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Overview

The ETH Alpha Fund is a multichain, ETH-denominated fund designed to generate yield from delta-neutral strategies across the DeFi ecosystem. Drawing on experience managing over $2B in assets for DeFi DAO treasuries, KPK applies a structured investment framework and active management approach to control risk and pursue targeted yield outcomes.

Income Generation

The Fund aims to generate risk-adjusted income through a diversified set of DeFi strategies, and occasionally select private transactions, in accordance with the Fund’s investment framework.

Relative Return

The Fund seeks to deliver returns, net of fees, in excess of 50 basis points over the ETH re-staking yield.

Diversification

The Fund seeks to manage concentration risk by diversifying exposures across multiple strategies, DeFi protocols, and blockchain networks, thereby reducing reliance on any single source of return or risk factor.

Capital Preservation

The Fund prioritises capital preservation through disciplined risk management and allocations to DeFi protocols exhibiting adequate liquidity, solvency characteristics, and operational robustness, with the objective of limiting downside risk across market conditions.

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