Vaults / agSAVAX
sAVAX × Hyperliquid
sAVAX is deposited as collateral, and looped on Aave against $USDt debt. A short is run on Hyperliquid, to form a basis trade.
AvalanchesAVAXborrow USDtHyperliquid
Updated 4h ago
7-day APR
+3.74%
est.
30-day APR
+5.33%
est.
24h APR
+8.06%
est.
TVL
$0.00
0 sAVAX
LTV
0.0%
target 16.4%
Share price
1.0
sAVAX per share
01
Performance
1.000000 · —
No rate yet: the first day of history is still running
7-day APR
+3.74%
est.
30-day APR
+5.33%
est.
24h APR
+8.06%
est.
02
Book
Book Live: 4h ago
Collateral
sAVAX supplied
0
Value
$0.00
sAVAX price
$11.4116
Supply yield
4.87%
configured estimate
Debt
USDt borrowed
0
Value
$0.00
USDt price
$0.9987
Borrow rate
4.83%
Loan to value
no position yetthe vault borrows once deposits arrive
Target 16.4%Cap 24.4%Unwind 31.4%Panic 52.3%Liquidation 55.0%
Hedge
Hyperliquid
Short on Hyperliquid
0 sAVAX
$0.00
Long
0 sAVAX
$0.00
Funding now
-0.24%
shorts receive when positive
Margin
$0.00
Equity
$0.00
Read
ok
Venue feed
venue read ok
Total short
0 sAVAX
$0.00
Total long
0 sAVAX
Aggregate funding
7.93%
In transit
$0.00
Bridges in flight
0 · $0.00
Venue equity
$0.00
Delta
Resting delta
0.5
Measured delta
0
from the planner's last tick
Net asset value
Share price
1.0
sAVAX per share, on-chain
Price age
5h
Total supply
0
agSAVAX shares
Assets under management
0 sAVAX
$0.00 at the tick's price
03
Research model
Model Updated: 4h ago
Aave USDt · Hyperliquid via USDC
+4.78%
Net APR at Delta 0.5 and 30.0% LTV
sAVAX yield
+5.31%
debt
-1.68%
AVAX funding
+2.20%
costs
-1.06%
Bridge: Hyperliquid to Avalanche takes 21 min.
AVAX's worst day fell 23.4%, so the target LTV at LT 0.55 is 42.0%, the same number the vault's bot runs at. Exits sell sAVAX on Avalanche ($0.12M inside 1%); Benqi's unstake takes 15 days.
Borrow Cost
4.96%
Aave, at the kink
Funding
3.50%
Liquidates
-45.5%
price fall from 30.0% LTV
Capacity
$58k
USDC → sAVAX inside 1%
Long / short
1.13× / 0.63×
LLTV
55%
LTV band
30.0% to 52.2%
| leg | where | clears in 1% | per day |
|---|---|---|---|
| USDt → USDC, Avalanche | KyberSwap | $374k | — |
| USDC → sAVAX, Avalanche (loop) | KyberSwap (Pharaoh, Blackhole, Uniswap pools) | $58k | — |
| sAVAX → USDC exit, Avalanche (exit) | KyberSwap | $121k | — |
04
Activity
38 latest · UTC
| time | action | where | amount | status | tx |
|---|---|---|---|---|---|
| Oct 11, 12:58 AM | fulfillRedeemBatch | onchain | confirmed | 0x71ca346f… | |
| Oct 11, 12:58 AM | swap | onchain | 0.030988 USDt to sAVAX | confirmed | 0x209ede82… |
| Oct 11, 12:57 AM | redeemMarket | onchain | 115792089237316195423570985008687907853269984665640564039457.584007 sAVAX | confirmed | 0x83d091ba… |
| Oct 11, 12:56 AM | repayMarket | onchain | 1.661254 USDt | confirmed | 0x4c6eb620… |
| Oct 11, 12:55 AM | swap | onchain | 0.127114 sAVAX to USDt | confirmed | 0xc1a52422… |
| Oct 11, 12:55 AM | redeemMarket | onchain | 2.023238 sAVAX | confirmed | 0xaaf9b4ae… |
