Crypto Hedge Fund

Terramatris is a private crypto investment hedge fund started on August 22, 2023, by Reinis Fischer. The fund is privately held and is not publicly registered under any specific jurisdiction. Though, for most of the time operated from Tbilisi, Georgia.  

Accredited crypto investors can SWAP USDC for TerraM tokens on the Raydium Decentralized exchange. 

Not trading advice. Not soliciting for investment. 

Investments in stocks, funds, bonds, or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.

Weekly results

Trading strategy

We trade options with crypto, while reinvesting premiums back into different crypto assets. At the moment we are growing our crypto portfolio by selling put options on Ethereum and Bitcoin.  Once we will have at least 0.1 ETH or 0.01 BTC we will start selling covered calls on these positions to boost the total return. Occasionally we sell covered calls on long ETH futures. 

When placing our options trades we aim for about 1-2% daily in options premium, from the total fund's value

Crypto Research & Analytics

Before placing our options trades we check options Greeks and use technical analysis to get a better overall picture. Some of our observations are published on our blog and on the fund manager's YouTube channel

Most of our trades are shared on this Facebook group: 1 DTE Crypto Options Trades

Risk management

As we grow our portfolio from selling put options, we also hedge the portfolio both with options and futures. In case of a suffering put option, we try to roll it down and forward, preferably for a credit. In rare cases, we might take an assignment and switch to covered call writing using futures with leverage as collateral instead of actual coins.


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Last updated: December 8, 2023

TerraM token

Swap USDC for TerraM on Raydium

You can participate in TerraMatris crypto hedge fund by owning TerraM coin. In total, there are 10,000 TerraM coins minted on the Solana network with a base value of 1 TerraM = 1 USDC. 

Each TerraM token corresponds to a 1/10,000th share in the fund, allowing investors to gain exposure to a diversified range of assets and strategies. This not only spreads risk but also offers a chance to benefit from the fund's performance. 

Currently, there are 140.5 coins (and growing) available for investment on the Raydium network. Learn How To Buy TerraM Token Using USDC coin and Phantom wallet

Get in touch

If you are interested in learning more or participating in the fund directly, not via TerraM token (minimum investment $10,000) - feel free to write me an email to reinis.fischer {at} or connect on LinkedIn

Latest articles

Embedded thumbnail for #16 TerraMatris Crypto Hedge Fund Hits $290.14 All-Time High

#16 TerraMatris Crypto Hedge Fund Hits $290.14 All-Time High

Good morning, TerraMatris community! This is Reinis Fischer, CEO, and founder of TerraMatris Crypto Hedge Fund, bringing you the latest update on our activities in the crypto market. Today is…


Embedded thumbnail for #15 TerraMatris Crypto Hedge Fund Hits $249.75 All-Time High

#15 TerraMatris Crypto Hedge Fund Hits $249.75 All-Time High

 It's Reinis Fischer, CEO, and Founder of TerraMatris crypto hedge fund, bringing you the latest insights into our portfolio and trading strategy. Today marks the 15th week since the inception of…