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Aerodrome Rangekeeper

Delta-neutral LPLive · modeledWETH/USDC LP · Aerodrome · BaseCurated by Priime

Concentrated WETH/USDC liquidity on Aerodrome, with a perp short canceling the price leg.

Modeled APY5.6%net of venue costs and the 20% compute fee
TVL$0$625K seeded
Share value0.00001.0000 at inception
Depositors28since inception
Capacity$1.4M$863K left
Capacity usedlimited by the modeled pool depth
42%
$625K deposited$1.4M total capacity

Overview

Aerodrome Rangekeeper provides concentrated liquidity on WETH/USDC LP at Aerodrome on Base. A perp hedge cancels the price leg, holding net delta at zero. The range recenters as price walks. Earned yield is swept back into the position on a 24h cadence.

All figures on this page are modeled from the vault's published parameters.

Vault configuration
CuratorPriime
CreatedApr 8, 2026
VenueAerodrome
ChainBase
Strategy classDelta-neutral LP
ModulesLiquidity sourceAuto centerDynamic hedgeAuto-compound
VerificationTrustless Execution Network, every action verified before it settles · modeled

Automations

Aerodrome · Range

Auto center

Recenters the range around spot before the position goes one-sided.

In shadow
−1.17%price against range center · range ±2.5% · in rangemodeled now
Recenter−2.00%
Fees accrue±2.00%
Recenter+2.00%
The range · one action per check
Price inside±2.00%→Hold, fees accrue
Price walks past±2.00% (80% of range)→Recenter around spot
Price outside±2.50%→One-sided until the recenter lands
Range width · ±2.5%Recenter trigger · 80% of rangeLast recenter · 31h ago
Avantis · ETH perp

Dynamic hedge

Keeps net delta at zero and the short funded.

In shadow
−1.26%net delta · target 0 · inside the bandmodeled now
−4.0%0+4.0%
Margin · keeps the short funded
Margin is below13%→Trim short, restore to 28%
Funding negative24 hours→Exit the venue
Cadence · every 5 minHedge leverage · 3.00xMargin reserve · 15%Margin now · 18.9%Last check · 6 min ago
Aerodrome · Compounding

Auto-compound

Sweeps earned yield back into the position once it clears the threshold.

In shadow
Accrued since last compound$0.00
$0$115.91 accrues per 24h check · clears $155.00 in 2 checks
At the 24h check, accrued at least$155.00→Harvest and re-supply
Cadence · 24hLast compound · 25h agoNext check · in 13h

Envelope, bands and thresholds are the vault's published parameters.

Performance

Share value, modeled
1.0310
Deterministic model from inception at the vault's modeled APY. 1.0000 at inception.
Returns
Since inception 191d+3.10%
7d return modeled+0.44%
30d return modeled+0.51%

Parameters

MarketWETH/USDC LP
VenueAerodrome · Base
Range width±2.5%
Hedge venueAvantis · Base
PricingPriced from the product’s own model, not from a scan
Hedge leverage3.00x
Margin reserve15% of short notional
Hedge coinETH perp
Harvest threshold$155
Compound cadence24h
Capacity$1.4M
Capacity bindinglimited by the modeled pool depth
Rangefees accrue inside ±2.5% of spot
Delta band±4.0%
Short liquidationnot measured
RiskPrice leaves the ±2.5% range and the fees stop.
Margin rule13% → 28%
Remaining capacity$863K
Min deposit$50
Compute fee20% of the vault's growth after costs, above its previous high
Management feenone on idle capital
Withdrawalno exit rail on a modeled record
Composed modules
Liquidity sourceHolds the position on the venue and market this vault runs on.
Auto centerRecenters the liquidity range when price walks toward an edge, so fees keep accruing.
Dynamic hedgeRuns a perp short against the position so price moves cancel, and keeps its margin funded.
Auto-compoundSweeps earned yield back into the position once it clears the harvest threshold.

Activity

ActionDetailTime
Compound executedmodeled$210.76 re-supplied1d ago
Range recenteredmodeled±2.5% rebuilt around spot1d ago
Compound executedmodeled$217.00 re-supplied3d ago
Range recenteredmodeled±2.5% rebuilt around spot4d ago
Hedge trimmedmodeledmargin restored to 28%4d ago
Compound executedmodeled$204.30 re-supplied5d ago
Range recenteredmodeled±2.5% rebuilt around spot6d ago
Range recenteredmodeledrange reset to ±2.5% of spot6d ago
Earlier activity truncated