The Terramatris Solana Covered Call Fund (“SolCCG”) is an open-end private investment fund designed to generate consistent income through systematic option premium collection on spot Solana (SOL) holdings. The strategy combines direct ownership of Solana with disciplined covered call writing to produce steady yield while compounding long-term growth in the underlying asset.
Net Asset Value
The Fund was established on September 4, 2025, with an initial Net Asset Value (NAV) of $1.00 per share. NAV is calculated weekly, giving investors transparent insight into performance.
The minimum investment is $5,000, and the Fund charges a management fee of 2% per annum, which is deducted monthly from the Fund’s net asset value (NAV). In addition, there is a performance fee of 20% on profits, calculated quarterly only when the NAV exceeds its previous high-water mark.
Total Units Outstanding
The fund will remain open to new investments until it reaches $100,000 in Assets Under Management.
Total SOL holdings
Fund SOL holdings are increasing through the reinvestment of option premiums converted back into spot Solana (SOL) and through ongoing strategic capital allocations.
A key short-term objective for the fund is to grow our SOL position to 100 tokens.
Weekly Premiums (USDT)
Our objective is to achieve approximately a 1% weekly return on capital, generated from options income.
Investment Strategy
- Growth + Income Overlay: SolCCG targets growth in Solana holdings while enhancing returns through disciplined weekly and monthly covered call and put strategies.
- Leverage for Efficiency: Tactical leverage is employed to enhance capital efficiency and yield potential within strict risk parameters.
- Weekly Expiries: Options are systematically set to expire on Fridays, ensuring consistent premium capture and a predictable income cycle.
Fund Management
- Manager: The Fund is managed by Terramatris LLC, a Wyoming-incorporated investment management company specializing in digital asset and derivatives strategies.
- Custody & Security: Assets are safeguarded with institutional-grade custody solutions, including multi-signature wallets and cold storage.
- Transparency: Weekly NAV updates and monthly performance reporting ensure investors have clear visibility into results.
Risks
Investment in the Fund involves significant risk, including:
- Market Risk: Solana is highly volatile and may experience substantial price declines.
- Leverage Risk: Use of leverage amplifies both gains and losses.
- Options Risk: Covered call strategies cap upside potential in exchange for income.
- Liquidity Risk: Stress in crypto markets can impair execution and redemption.
- Regulatory Risk: Digital assets and derivatives remain subject to evolving and uncertain global regulations.
- The Fund is intended exclusively for sophisticated investors who fully understand these risks.