As of September 14, 2023, the Terramatris fund value reached $40.37.
This represented a weekly increase of $4.48, or approximately 12.48%.
The strong weekly growth continued the fund’s early development following its launch in August 2023. At this stage, most of the portfolio’s growth came from options premium generated through our Ethereum trading strategy.
Although the fund remained very small in absolute terms, the weekly result demonstrated how consistently reinvested options income could gradually increase the portfolio value.
Weekly Fund Performance
- Fund value: $40.37
- Weekly growth: $4.48
- Weekly return: 12.48%
- TerraM token price: $0.86
The TerraM token price remained unchanged at $0.86.
At the time, TerraM liquidity was extremely limited, meaning the quoted token price did not necessarily reflect a price at which a significant number of tokens could have been bought or sold.
For that reason, the underlying fund value remained a more useful indicator of the strategy’s progress than the token’s nominal market price.
Building the Fund Through Options Premium
The early Terramatris strategy focused heavily on generating recurring income from Ethereum options.
Rather than relying entirely on the price appreciation of ETH, the objective was to collect option premium and reinvest the proceeds into the portfolio.
A gain of $4.48 may appear insignificant, but relative to the previous fund value, it represented substantial weekly growth.
These early results helped establish the basic principle behind Terramatris: begin with a small amount of capital, generate income through disciplined options trading, and gradually compound the portfolio over time.
Early Progress, but Limited Conclusions
A weekly return of 12.48% is strong, but it should not be treated as a sustainable long-term expectation.
Percentage returns can appear unusually large when a portfolio is still very small. As the fund grows, generating the same percentage return becomes increasingly difficult and requires substantially more premium income.
The September 14 result was therefore an encouraging early milestone rather than evidence that similar weekly returns could continue indefinitely.
Bottom Line
On September 14, 2023, the Terramatris fund reached $40.37, increasing by $4.48, or 12.48%, during the week.
Meanwhile, the TerraM token remained flat at $0.86.
The result marked another positive week during the fund’s first month and demonstrated the early potential of using Ethereum options premium to build the portfolio gradually.
This article documents historical fund performance and is provided for informational purposes only. It should not be considered investment advice or a recommendation to buy or sell cryptocurrencies, tokens, options, or any other financial instrument.