| Oct 11, 12:54 AM | repayMarket | onchain | 0.328503 USDt | confirmed | 0x57a88d91… |
| Oct 11, 12:53 AM | swap | onchain | 0.02467 sAVAX to USDt | confirmed | 0x0ca5dc50… |
| Oct 11, 12:53 AM | repayMarket | onchain | 8.069144 USDt | confirmed | 0x94ef7ae5… |
| Oct 11, 12:52 AM | leverageDown | onchain | 11 steps, repayMarket 8.069144 USDt | failed | — |
| Oct 11, 12:51 AM | swap | onchain | 8.063627 USDC to USDt | confirmed | 0x1e4bf834… |
| Oct 11, 12:46 AM | withdrawVenueMargin | hyperliquid | confirmed | — | |
| Oct 11, 12:46 AM | closeHedge | hyperliquid | short 2.02 sAVAX | confirmed | — |
| Oct 11, 12:39 AM | fulfillRedeemBatch | onchain | confirmed | 0x9300e2e5… | |
| Oct 11, 12:38 AM | leverageDown | onchain | 2 steps, repayMarket 5.884282 USDt | confirmed | 0xd737ee83… |
| Oct 11, 12:38 AM | swap | onchain | 5.880259 USDC to USDt | confirmed | 0x3103a9a2… |
| Oct 11, 12:33 AM | withdrawVenueMargin | hyperliquid | confirmed | — | |
| Oct 11, 12:32 AM | closeHedge | hyperliquid | short 1.34 sAVAX | confirmed | — |
| Oct 11, 12:24 AM | openHedge | hyperliquid | short 3.36 sAVAX | confirmed | — |
| Oct 11, 12:23 AM | fundVenueMargin | hyperliquid | 15.771458 USDC | confirmed | 0x769615a9… |
| Oct 11, 12:22 AM | supplyMarket | onchain | 6.734859 sAVAX | confirmed | 0x953bfc21… |
| Oct 10, 06:52 AM | fulfillRedeemBatch | onchain | confirmed | 0x895e21b0… | |
| Oct 10, 06:52 AM | swap | onchain | 0.587043 USDt to sAVAX | confirmed | 0x45114bbd… |
| Oct 10, 06:37 AM | leverageDown | onchain | 2 steps, repayMarket 7.392792 USDt | confirmed | 0x8b5c6c63… |
| Oct 10, 06:37 AM | swap | onchain | 7.97459 USDC to USDt | confirmed | 0x09a82855… |
| Oct 10, 06:33 AM | withdrawVenueMargin | hyperliquid | confirmed | — | |
| Oct 10, 06:32 AM | repayMarket | onchain | 4.016651 USDt | confirmed | 0xac8a7150… |
| Oct 10, 06:31 AM | closeHedge | hyperliquid | short 1.91 sAVAX | confirmed | — |
| Oct 10, 06:04 AM | fulfillRedeemBatch | onchain | confirmed | 0xc17cb128… | |
| Oct 10, 06:03 AM | redeemMarket | onchain | 0.006565 sAVAX | confirmed | 0x40bd4e16… |
| Oct 10, 06:02 AM | leverageDown | onchain | 2 steps, repayMarket 1.694739 USDt | confirmed | 0xe2c95fbe… |
| Oct 10, 06:02 AM | redeemMarket | onchain | 2.559054 sAVAX | confirmed | 0xecb99de0… |
| Oct 10, 06:01 AM | swap | onchain | 5.707636 USDC to USDt | confirmed | 0xf5360203… |
| Oct 10, 05:56 AM | withdrawVenueMargin | hyperliquid | confirmed | — | |
| Oct 10, 05:56 AM | closeHedge | hyperliquid | short 1.26 sAVAX | confirmed | — |
| Oct 10, 05:47 AM | openHedge | hyperliquid | short 3.18 sAVAX | confirmed | — |
| Oct 10, 05:46 AM | fundVenueMargin | hyperliquid | 12.963058 USDC | confirmed | 0x5fb5366c… |
| Oct 10, 05:45 AM | supplyMarket | onchain | 6.54842 sAVAX | confirmed | 0x0f02770e… |
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