BTC vs ALTS and NEWS/DIPS

View on Lighter Update info

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

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Share token price

BTC vs ALTS and NEWS/DIPS
BTC
ETH
3M return (ann)
◼︎ 0.0%
Total value locked
$410.5K
peak $531.6K
3M Sharpe
2.2
3M volatility
0.0%

Other metrics

3M Sharpe
2.2
3M volatility
0.0%
Age*
0.8 years
Maximum drawdown
-14.8%
Protocol Technical Risk
Severe
Lockup period
5m
Denomination
USDC

Returns and fees

1M3M6M1YLifetime
Gross Gross 0.0% 0.0% 55.9% 105.5% 105.5%
Performance fee Performance 20.0%20.0%20.0%20.0%20.0%
Management fee Management 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net 0.0% 0.0% 55.9% 105.5% 105.5%

Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

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

Running on Lighter protocol

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#843#889#926#19#12#15
Ranking on Lighter#13#11#13#6#3#4
Ranking on Lighter#13#11#13#6#3#4
CAGR (net)0.0%0.0%0.0%55.9%105.5%105.5%
CAGR (gross)0.0%0.0%0.0%55.9%105.5%105.5%
Returns (net)0.0%0.0%0.0%24.5%81.0%81.0%
Returns (gross)0.0%0.0%0.0%24.5%81.0%81.0%
Sharpe ratio1.884.882.201.601.671.67
Max drawdown-0.0%-0.0%-0.0%-3.2%-14.8%-14.8%
Volatility0.0%0.0%0.0%30.3%49.0%49.0%
TVL low$410.23K$410.23K$410.23K$330.94K$224.17K$224.17K
TVL high$410.48K$412.43K$412.99K$531.56K$531.56K$531.56K
Share price start (USDC)0.001883630.001883630.001883630.001513540.001040440.00104044
Share price end (USDC)0.001883630.001883630.001883630.001883630.001883630.00188363
Period data availability8 days31 days91 days181 days302 days302 days
Period start2026-07-312026-07-082026-05-092026-02-082025-10-102025-10-10
Period end2026-08-072026-08-072026-08-072026-08-072026-08-072026-08-07
C

CORE3 risk rating

Risk rating by CORE3 for Lighter. CORE3 Probability of Loss reflects the robustness of the underlying protocol and does not reflect the financial performance of an individual vault. View full rating on the CORE3 website.

Probability of Loss 57.54
ConfidenceModerate
CORE3 rank #809
Data coverage73.3%
CategoryDecentralized Exchange
Market cap$584.7M

Risk score by category

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

  • Security 24
  • Financial 40
  • Operational 32
  • Reputational 27
  • Regulatory 55

Technical Details

Vault nameBTC vs ALTS and NEWS/DIPS
Vault addresslighter-pool-281474976656586
Chain Lighter (9998)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenBTC vs ALT
ProtocolLighter
HomepageView vault on protocol website
Current TVL410,476.44 USDC
Peak TVL531,564.35 USDC
Last share price0.002 USDC
Last updated
Last updated block0
Data refreshed at
Data starts2025-10-10 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureslighter_native
Flagsperp_dex_trading_vault
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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