Topic
Fund & product commentary
Market-neutral yield as a category — where returns come from, who pays them, and how fund structures, lock periods and liquidity terms work.
5 articles, oldest first.
Where Stablecoin Yield Actually Comes From
Stablecoin yield comes from four distinct sources: interest on the reserves backing the stablecoin, lending it to borrow...
Earning Interest on Stablecoins: Who Holds Your Money?
Earning interest on stablecoins means handing them to someone who will deploy them, and the structure you hand them thro...
Management Fee vs Performance Fee: What Reaches the Investor
A management fee is charged as a percentage of assets under management, regardless of performance. A performance fee is...
Crypto Portfolio Allocation: Where a Market-Neutral Strategy Fits
Most crypto portfolios hold one exposure expressed several ways. A single common factor explains the large majority of p...
Yield-Bearing Stablecoins and Tokenized Funds: The Wrapper Is Not the Yield
Products offering dollar-denominated yield on-chain come in four main containers: tokenized money market and treasury fu...