Market MakingBTCETHUSDT
Since 14 Feb 2024·Min ticket $100·Perf fee 0%
Protocol vault. Provides market-making and liquidation liquidity for Orbit; depositors share profits pro rata. No leader profit share.
- Philosophy
- The house book should be boring.
- Process
- Continuous quoting, 1.5% inventory cap, daily public attestation.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Cash-likeUSDCUSDT
Since 4 Apr 2024·Min ticket $100·Perf fee 0%
Short-duration tokenized T-bills and deposit-like instruments. NAV noise is small, not zero.
- Philosophy
- The sleeve exists so other sleeves can take risk.
- Process
- Daily NAV, T+1 redeem after lockup, no leverage.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Funding / BasisBTC
Since 9 Aug 2024·Min ticket $500·Perf fee 10%
Cash-and-carry when annualized basis clears 8%. Inventory is hedged; residual is funding.
- Philosophy
- Do not express a BTC view. Express a spread view.
- Process
- Enter when basis rich, exit when it compresses under 4% or before large unlocks.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Funding / BasisETHSOL
Since 18 Jan 2025·Min ticket $500·Perf fee 12%
Staked spot versus hedged perp. Yield is the residual after hedge cost — it can be negative.
- Philosophy
- Carry is a spread, not an APR banner.
- Process
- Re-hedge hourly. Pause around network upgrades. Max 1.2x notional.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
TrendQQQSPY
Since 2 Nov 2024·Min ticket $1,000·Perf fee 10%
Time-series trend on US index ETFs. Dual moving-average with a volatility budget. Flat in chop.
- Philosophy
- Index beta is a privilege, not a default.
- Process
- Weekly signal, daily execution. 10% vol target. 8% trailing stop on the sleeve.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Market MakingBTCETHSOL
Since 20 Jun 2024·Min ticket $2,000·Perf fee 15%
Two-sided quotes on majors. Residual delta hedged hourly. Capacity is hard-capped.
- Philosophy
- Spread is the product. Direction is a bug.
- Process
- Inventory bands, kill-switch on connectivity, no weekend event warehouse.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Quant Multi-factorHSIEWY700.HK
Since 11 Oct 2024·Min ticket $1,500·Perf fee 12%
Value, residual momentum and low-vol with an 8% vol target. Weekly rebalance.
- Philosophy
- Factors decay; budgets do not.
- Process
- Rebalance Mondays 02:00 HKT. Hard 10% name cap.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
TrendNVDAQQQ
Since 12 Mar 2025·Min ticket $1,000·Perf fee 10%
Rules-based long sleeve in US mega-cap semiconductors. Exposure scales down when 20-day realized vol exceeds 42%. No short book. Not a return promise.
- Philosophy
- Own quality growth only when the tape confirms; otherwise hold cash-like inside the sleeve.
- Process
- Daily vol target 12%. Entry on 55-day high. Exit on 20-day low or sleeve stop −12%.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
RWA / TokenizedTBILLUSDC
Since 15 Sept 2024·Min ticket $5,000·Perf fee 0%
On-chain representation of short US duration. Operational and smart-contract risk remain.
- Philosophy
- Duration is the view. Chain is the rail.
- Process
- Weekly attestations, no leverage, redeem window Fridays.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
TrendHSI0700.HK3690.HK
Since 1 Feb 2025·Min ticket $2,000·Perf fee 10%
Hong Kong listed overlay with a conservative risk grade. Can stay flat for weeks.
- Philosophy
- HK beta is seasonal. Do not force it.
- Process
- Monthly regime filter, weekly execution, 7% sleeve stop.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Delta NeutralUSDTUSDCBTC
Since 10 Feb 2025·Min ticket $2,000·Perf fee 10%
Lends stablecoins against hedged BTC inventory and collects the basis. Low volatility, real counterparty risk.
- Philosophy
- Yield without direction is still yield with counterparties.
- Process
- Fully hedged inventory, venue exposure capped at 25% each, daily mark and attestation.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Quant Multi-factorBTCSPYHSIXAU
Since 1 Jul 2026·Min ticket $5,000·Perf fee 12%
Draft sleeve combining listed and digital risk-on/off. Not live.
- Philosophy
- One regime flag, four sleeves.
- Process
- In research. Signals paper-traded.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Quant Multi-factorNVDAAAPLMSFTAMZN
Since 14 Apr 2025·Min ticket $1,000·Perf fee 12%
Cross-sectional momentum on US mega-caps after stripping market and sector beta. Long the residual winners, flat otherwise.
- Philosophy
- Momentum survives when it is not just beta in disguise.
