Semi-neutral strategies combine partial exposure to bitcoin, futures hedging, and systematic grid trading to cushion declines while capturing market swings. They generally perform best in sideways markets but may underperform bitcoin during strong bull markets and do not protect against prolonged downturns. Developed by Neutralis, the Equilux strategy pairs bitcoin with the USDC stablecoin on Hyperliquid, using partial hedging, moderate borrowing, and non-custodial execution. Neutralis targets approximately 17% annual returns, with a historical maximum drawdown of 11%, about 65% lower volatility, and roughly 80% reductions in major declines, without guaranteeing future performance. The strategy charges 20% of profits above the account’s previous high-water mark, with no subscription or fund lock-up.
Source: Read the original article
