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
3M ann. net returns
▲ 16.4%
Total value locked
$1.7M
peak $5.9M
3M Sharpe
0.7
3M volatility
34.7%
Other metrics
3M Sharpe
0.7
3M volatility
34.7%
Age*
1.1 years
-26.3%
CORE3 risk
Lockup period
5m
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -17.2% | 20.9% | 35.1% | 29.2% | 35.8% | |
| 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 | -17.2% | 16.4% | 27.7% | 23.3% | 28.7% |
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 | #26 | #1062 | #215 | #92 | #23 | #94 |
| Ranking on Lighter | #2 | #8 | #8 | #4 | #4 | #10 |
| Ranking on Lighter | #2 | #8 | #8 | #4 | #4 | #10 |
| CAGR (net) | 196.5% | -17.2% | 16.4% | 27.7% | 23.3% | 28.7% |
| CAGR (gross) | 287.7% | -17.2% | 20.9% | 35.1% | 29.2% | 35.8% |
| Returns (net) | 2.1% | -1.5% | 3.8% | 12.8% | 23.3% | 32.0% |
| Returns (gross) | 2.6% | -1.5% | 4.8% | 16.0% | 29.2% | 40.0% |
| Sharpe ratio | --- | -0.41 | 0.72 | 1.00 | 0.84 | 0.98 |
| Max drawdown | -1.5% | -8.6% | -10.0% | -26.3% | -26.3% | -26.3% |
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 | 1,738,017.663 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 | Externalised |
| Fees internalised | No |
| Features | lighter_native |
| Strategy tags | algorithmic_trading, delta_neutral, perpetual_futures |
| Flags | perp_dex_trading_vault |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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