On-chain yield that doesn't bet on the market.

Castor runs delta-neutral strategies that earn from funding rates and spreads, not from price going up or down. Non-custodial and audited, with withdrawals anytime.

15.2%

Flagship net APR · live

$327K

Total value locked

≈0Δ

Net market exposure

How it works

Deposit, stay neutral, withdraw.

Three steps, no speculation. Your return comes from market structure, not market direction.

01

Deposit

Connect your wallet and deposit. Funds stay non-custodial in audited smart contracts, and you keep your keys at all times.

02

Stay market-neutral

Castor holds matched long and short positions. Returns come from funding rates and spreads, not from the price going up or down.

03

Withdraw anytime

Track performance live on-chain. No lock-ups. Withdraw your capital whenever you want.

Long spot+1.00 Δ

Hold the underlying asset.

Short perp−1.00 Δ

Hedge with perpetuals.

Net exposure≈ 0 Δ

Direction cancels out.

Strategies

One platform, several vaults.

Castor's vaults range from market-neutral carry, where yield comes from funding and spreads, to advanced directional strategies. Each vault has its own risk profile and target.

Basis Trading HIP-3
live

The strategy capitalizes on disparities in price and funding rates between HIP-3 and Hyperliquid perpetual markets.

Min $501.45% mgmt17% perfRedemption 1h-5dNo lock-upUSDT0
RiskMedium
15.2%
Directional Volatility
soon

Systematic long/short

Min $501.45% mgmt17% perfRedemption 1h-5dNo lock-upUSDT0
RiskHigh
~97.3%
backtested
Funding Spread
soon

Pure carry, market-neutral

Min $501.45% mgmt17% perfRedemption 1h-5dNo lock-upUSDT0
RiskLow
~11%
backtested
Launch app

Live figures come from the protocol. Backtested figures are from the strategy's track record and may differ once live. Nothing here is a guarantee.

Security

Built to be trusted.

Castor is designed so you never have to take our word for it. TVL, NAV and positions are verifiable on-chain at any time.

Non-custodial

Your keys, your coins. Funds move only through audited smart contracts, never into someone else's hands.

Live on-chain NAV

TVL, APR, NAV and positions are verifiable on-chain in real time. No black box, no hidden fees.

Audited contracts

Smart contracts are independently audited, and strategies run on institutional-grade execution.

Per-vault risk controls

Each vault enforces its own risk parameters at the contract level, so risk stays contained per strategy.

Monitored 24/7

Positions are monitored and re-hedged around the clock to keep the strategy market-neutral.

Withdraw anytime

No lock-ups. Your liquidity is always yours; redeem whenever you want.

Roadmap

One platform, every major venue.

Castor starts on Hyperliquid, where the deepest on-chain funding and basis markets exist today. The same strategies then extend to the other major perp venues.

Now
Hyperliquid

1 vault live, 2 in development

Live
Q3 2026
Aevo

Options and perps integration

Building
Q4 2026
dYdX v4

Pair-isolated funding spreads

Planned
Q4 2026
Lyra

Volatility harvesting via options

Planned
Q1 2027
GMX

Liquidity-side strategies

Planned

Venues and timing may evolve with the underlying platform.

FAQ

Questions, answered.

Put idle capital to work without watching the market.

Deposit, earn delta-neutral yield, withdraw anytime.