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Episode 2 / Small Fund, Big Gains: How We Grew 525% in a Single Week

31 August 2023 | Weekly updates | 26 seen

​As of August 31, 2023, the Terramatris Crypto Fund's value surged to $33.66, an increase of $28.28 from the previous week, marking a remarkable 525.65% growth. This substantial percentage increase is primarily due to the fund's modest starting value of just over $5 in the prior week, illustrating how smaller portfolios can experience significant percentage swings with relatively minor absolute changes.​

During this period, the broader cryptocurrency market experienced notable movements:​

Several key events influenced the crypto market during this week:

Episode 1 / Our First Profitable Trade – $5.38 from Ethereum Credit Spreads

24 August 2023 | Weekly updates | 28 seen

On August 24, 2023, just two days after launching our fund from scratch, we earned our very first profit — a modest yet meaningful $5.38 from selling credit spreads on Ethereum.

While the amount might seem small to outsiders, for us it represents something far greater: validation. It confirms that the engine works, that the strategy can generate income, and that even from day one, we're on the path toward a scalable, rules-based options strategy.

We sold a credit spread on Ethereum, expecting price stability within a specific range. The trade expired worthless for the buyer, allowing us to pocket the premium. The $5.38 in net profit reflects precise risk management with defined outcomes.

We started with a vision: to build a crypto-native fund that blends traditional…