Incubator / cbBTC Conservative (fork)
INCUBATINGcbBTC/USDCPriime Pools

cbBTC Conservative (fork)

by tess.ethforked from cbBTC Neutral Core · 2.00% royaltyGraduates in 6 days
Open in builder
Verdict · Modeled, not realized.
Looks profitable
Conservative case clears 27.8%; good case reaches 47.8%. Drag is dominated by lvr (rebalancing drag).
Net APY band
28% → 48%
Delta-neutral · Modeled, not realized.
Capacity
$10.53M
$10.53M capacity · 1% full — limited by pool depth.
Fees vs. rebalancing
5.5×
Fees cover rebalancing loss 5.5×
Rebalance cadence
13×/yr
~13×/yr · ~28d in range
Est. max drawdown
5%
Mild — modeled worst-case dip.
Funding income
4.0%
Carry the hedge earns on top of fees.
P&L attribution — good case
Gross pool fees
+$56,067
LVR (rebalancing drag)
-$10,266
Hedge funding
+$3,040
Spread / route cost
-$1,520
Idle yield
+$1,200
Hedge spread
-$494
Gas
-$156
Transition cost
-$33
Signed contribution of each term to modeled net P&L. Modeled, not realized.
Strategy graph
Read-only preview
ModulesEvery module is audited or first-party
FETCH
Liquidity Source
Priime Pools — the concentrated-liquidity base position.
First-party
COMPUTE
Auto Center
Keeps your liquidity centered on price, earning fees in-range.
First-party
COMPUTE
Auto Hedge
Shorts to cancel price exposure — earns fees without betting on direction.
First-party
SETTLE
Auto Compound
Harvests and reinvests fees, batched to keep gas low.
First-party
SETTLE
Endogenous Risk
Watches the strategy's own vitals and corrects before things break.
First-party
SETTLE
Exogenous Risk
Watches oracles, venues and depegs — de-risks when the world breaks.
First-party