- Process
- Monthly ranking, weekly rebalance, 12-month lookback skipping the last month. 10% vol target.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
RWA / TokenizedXAUPAXG
Since 27 Jan 2025·Min ticket $1,000·Perf fee 0%
Allocated gold held through a tokenized wrapper with monthly vault attestations. Beta to gold, plus wrapper risk.
- Philosophy
- Gold is a rate view; the token is only the rail.
- Process
- Fully allocated, no leverage, redemption window weekly, attestation monthly.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
TrendBTC
Since 1 Dec 2024·Min ticket $250·Perf fee 20%
Donchian breakout, ATR trail, flat in low ADX. Independent desk with a Blue V.
- Philosophy
- Trend following is a tax on impatience.
- Process
- Daily bar. 20/55 channel. Position size = 1% equity / ATR.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Quant Multi-factorEWJ7203.T8306.T
Since 3 Mar 2025·Min ticket $1,500·Perf fee 10%
Value and quality on TOPIX large caps with a currency hedge. Slow, boring, and meant to be.
- Philosophy
- Japanese value pays the patient, not the clever.
- Process
- Quarterly rebalance, 40-name book, 6% vol target, JPY hedged to USD.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Quant Multi-factorAAPLMSFT
Since 28 Apr 2025·Min ticket $2,000·Perf fee 10%
Systematic call overwriting on two mega-caps. Gives up the top of a rally in exchange for monthly premium.
- Philosophy
- Income is a choice about which returns to sell.
- Process
- Monthly 30-delta calls, rolled at 21 DTE, never overwrite through earnings.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
TrendSOL
Since 3 May 2025·Min ticket $200·Perf fee 20%
Aggressive cross-sectional momentum versus BTC. High drawdown by design.
- Philosophy
- Pay for convexity. Do not average losers.
- Process
- 4h signals, 2 ATR stop, no add-on.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Delta NeutralBTCETH
Since 19 May 2025·Min ticket $5,000·Perf fee 15%
Sells short-dated BTC and ETH volatility, delta-hedged. Earns the variance premium; loses in a gap.
- Philosophy
- Implied usually beats realised. Usually is the whole risk.
- Process
- Weekly strangles, hourly delta hedge, hard stop at 2x premium, no positions through scheduled events.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Trend0700.HK9988.HK3690.HK
Since 20 Aug 2025·Min ticket $1,000·Perf fee 12%
Trend sleeve on Hong Kong-listed platform names. Expect long flat stretches; the sleeve only pays in a regime.
- Philosophy
- Hong Kong tech trends late and hard. Wait for it.
- Process
- Weekly breakout signal, 3-name equal weight, 9% sleeve stop, flat below the 40-week average.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Quant Multi-factorXAUGLD
Since 19 Jul 2024·Min ticket $2,000·Perf fee 10%
Paused while real-rate regime is re-estimated. Draft signals remain visible.
- Philosophy
- Gold is a rate view wearing a metal costume.
- Process
- Monthly. Currently paused.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Funding / BasisETH
Since 22 Apr 2025·Min ticket $500·Perf fee 15%
Currently a losing book after a squeeze. Published anyway — Orbit does not hide negative sleeves.
- Philosophy
- Basis trades fail when positioning is one-sided. Size is the risk.
- Process
- Short perp / long spot above 12% annualized basis. Failed to cut crowding in July.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Funding / BasisBTCETHSOL
Since 8 Jun 2025·Min ticket $300·Perf fee 12%
Studio book. Flatten into FOMC. Capacity-aware.
- Philosophy
- Carry dies in meetings.
- Process
- Enter on stable positive funding 48h. Exit 12h before scheduled events.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
TrendETH
Since 7 Jul 2025·Min ticket $250·Perf fee 20%
The BTC rules applied to ETH. Higher volatility, deeper drawdowns, same published stops.
- Philosophy
- Same rules, second market. Do not improvise.
- Process
- Daily bar, 20/55 Donchian, ATR trail, flat when ADX < 18.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
TrendSOLAVAXLINK
Since 15 Sept 2025·Min ticket $200·Perf fee 22%
Three-name momentum basket rotated weekly. The most volatile sleeve on Orbit, and priced like it.
- Philosophy
- Breadth is the only free lunch in alt momentum.
- Process
- Weekly cross-sectional ranking vs BTC, equal weight, 2.5 ATR stop per name.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Delta NeutralBTCETH
Since 12 Jan 2026·Min ticket $300·Perf fee 12%
Long spot, short perp, collect funding. Flat whenever funding turns negative for 24 hours.
- Philosophy
- Carry is a queue, not a conviction.
- Process
- Hourly funding check, 1.0x notional cap, exit 12h before scheduled macro events.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.