Edge & Hedge (L/S Factors)
View on LighterRunning quantitative delta neutral long, short strategy with a leverage of around 3x.
Share token price
1M return (ann)
▲ 3,029.4%
Total value locked
$2.6M
peak $5.9M
3M Sharpe
2.9
3M volatility
38.5%
Utilisation
Other metrics
3M Sharpe
2.9
3M volatility
38.5%
Age*
0.7 years
-21.9%
Protocol Technical Risk
Lockup period
5m
Denomination
Returns
| 1 month | 3 month | Lifetime | |
|---|---|---|---|
| Gross | 3,029.4% ann 32.7% abs | 178.3% ann 28.7% abs | 103.1% ann 62.1% abs |
| Net | 3,029.4% ann 32.7% abs | 178.3% ann 28.7% abs | 103.1% ann 62.1% abs |
Fees
| Management | Performance | Deposit | Withdraw | |
|---|---|---|---|---|
| Gross | 0.0% | 20.0% | 0.0% | 0.0% |
| Net | 0.0% | 0.0% | 0.0% | 0.0% |
About the vault
Running quantitative delta neutral long, short strategy with a leverage of around 3x. Backtest Results (Oct 2022 - Now): CAGR ~ 110% | Sharpe ~ 2 | Max Drawdown ~ 25%. Follow on Twitter for regular updates - https://x.com/blothecap
About Lighter
This vault is running on Lighter:
Native perpetual trading pools on Lighter DEX (ZK-rollup).
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #1 | #12 | #26 | #27 | #33 | #34 |
| Ranking on Lighter | #1 | #3 | #4 | #4 | #5 | #6 |
| Ranking on Lighter | #1 | #3 | #4 | #4 | #5 | #6 |
| CAGR (net) | >9,999% | 3,029.4% | 178.3% | 109.7% | 103.1% | 103.1% |
| CAGR (gross) | >9,999% | 3,029.4% | 178.3% | 109.7% | 103.1% | 103.1% |
| Returns (net) | 22.4% | 32.7% | 28.7% | 44.0% | 62.1% | 62.1% |
| Returns (gross) | 22.4% | 32.7% | 28.7% | 44.0% | 62.1% | 62.1% |
| Sharpe ratio | 30.88 | 9.66 | 2.85 | 1.27 | 1.30 | 1.30 |
| Max drawdown | 0.0% | -7.5% | -12.4% | -21.9% | -21.9% | -21.9% |
| Volatility | 34.8% | 36.4% | 38.5% | 88.4% | 77.8% | 77.8% |
| TVL low | $2.15M | $2.00M | $2.00M | $2.00M | $0.00 | $0.00 |
| TVL high | $2.56M | $2.56M | $2.73M | $5.28M | $5.93M | $5.93M |
| Share price start (USDC) | 0.00134334 | 0.00123911 | 0.00127765 | 0.00114155 | 0.00101443 | 0.00101443 |
| Share price end (USDC) | 0.00164414 | 0.00164414 | 0.00164414 | 0.00164414 | 0.00164414 | 0.00164414 |
| Period data availability | 8 days | 31 days | 91 days | 181 days | 250 days | 250 days |
| Period start | 2026-05-18 | 2026-04-25 | 2026-02-24 | 2025-11-26 | 2025-09-18 | 2025-09-18 |
| Period end | 2026-05-25 | 2026-05-25 | 2026-05-25 | 2026-05-25 | 2026-05-25 | 2026-05-25 |
Technical Details
| Vault name | Edge & Hedge (L/S Factors) |
| Vault address | lighter-pool-281474976688087 |
| Chain | |
| Denomination | |
| Share token | Edge & Hed |
| Protocol | Lighter |
| Homepage | View vault on protocol website |
| Current TVL | 2,556,402.353 USDC |
| Peak TVL | 5,931,433.762 USDC |
| Last share price | 0.002 USDC |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2025-09-18 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | lighter_native |
| Flags | perp_dex_trading_vault |
| Deposit status | Open |
| Redemption status | Open |
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