Slow and steady
wins the race.
The basis trade has made Wall Street's top hedge funds billions. USDz brings the same strategy on-chain, for anyone with USDC.
—working in the pool right now
Wall Street's best trade.
Now in your wallet.
The basis trade is how hedge funds like Millennium, Citadel and Capula make billions, year after year. It runs on huge balance sheets lent by the world's biggest banks, so it has always been reserved for institutions and the very wealthy.
Until now
- Only for institutions and the very wealthy
- Large minimums to get in
- Positions kept secret
- Money locked up for 6 months or more
With USDz
- Anyone with USDC
- Start with 10 USDC
- Every position public on Hyperliquid
- Withdraw whenever you like
USDz is run by a portfolio manager who sat at the center of the bond basis trade on Wall Street. The same trade, the same discipline, now open to everyone.
Be the tortoise.
In Aesop's fable the hare is faster, and the tortoise still wins. Most of crypto is a race of hares. USDz is the tortoise.
The hare
Bets on which way prices will go. Fast when it's right. Painful when it's wrong. Most of the time, it's guessing.
The tortoise
Doesn't guess. Earns a small amount every hour, whichever way the market moves, and keeps going.
Up or down,
it doesn't matter.
Futures usually trade a little around the coin itself. We trade the price gap between futures and coins, so whether the market rises or falls hardly matters. That gap, collected every hour, is what you earn.
Two years. Three races.
Bitcoin and Ether soared, then crashed. The basis trade just kept walking.
| Annual return | Worst drop from a high | Losing months | |
|---|---|---|---|
| USDz strategy | +10.1% | −0.1% | 1 of 24 |
| Ether | −4.4% | −67.6% | 14 of 24 |
| Bitcoin | +7.7% | −53.0% | 12 of 24 |
Data from Oct 28, 2024 to Oct 28, 2026, daily. Bitcoin and Ether: daily closing prices on Hyperliquid. USDz strategy: an estimate, not the pool's own history; Bitcoin's hourly funding rate on Hyperliquid over the same period, added up without compounding, before costs. Annual return = the total change over the period divided by its length in years (no compounding). Past results do not promise future results.
No more 2-and-20.
Keep what you earn.
Hedge funds usually charge "2 and 20": 2% of your money every year, plus 20% of your profits. USDz charges neither.
A small slice of each hour's result goes into the members' reserve, which belongs to the members.
Nothing hidden.
Every position sits in public accounts on Hyperliquid. Your balance is brought up to date every hour. Check any of it yourself, any time.
Simple to start.
Simple to leave.
Your wallet is your account, no paperwork. Deposit USDC with MetaMask, or straight from the Binance app. Withdraw whenever you like.
With MetaMask
The MetaMask app on your phone, or MetaMask in your computer's browser.
- Have USDC in your wallet on Arbitrum or HyperEVM.
- Open this page in MetaMask's browser then tap Connect wallet below.
- Under Deposit, choose Arbitrum or HyperEVM, type the amount and tap Deposit.
- Confirm in MetaMask.
- Your deposit shows up in a few minutes and starts earning after 1 day.
To take money out, use Withdraw below. It arrives in your wallet 1 day after you ask.
With Binance app
No other wallet needed. Binance Wallet is built into the Binance app.
- In the Binance app, switch to Wallet at the top of the home screen. Create your wallet if it's your first time.
- Move USDC from your Binance account into Binance Wallet. When asked for the network, pick Arbitrum One.
- In Binance Wallet, tap Discover and type usdz.site into the search bar.
- Tap Connect wallet, choose Arbitrum, type the amount and tap Deposit.
- Confirm the signature. Your deposit shows up in a few minutes and starts earning after 1 day.
To take money out, use Withdraw on the same page. It arrives back in your Binance Wallet on Arbitrum 1 day later.
Built to be dull.
Exciting is for hares. Here is what keeps the tortoise walking.
What protects you
- No bet on direction.Price moves in the futures and spot markets offset each other.
- A reserve for rainy days.A small part of every hour's result goes into a reserve that pays members' principal losses first.
- Fully systematic.Trading and sharing out the results every hour run on their own.
- Fully transparent.Every trade and transfer is on Hyperliquid for anyone to check.
- Your money, your timing.Withdraw whenever you like, to your own wallet only.
Good to know
- Sudden price gaps.On rare days prices move very fast, and adjusting the positions costs a little more than usual.
- Built on Hyperliquid.All trading happens on Hyperliquid, one of the largest on-chain exchanges, so the pool relies on it running smoothly.
- Your money is not guaranteed.Past results do not promise future results.