Basis
Crypto Basis
Audited
Vault APY
TVL
About
The vault takes stablecoin deposits and allocates them into institutional crypto basis and cash-and-carry strategies through the Bitwise Crypto Carry Fund, capturing non-directional returns from futur...
Hourly on Weekdays
Security reviews
Fully audited
Yield type
Delta-neutral
No. of holders
11,609
Redemption fees
How the price grows
Yield is automatically reinvested and reflected in growing token price
Who it's designed for
1
Market-neutral yield
Earn non-directional returns from crypto futures basis spreads without taking price risk.
2
Yield diversification
Add an uncorrelated yield source alongside real-world and credit-based strategies.
3
DeFi-native carry
Access institutional cash-and-carry strategies in a composable on-chain format.
The allocation is designed to capture futures basis spreads through institutional cash-and-carry strategies. By focusing on non-directional basis returns, the vault targets yield that is largely independent of crypto market price movements.
Fee structure
Management
0%
Yearly, incl. in APY
Performance
On yield earned, incl. in APY
Redemption
Once, per redemption
Instant
Under 1 min
Standard
Typically 1-4 days
Vault updates
Crypto basis trade yields begin compressing due to crypto market environment changes, resulting in lower APYs.
Oct 11, 2025
Audits & Security
Nest is designed to meet the highest standards of safety, transparency, and compliance
