A simple example of delta-neutral alpha on hyperliquid: $XMR We track the spread between spot and perp prices. When it diverges meaningfully, we open a delta-neutral position : long spot, short perp and hold until the basis converges. As simple as that :) Backtested over a few months: +20% net PnL after fees. the real challenge isn't finding the edge, it's the execution : limiting slippage in these low-liquidity markets. Worth flagging the risk: the spot leg uses XMR1, a wrapped XMR token. since Monero is a privacy coin, there's no way to verify the wrapped supply is fully backed. If you're comfortable with that, the opportunity is real. This is exactly the kind of strategy I want to democratize with @alphashellio

📊 Week 1 live with @alphashellio delta-neutral algo Still delivering ~7.5% yield in a very safe, high-liquidity setup with almost zero slippage. We’re deliberately staying conservative: chasing significantly higher yields usually means accepting more liquidation risk or big slippage in less liquid markets. The position also lets us keep earning our @extendedapp points without directional exposure. Here’s the equity curve after one week:👇

We're launching a reference wallet. A public wallet running the @alphashellio delta-neutral strategy live. Every position and funding payment is on-chain and verifiable. No backtests, no cherry-picking. The goal: a long-term, public record of what the strategy actually returns.

Just built Backtest on @alphashellio 👀 You can now : - Pick any delta-neutral pair - Set your entry price + leverage - Simulate the potential returns while farming on perp DEXes Super handy to test strategies on real data before actually deploying capital. What do you think? Any feedback? #DeFi #PerpDEX #buildinpublic #FundingRate

Now @alphashellio calculates a Sharpe-like score that highlights opportunities with consistent historical yields and low drawdowns, not just the loudest funding rates. Here’s the current view, sorted by 30d annualized score: Dashboard public soon

📊 A new view in @alphashellio : Funding Spread History LTC example → long hyena/LTC vs short hl/LTC We now calculate the Sharpe ratio to automatically detect the most interesting pairs : the ones where the spread stays consistent over time with the best risk-adjusted profile. The annualized spread shows it clearly: the most interesting opportunities appear when the spread stays consistent over time. Current: 28.58% Mean: 56.10% Max: 165.51% Perfect for spotting real basis trade setups. #FundingRates #BasisTrade #PerpDEX #LTC #deltaneutral

Variational is one of the strongest airdrop plays in DeFi right now - 50% of supply allocated to community - $200B+ cumulative volume and ~$1B OI (#4 perp DEX globally) - Active weekly points program until Q3 2026 - $50M Series A led by Dragonfly Capital (Coinbase Ventures, Bain Capital Crypto, Sequoia participating) This is exactly why we're integrating it into @alphashellio right now : to farm points while earning yield with delta-neutral positions. #Airdrop #DeFi

I'm a founder building in public on a DeFi project : @alphashellio. I’m all about full transparency : sharing progress, struggles, decisions, and metrics in real time. Looking to connect with: - Other founders who build in public and support each other, - DeFi power users who love testing new projects, giving raw feedback, and following the journey If you’re building in public or my project resonates with you, let’s connect! 🔥 RTs appreciated to grow the circle. #DeFi #BuildInPublic #Web3

Why I’m building @alphashellio. This project didn’t come from a random idea. It came from real pain I experienced as a DeFi user and a painful lesson from the market.

🚀 127.75% APR delta-neutral on XMR Long flx:XMR @ $391.91 Short XMR perp @ $391.16 Same size 0.63 → Delta drift 0.00% Privacy coins are one of the last structurally under-arbed markets. Most market makers still avoid XMR after delistings → funding stays wide for weeks. The catch: funding can flip negative in minutes. Liquidation buffer on the long leg collapses without warning. 127% APR can turn into -40% in a single cycle if you don’t manage it manually. Who else is farming funding on privacy coins? Drop your best setups below 👇 #Hyperliquid #XMR #PerpTrading #FundingArb

Standardizing perp DEX APIs is one of the hardest parts of building @alphashellio. I dealt with the same class of problem at Ledger, integrating onramp, swap and staking providers, each with their own quirks. For critical systems testability isn't optional. You need to validate as many cases as possible, fast. That starts with cleanly separated services you can exercise in isolation. Here's the internal tool I use for manual execution testing, quick iteration on a new integration before any automated coverage gets written.

One of the non-trivial parts of funding yield automation is route detection. Opening a single delta-neutral position can take 18 steps across multiple perp dexes close positions, transfers, spot legs, perp legs, isolated margin sizing... Shipped the target router this week for @alphashellio : - enumerates every viable route to a given position - sizes each leg to your capital - prices the full execution cost - picks the most profitable path Example for BABA below : 18 steps, $0.67 total cost.