ETH / SOL Yield Optimizer
Staked spot versus hedged perp. Yield is the residual after hedge cost — it can be negative.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Runs Harbor Key's basis and funding books. Previously rates vol at a HK broker-dealer.
6P
Carry is a spread, not an APR banner.
Re-hedge hourly. Pause around network upgrades. Max 1.2x notional.
Harbor Key Digital
ETH · SOL
Hong Kong
YTD 14.60% · MDD -5.40%
Equity path
Monthly returns
Fees
- Subscription
- 0%
- Redemption
- 0.2%
- Management
- 1%
- Performance
- 12%
- Copy fee
- 12%
Suitable: Medium-horizon ETH/SOL holders who accept lockup.
Not suitable: Anyone treating this as cash.
Linked vault
ETH / SOL Yield Optimizer
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Community & manager updates
The manager's market reads, rebalance records and monthly letters, alongside depositors' discussion. All simulated.
Discussion
8 posts · 6 replies · 7 participants · Last activity 7 Sept 2026
- 3 Sept 2026via Web
Hedge cost check: staking yield 3.4% on ETH and 6.9% on SOL; perp funding cost this week 1.8% annualised. Net residual about 6%. The 14-day lockup is doing its job: we did not have to unwind into the August basis compression.
- 6 Sept 2026via Web
Tilted two points from ETH to SOL on the staking-yield gap. Hedges rolled with it.
Market Side Fill Weight ETH long 3,420.00 52.0%→50.0% SOL long 148.00 40.0%→42.0% USDC cash 1.000 8.0%→8.0% Rebalanced 6 Sept 2026 - 31 Aug 2026via Web
August letter: +2.4% for the month. Staking 1.1%, funding paid −0.3%, basis 1.6%. Two upgrade pauses of 48 hours each. No unwinds during the basis compression, thanks to the lockup.
The line-item split is what makes this readable. Most 'yield' products give you one number and a shrug.
- Willow AMDepositor · 2026-0428 Aug 2026via Web
Redeemed 4.5k for a house deposit and kept the rest. Redemption queued and paid T+1 after the lockup, as the factsheet says. Small things matter.
The T+1 actually being T+1 is why I moved my ETH here from a CEX earn product.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Runs Harbor Key's basis and funding books. Previously rates vol at a HK broker-dealer.
- Official posts
- 4
- Replies
- 3
- Last post
- 3 Sept 2026
Hedge cost check: staking yield 3.4% on ETH and 6.9% on SOL; perp funding cost this week 1.8% annualised. Net residual about 6%. The 14-day lockup is doing its job: we did not have to unwind into the August basis compression.All vaults by this manager
Latest rebalances
Fills and weight changes the manager published
| Market | Side | Fill | Weight |
|---|---|---|---|
| ETH | long | 3,420.00 | 52.0%→50.0% |
| SOL | long | 148.00 | 40.0%→42.0% |
| USDC | cash | 1.000 | 8.0%→8.0% |