Shift Extended Basis USD
View on Shift Update infoMarket-neutral USDC strategy combining Extended exposure with a hedged BTC basis position.
- Shift Extended Basis USD is a tokenised fund. It is smart contract-based, but may not offer all features of vaults. Read more about the differences between vaults and tokenised funds here.
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 5.2% | 5.2% | 5.2% | 5.2% | 5.2% | |
| Performance fee Performance | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Management fee Management | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Deposit fee Deposit | No data | No data | No data | No data | No data | |
| Withdrawal fee Withdrawal | No data | No data | No data | No data | No data | |
| Net Net | --- | --- | --- | --- | --- |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the tokenised fund
extUSD is Shift's Extended Basis USD product. The app describes it as a hybrid strategy using Extended's XVS vault alongside a BTC market-neutral basis trade, with capital deployed across Extended and Coinbase.
Strategy
- Shift describes the intended leverage range as conservative, between 1x and 3x.
- The strategy remains exposed to venue, basis, hedge, funding, execution and oracle risks.
Announcements and liquidity
Shift's official announcement feed has described extUSD as a market-neutral yield strategy with eligibility for Extended-related points. Shift also provides a Pendle community pool for separating principal and yield/points exposure. Neither a displayed APR nor an external points programme is a fixed return. Share valuation depends on the Shift TVL feed, and withdrawals remain subject to the protocol's request, executor and timelock lifecycle described in the Shift FAQ.
Running on Shift protocol
This tokenised fund is running on Shift:
Automated USDC yield vaults using market-neutral perpetual-DEX strategies.
Transaction status
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #276 | #539 | #487 | #478 | #434 | #536 |
| Ranking on Base | #13 | #57 | #56 | #52 | #64 | #71 |
| Ranking on Shift | #2 | #2 | #2 | #2 | #2 | #2 |
| CAGR (net) | --- | --- | --- | --- | --- | --- |
| CAGR (gross) | 11.8% | 5.2% | 5.2% | 5.2% | 5.2% | 5.2% |
| Returns (net) | --- | --- | --- | --- | --- | --- |
| Returns (gross) | 0.2% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% |
| Sharpe ratio | 5.59 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 |
| Max drawdown | -0.1% | -0.2% | -0.2% | -0.2% | -0.2% | -0.2% |
Technical Details
| Tokenised fund name | Shift Extended Basis USD |
| Tokenised fund address | 0x4ce3ec1b7b4ffb33a0b70c64a0560a3f341aa2e1 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | extUSD |
| Protocol | Shift |
| Homepage | View vault on protocol website |
| Current TVL | 185,536.772 USDC |
| Peak TVL | 261,404.67 USDC |
| Last share price | 1.033 USDC |
| Last updated | |
| Last updated block | 50,530,407 |
| Data refreshed at | |
| Data starts | 2026-08-04 00:00:00 UTC |
| Fee mode | Internalised minting |
| Fees internalised | Yes |
| Features | shift_like |
| Flags | tokenised_fund |
| Whitelist status | Whitelisted |
| Whitelist notes | Shift can enable a contract-level investor allow-list; individual membership is not publicly readable. |
| Deposit status | Shift deposit requests require executor approval; no public deposit manager is implemented |
| Redemption status | Shift withdrawals require executor batch resolution and a timelock; no public redemption manager is implemented |
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