USDC.e-WETH Vault

Camelot Delta Neutral Vault

This vault provides a consistent yield through Camelot's ETH-USDC.e v3 AMM pool, utilizing a delta-neutral strategy within a narrow price range to minimize losses stemming from market volatility.

wallet balance

Total Deposits

Max capacity

0.00

Overview

Deposited USDC.e is utilized within the Delta Neutral Vault for Camelot, serving as liquidity for the ETH-USDC.e v3 AMM pool. The vault's operation enhances capital efficiency for liquidity providers, achieved through statistical modeling that maintains an optimal price range and a delta-neutral strategy to offset losses due to price fluctuations.

Features

DELTA HEDGE

Providing liquidity on a DEX without hedging is a bullish bet that exposes liquidity providers to losses when the price of the provided asset goes down. However, with our hedge control strategy, we analyze the market trend based on a 3-day moving average and adjust our hedge position accordingly.

WITHOUT HEDGE

VULNERABLE ON DOWNWARD PRICE MOVEMENT

WITH HEDGE

MITIGATE LOSSES CAUSED BY PRICE MOVEMENT

SMART LIQUIDITY

Smart Liquidity determines the price range for providing liquidity on behalf of liquidity providers. In order to take advantage of the capital efficiency offered by Uni v3, the vault aggressively sets the price range using a delta hedging strategy that mitigates the impact of price volatility.

WHEN VOLATILITY IS LOW

KEEP LIQUIDITY CONCENTRATED AND EARN FEES

WHEN VOLATILITY IS HIGH

WIDEN LIQUIDITY POSITION BUT STILL EARN FEES WITH A HIGH TIER

AUTO REBALANCING

When the asset price goes out of settings, the deployed liquidity no longer earns trading fees from the Uni v3 pool. In such a case, the vault rebalances to set new ranges and start earning again.

RANGE ADJUSTMENT

REBALANCE RANGE SETTINGS WHEN PRICE MOVES BEYOND A THRESHOLD

WEEKLY PARAMETER UPDATES

UPDATE SETTINGS WEEKLY BASED ON MARKET CONDITIONS

Performance

APR

0.000%

Recent Performance

How it works

Deposit

Deposit USDC.e into the Orange ETH-USDC.e vault.
A part of the deposit will be supplied to a lending protocol to make a short position for ETH.
A liquidity pair is created and deployed to an ETH-USDC.e pool on Uniswap V3.
Your funds could appreciate over time as the Orange ETH-USDC.e accrue fees.

Withdraw

You can withdraw all or part of your funds. You can initiate a withdrawal anytime.

Risks

Financial Risks

Orange takes a short position with a lending protocol by paying interest.
Impermanent loss(IL) and Loss vs Rebalance(LVR) are the major risks when providing a concentrated liquidity position to Uniswap V3.
Orange could experience a loss if IL, LVR, or interest for the hedge is higher than the earned fees.
The Hedge control strategy might not always capture the right market trend if there is a sudden change in the market trend and thus might result in the position’s IL.

Smart Contract Risks

Orange takes security seriously. Our smart contracts have been audited by WatchPug. However, smart contracts still have risks, and we encourage users to only deposit funds you can afford to lose.
Orange ETH-USDC.e interacts with multiple protocols and is exposed to other smart contracts' security standards.