026-06-162026-05-242026-03-252025-12-252025-10-082025-10-08
Period end2026-06-232026-06-232026-06-232026-06-232026-06-232026-06-23
BB

CORE3 risk rating

Risk rating by CORE3 for Lighter. The rating applies to all vaults on this protocol. View full rating on the CORE3 website.

Probability of Loss 37.09
ConfidenceModerate
CORE3 rank #180
Data coverage73.3%
CategoryDecentralized Exchange
Market cap$375.0M

Risk score by category

Sub-scores run 0–100 — lower is better.

  • Security 7
  • Financial 40
  • Operational 35
  • Reputational 27
  • Regulatory 55

Technical Details

Vault nameBTC vs ALTS and NEWS/DIPS
Vault addresslighter-pool-281474976656586
Chain Lighter (9998)
Denomination Circle USDC (USDC)
Share tokenBTC vs ALT
ProtocolLighter
HomepageView vault on protocol website
Current TVL412,552.694 USDC
Peak TVL531,564.35 USDC
Last share price0.002 USDC
Last updated
Last updated block0
Data refreshed at
Data starts2025-10-08 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureslighter_native
Flagsperp_dex_trading_vault
Deposit statusOpen
Redemption statusOpen

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