Overview

dHEDGE is a decentralized non-custodial tokenized vault protocol built on Ethereum L2’s including Optimism and Base. It has amassed a total TVL of about $100M across networks, and has been live since 2020. The protocol facilitates non-custodial management of assets between individuals seeking to allocate funds and vault managers with an onchain track record of performance. These vault managers have special privileges including trading assets on depositors behalf, using whitelisted protocols, collecting management fees, and making updates to the tradable assets of vaults. In addition, users can utilize automatic yield and leveraged vaults. Through these vaults, structured products can be created using automation, such as mStable and Toros Finance. Some of the successful products include: derivative, yield, and index vaults. 653 vaults are deployed across Optimism and Base by the dHEDGE factory contracts.