Edge & Hedge (L/S Factors)
View on Lighter Update infoRunning quantitative delta neutral long, short strategy with a leverage of around 3x.
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -6.7% | -59.4% | 20.1% | 34.2% | 34.2% | |
| 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 | -6.7% | -59.4% | 20.1% | 34.2% | 34.2% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
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
Curated by Edge & Hedge
This vault is curated by Edge & Hedge.
Edge & Hedge is a Hyperliquid vault running a quantitative delta-neutral long-short strategy.
Running on Lighter protocol
This vault is running on Lighter:
Native perpetual trading pools on Lighter DEX (ZK-rollup).
CORE3 risk rating
C View more View less
Risk rating by CORE3 for Lighter. CORE3's Probability of Loss is a protocol-level risk measure. It does not assess the performance of this individual vault.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #436 | #1109 | #1180 | #178 | #56 | #78 |
| Ranking on Lighter | #14 | #15 | #20 | #11 | #11 | #12 |
| Ranking on Lighter | #14 | #15 | #20 | #11 | #11 | #12 |
| CAGR (net) | 6.0% | -6.7% | -59.4% | 20.1% | 34.2% | 34.2% |
| CAGR (gross) | 6.0% | -6.7% | -59.4% | 20.1% | 34.2% | 34.2% |
| Returns (net) | 0.1% | -0.6% | -19.9% | 9.5% | 31.6% | 31.6% |
| Returns (gross) | 0.1% | -0.6% | -19.9% | 9.5% | 31.6% | 31.6% |
| Sharpe ratio | 0.34 | -0.21 | -2.67 | 0.69 | 0.95 | 0.95 |
| Max drawdown | -2.9% | -4.5% | -25.1% | -25.1% | -25.4% | -25.4% |
Technical Details
| Vault name | Edge & Hedge (L/S Factors) |
| Vault address | lighter-pool-281474976688087 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | Edge & Hed |
| Protocol | Lighter |
| Homepage | View vault on protocol website |
| Current TVL | 2,020,173.761 USDC |
| Peak TVL | 5,931,433.762 USDC |
| Last share price | 0.001 USDC |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2025-09-20 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | lighter_native |
| Flags | perp_dex_trading_vault |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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