Terramatris is a private crypto investment hedge fund started back in August, 2023. The fund is privately held and is not publicly registered under any specific jurisdiction. Though, its available to participate in the fund via Raydium liquidity pool by swapping USDC against TerraM.
In the end of the July 2024, we managed to grow our fund by decent +19.24%. Also I managed to secure additional investment via our DEFI liquidity pool, selling additional 71 TerraM tokens OTC. From the downsides I should note, one of our private customers decided to leave our fund. We still have 2 private customers, for whom we earned $122.75 (before our cut of 20%)
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 Bitcoin. Also we are selling covered calls on ETH and SOL. Our position size is rather humble, but growing. We hope to start selling covered calls on BTC anytime soon.
Learn more how to invest in TerraMatris crypto hedge fund and grow with us
During the month of July we started our first buyback program, buying back TerraM tokens from the liquidity pool, at the end of the month price per 1 TerraM was 1.54 USDC. Thats Impressive growth of $0.37 or 31.6% gain. Our tokens market cap now stands at around around $15,400. Rest of the growth comes from the options trading, crypto gains, management fees and from funding fees on carry trades.
In July 2024 we were able to grow our crypto hedge fund to $3,505.03. The total fund's growth during the month was $565.57, which is about $18.24 daily.
Month over month we recorded 19.24% growth, and thats awesome. We would love to see at least 10% monthly gains every month, but we also understand that it is not very sustainable in the long term.
YTD our fund is up 792% which is just mind blowing.
TerraM token
In total there are 374 TerraM tokens available for Swapping against USDC.
You can participate in TerraMatris crypto hedge fund by owning TerraM coin.
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.
Goals for August 2024
For the month of August 2024, I would be delighted to see funds value grow to at least $4,000.
Learn more how to invest in TerraMatris crypto hedge fund and grow with us