texasHedge
View on D2 Finance Update info- Deposits may be disabled for this vault
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 34.6% | 12.6% | 85.2% | --- | 69.8% | |
| 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 | 34.6% | 12.6% | 85.2% | --- | 69.8% |
* Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
Curated by D2 Finance
This vault is curated by D2 Finance.
D2 Finance manages onchain investment vaults specialising in derivatives and hedging strategies.
Running on D2 Finance protocol
This vault is running on D2 Finance:
Tokenised, actively managed derivatives strategies executed on-chain.
Transaction status
Notes
D2 Finance texasHedge (TXHEDGE) is a HyperEVM USDC tactical strategy vault.
Summary: The vault is a high-risk, multi-leg directional strategy around SpaceX pre-IPO exposure and related market flows. It combines a financed SpaceX perpetual position with long S&P downside convexity and long Tesla/Mag-7 upside convexity, funded by selling DRAM upside convexity. D2 describes the strategy in its Texas Hedge Epoch 2 blog post.
The authoritative D2 source for this vault is the D2 strategy page.
This is not a market-neutral yield product; D2 categorises it as a degen/tactical strategy where investors can lose the full vault stake.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | #68 | #247 | #27 | --- | #39 |
| Ranking on Hyperliquid | --- | #3 | #7 | #1 | --- | #2 |
| Ranking on D2 Finance | --- | #1 | #4 | #1 | --- | #2 |
| CAGR (net) | 0.0% | 34.6% | 12.6% | 85.2% | --- | 69.8% |
| CAGR (gross) | 0.0% | 34.6% | 12.6% | 85.2% | --- | 69.8% |
| Returns (net) | 0.0% | 3.0% | 3.0% | 35.6% | 44.2% | 44.2% |
| Returns (gross) | 0.0% | 3.0% | 3.0% | 35.6% | 44.2% | 44.2% |
| Sharpe ratio | --- | 3.18 | 2.00 | 1.55 | 1.52 | 1.52 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Technical Details
| Vault name | texasHedge |
| Vault address | 0x208f63a7f60c319597c05fa5ec67fde41839bad6 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | TXHEDGE |
| Protocol | D2 Finance |
| Homepage | View vault on protocol website |
| Current TVL | 320,579.565 USDC |
| Peak TVL | 320,579.565 USDC |
| Last share price | 1.442 USDC |
| Last updated | |
| Last updated block | 49,623,225 |
| Data refreshed at | |
| Data starts | 2026-02-16 09:15:11 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | d2_like |
| Strategy tags | --- |
| Flags | --- |
| Whitelist status | Permissionless |
| Deposit status | Funding phase closed (opens in 58.3d) |
| Redemption status | Open |
| Deposit/redemption events | 95 |
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