Vaults

ETH Yield Vault

Options Market MakingIncomeEthereumEthereum
Pips APY

Strategy

ETH Yield Vault is an ETH-denominated options-selling strategy designed to generate yield in ETH from options premium, Uniswap fees and lending income while preserving ETH exposure. The vault sells high-implied-volatility options on Panoptic, delta-hedges dynamically to stay close to 100% ETH, and lends idle ETH to Panoptic traders. Returns are strongest while ETH trades in a range; sharp gaps that outrun the hedge are the primary risk. The vault also receives protocol fee rebates. Every position, hedge and transaction is executed on-chain and visible below.

Curator

APY
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Fee APY (30D)
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Before impermanent loss and hedging costs
TVL
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Performance fee
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No management fee
Capacity
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Performance

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No share price history available

7D APY

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30D APY

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Since Inception

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30D return

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Inception date

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TVL

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How it works

Overlay · Sells ETH options

1

Deposit WETH

Your WETH is pooled with other depositors and posted as collateral.

2

Sell ETH options

The vault sells at-the-money ETH straddles on Panoptic and collects streamia and Uniswap fees while they stay open.

3

Hedge

When net delta drifts past 1–2% of the portfolio, the vault buys or shorts ETH so it stays close to 100% ETH.

Short Straddle

Auto-loop demo
PricePnLΔ = 0.00Δ(hedge) = 0.00
Start: delta-neutral around strike.

Base · Lends ETH

1

Lend idle ETH

ETH not needed as option collateral is lent to Panoptic traders.

2

Earn lending fees

Borrowers pay fees that accrue to the vault.

Streamia

Accrued streamia + Settled streamia over time, in each token

Fee revenue before impermanent loss and hedging costs. The vault's realized return is the headline APY.

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7D Fee APY (annualized)

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30D Fee APY (annualized)

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Since Inception Fee APY (annualized)

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Composition

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No allocation data available.

Transaction history

DateActionAmountUserTx Hash
No history available.
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Roles & vault info

Roles

Owner
Not assigned
Manager
Not assigned
Accountant
Not assigned
Fee Wallet
Not assigned
Manager Allowed Actions
View

Vault Info

Underlying Asset
Not assigned
Performance Fee
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Version
v0.2.0
Created
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