TRANSPARENCY & METRICS

Fund Disclosure

Epoch #2

Historical AER (Annual Equivalent Rate)

Current AER

28.4%

Trailing 30D

+3.1%

30% 20% 10% 0%

15.4%

24.2%

19.8%

25.3%

28.4%

Jan Feb Mar Apr May

Capital Allocation

TVL: $14.25M

Hyperliquid

Delta Neutral Basis

44.2%

$6,298,500

Hyperliquid

Automated Market Making

31.5%

$4,488,750

Aave V3 & Curve

Stablecoin Yield Farming

14.1%

$2,009,250

Settlement

Liquid Reserves / Transit

10.2%

$1,453,500

Live Position Matrix

SYNCED LIVE

Instrument	Strategy	Side	Notional Size	Target Yield / Funding
BTC-PERP Hyperliquid	Delta Neutral Basis	SHORT	$3,150,000	Funding: +24.1% APR
BTC (Spot) Hyperliquid	Delta Neutral Basis	LONG	$3,148,500	Hedged (Collateral)
ETH-PERP Hyperliquid	Delta Neutral Basis	SHORT	$1,850,000	Funding: +31.2% APR
ETH (Spot) Hyperliquid	Delta Neutral Basis	LONG	$1,849,200	Hedged (Collateral)
SOL-PERP Hyperliquid	Market Making	NEUTRAL (Skew: -1.2%)	$4,488,750 Inv. Limit	Maker Rebates + Spread

Deposit Receipt

USDA.s

1 USDA.s = 1 USDC

USDA.s is the non-custodial receipt token representing your USDC deposited into the ASS Hedge Fund. Yield generated across multi-chain deployments is algorithmically distributed directly as additional USDA.s to your wallet via a rebasing mechanism at UTC 00:00 daily.

Peg

1:1 Backed

Yield Settlement

Daily 00:00 UTC*

Min Lockup

7 Days

Withdrawal

Queued**

* Yield Disclaimer: Displayed AER and target APRs reflect historical performance and algorithmic projections. Daily rebasing amounts are dynamically calculated based on actual real-time strategy performance and are not guaranteed to match expected rates.

** Withdrawal Notice: Exits are processed based on the liquidity state of underlying delta-neutral and market-making positions. While standard exits execute instantly post-lockup, periods of high utilization may require entering a withdrawal queue (maximum 30 days) to prevent slippage on position unwinds.