Basis vaults

Deposit a stock token. Keep zero delta.

Net APY is shown after the 10% performance fee
Portfolio

Your positions

Activity

Signed intents

Every signature is verified in-browser by recovering the signer
Mechanism

How it works

1

Long leg

Your deposited stock token is supplied to the onchain lending market as collateral. It earns supply yield and backs the hedge.

2

Short leg

A short perp of matching notional is opened against it. The two legs cancel, so net delta targets zero and the stock price stops mattering.

3

Yield

You collect lending supply yield plus perp funding whenever funding pays shorts. Everything is accounted and paid in USDG.

4

Rebalance

A keeper watches delta drift, funding sign and collateral health. Past the band it rebalances, or unwinds the hedge and holds the lending leg only.

5

Withdraw

Redeem your share. The protocol closes the proportional hedge, exits the lending market and returns the stock token plus net yield.

6

Why here

Spot, lending and 24/7 funding for the same US stock are open at the same time on the same chain. No broker can offer that — there is no weekend funding market in TradFi.

Disclosure

Risks, stated plainly

Oracle dependencyEvery delta calculation, liquidation check and rebalance leans on a price feed. The protocol refuses to act on a feed it cannot trust rather than acting on a bad price — deviation bounds and staleness checks are enforced, not advisory.
Funding-rate riskFunding can turn against the short and erode or reverse yield. The defensive path unwinds the hedge and holds the lending leg only. Yield is never fixed or guaranteed.
Perp liquidity and slippageThin perp books mean real unwind cost. The hedged mode needs live depth to size correctly, which is why v1 ships the lending-only leg first.
Instrument riskStock Tokens are tokenized debt securities, not equity. They grant economic exposure — not ownership, voting rights, or dividends. Issuer and jurisdiction risk sit under the whole product.
Sequencer and L2 riskA single centrally-operated sequencer orders transactions. Downtime or reordering affects rebalancing. Inherited from the chain, disclosed rather than hidden.
Smart-contract riskNew contracts carry bug risk. The perp leg does not go live with real value until an audit focused on the oracle and hedge paths is complete.

What Deltazero is not

Not a claim on real shares — economic exposure only. Not a fixed yield — returns float with funding and lending demand. Not a swap venue or a perp venue — it is a vault that uses them.

Token

$ZERO

Governance · Fee revenue share

Utility

GovernanceVault listings, hedge params, fee schedule
Performance fee10% of generated yield
Fee split50% stakers · 50% insurance fund
Payout assetUSDG

Status

Token contractNot deployed
Vault contractsNot deployed
AuditNot started
This buildSignature layer — live
Deposits here produce a real, cryptographically verifiable signed intent. They do not move funds, because no vault contract is deployed yet. Nothing on this page claims otherwise.
Deltazero · $ZERO · Concept build, not financial advice Signature layer live · Settlement pending contract deployment