Delta-neutral carryBuilt for serious yield operators

Build stable yields with automated hedging.

Discover delta-neutral strategies that combine DeFi yields with Hyperliquid funding rates. Keep full custody while earning stable returns with automated hedging.

Launch AppExplore product
TVL
$0M
Avg Net APY
0%
Positions
0
ETHSETH

ETH / SETH

lp
79.30%Net APY
Long Yield
147.64%
Funding
+10.95%
TVL: $1.69M
EETH

PT-eETH

pendle
14.70%Net APY
Long Yield
18.45%
Funding
+10.95%
TVL: $156M
CBETHETH

cbETH / ETH

leveraged
11.72%Net APY
Long Yield
12.48%
Funding
+10.95%
TVL: $286M

Trusted Partners

Integrated across the DeFi ecosystem

Connect to leading protocols and chains—discover yields, hedge on Hyperliquid, and maintain full transparency across every position.

HHyperliquid
Uniswap
Aave
Pendle
Curve
Morpho
Compound
Lido
Convex
SNSwell
Frax
Aerodrome
Velodrome
HHyperliquid
Uniswap
Aave
Pendle
Curve
Morpho
Compound
Lido
Convex
SNSwell
Frax
Aerodrome
Velodrome
Ethereum
Base
Arbitrum
Optimism
Ethereum
Base
Arbitrum
Optimism
Ethereum
Base
Arbitrum
Optimism

Product

Built like a trading system—packaged like an app

Hedgeway gives you a clean interface for hedged carry: clearer positions, tighter controls, and better visibility into net yield.

Delta-neutral by design

Pair a yield leg with a hedge leg to isolate carry and reduce directional exposure.

Self-custody first

You control the wallet. Hedgeway coordinates execution while you keep custody.

Funding-aware hedging

Hedges aren’t static. Adjust for funding, borrow rates, and venue conditions.

Yield routing

Route to leading yield venues and adapt as rates and liquidity evolve.

Transparent accounting

See legs, fees, and net yield clearly—no black boxes, no hidden risk.

Composable strategies

Mix venues, hedges, and constraints to fit your risk budget and goals.

How it works

Three steps to a hedged carry position

The system combines on-chain yield with a hedge leg so your net exposure stays closer to neutral while carry accrues.

Step 1
Deposit
Connect your wallet and choose a strategy configuration.
Step 2
Route & hedge
Collateral is split into a yield leg and a hedge leg.
Step 3
Earn net yield
Carry accrues from yield sources plus/minus hedging costs.
Net yield = yield sources − hedging costs
Returns depend on venues, funding, liquidity, and execution. Hedgeway is built to make these components visible.

Safety

Control, transparency, and operational safeguards

Delta-neutral doesn’t mean risk-free. Hedgeway is built to make position structure explicit and risk easier to reason about.

Self-custody
Your wallet stays in control.
Positions are created with explicit legs and clear permissions—so you can understand what’s deployed and why.
Risk controls
Parameters, caps, and guardrails.
Configure slippage limits, rebalance logic, and exposure constraints to match your risk budget.
Visibility
Clear leg-by-leg accounting.
Track where yield comes from, how hedging costs evolve, and what your net return really is.
Non-custodialLeg-level transparencyFunding-aware hedging
Configure a strategy

Protocol stats

Live protocol metrics

TVL, net APY, active positions, and distributed yield—built to reflect what matters in a delta-neutral system.

TVL
$0M
Total value routed through Hedgeway
Avg net APY
0%
After fees, across active strategies
Active positions
0
Open delta-neutral positions
Yield distributed
$0M
All-time yield paid to users

FAQ

Questions, answered

Clear expectations and crisp explanations—so you can evaluate the strategy mechanics.

What does “delta-neutral” mean here?
It means the strategy is built to reduce directional exposure by pairing a long yield leg with a hedge leg. You still take protocol, execution, and funding risks.
Do I keep custody of my funds?
The goal is self-custody: you interact with the protocol using your wallet, with explicit position legs and permissions.
Where does yield come from?
Net yield typically comes from on-chain yield sources (lending, LP, structured yield) plus/minus hedging costs like funding and fees.
How is hedging managed?
Hedges are adjusted based on strategy configuration and market conditions (e.g. funding). The system is designed to make this behavior visible and measurable.
Is this risk-free?
No. Smart contract, oracle, liquidity, liquidation, and venue risks can still exist. The product focuses on clarity and controls—not eliminating risk.

Ready to Earn Stable Yields?

Join hundreds of yield farmers earning consistent returns without market exposure. Start building your hedge strategy today.