Market-neutral USDC strategy combining Extended exposure with a hedged BTC basis position.

Share token price

Transaction status

Deposits Private — Shift deposit requests require executor approval; no public deposit manager is implemented
Redemptions Shift withdrawals require executor batch resolution and a timelock; no public redemption manager is implemented

Other metrics

3M Sharpe
0.0
3M volatility
0.0%
Age
0.008 years
Maximum drawdown
---
Protocol Technical Risk
Lockup period
7d
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 0.0% 0.0% --- --- 0.0%
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 vault

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.

View all Shift vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
ErrorPeriod too short, days=3, years=0.0082, to calculate metricsPeriod too short, days=3, years=0.0082, to calculate metricsPeriod too short, days=3, years=0.0082, to calculate metricsPeriod too short, days=3, years=0.0082, to calculate metricsPeriod too short, days=3, years=0.0082, to calculate metricsPeriod too short, days=3, years=0.0082, to calculate metrics
Ranking overall------------------
Ranking on Base------------------
Ranking on Shift------------------
CAGR (net)------------------
CAGR (gross)------------------
Returns (net)------------------
Returns (gross)------------------
Sharpe ratio------------------
Max drawdown------------------
Volatility------------------
TVL low------------------
TVL high------------------
Share price start (USDC)------------------
Share price end (USDC)------------------
Period data availability0 days0 days0 days0 days0 days0 days
Period start2026-08-042026-08-042026-08-042026-08-042026-08-042026-08-04
Period end2026-08-072026-08-072026-08-072026-08-072026-08-072026-08-07

Technical Details

Vault nameShift Extended Basis USD
Vault address0x4ce3ec1b7b4ffb33a0b70c64a0560a3f341aa2e1
Chain Base (8453)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenextUSD
ProtocolShift
HomepageView vault on protocol website
Current TVL260,826.304 USDC
Peak TVL261,404.67 USDC
Last share price1.03 USDC
Last updated
Last updated block49,635,807
Data refreshed at
Data starts2026-08-04 00:00:00 UTC
Fee modeInternalised minting
Fees internalisedYes
Featuresshift_like
Flagstokenised_fund
Whitelist statusWhitelisted
Whitelist notesShift can enable a contract-level investor allow-list; individual membership is not publicly readable.
Deposit statusShift deposit requests require executor approval; no public deposit manager is implemented
Redemption statusShift withdrawals require executor batch resolution and a timelock; no public redemption manager is implemented

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