It is our pleasure to report the results of our DeFi Green Legend Fund as of Sep 30 2022
Financial Highlights (Unaudited):
AUM as of 30 Sep 2022 stayed the same as the prior quarter at $2.5M.
The return on Stablecoin (USDT/USDC/DAI) was 3.09% in Q3 2022 and the total cumulative return amounted to 81.18% since inception at 12 Feb 2021.
The return on Ethereum was 3.09% in Q3 2022 and the total cumulative return amounted to 64.01% since inception at 12 Feb 2021.
Q3 2022 was significantly calmer than the previous quarter with the market largely in a consolidation mode. The total crypto market cap reached a yearly low of 875B on July 19th 2022.
Finexify managed to gain a stable return for Q3 2022 against a very unstable investment climate caused by the continued geopolitical tensions and the negative economic outlook.
*Reported returns are cumulative and do not take into consideration any performance fees.
Strategic Highlights:
The Fund's delta-neutral investment strategy to provide liquidity only in stablecoins which was adopted at the end of the prior quarter has proven successful.
ETH had a net +26% positive return for Q2 2022 as a result of the successful merge.
The Defi sector grew 31.3% QoQ to 24.5B of funds locked across different protocols.
Finexify's priority remains to preserve and protect customer funds.
Going Forward:
Finexify's market-neutral investment strategy will continue going forward to Q4 2022 and beyond. The Fund's performance is projected to remain in very low correlation to the underlying asset prices.
We have achieved a 19-month track record and our investment strategy was put to test in the worst market conditions to date due to the intensity of the market sell of and the number of negative factors influencing it at the same time.
The fund is looking to sustain a long-term profitability at a range of 10-15% APY going forward.
If you are interested in joining our fund, do not hesitate to contact us at investment@finexify.com or via our contact form. Deposits in Ethereum and Stablecoins (USDT, USDC, and DAI) are accepted. If you do not currently own cryptocurrencies, we can guide you through the process of obtaining them.
Disclaimer:
Decentralized Finance is an emerging space with multiple risks. Do your own due diligence. Before investing, read the "Risk Disclosure".
About Finexify
Finexify is a boutique investment firm that provides one of a kind opportunity to get into and profit from the Decentralized Finance (DeFi) space – the most promising and complicated space of the blockchain industry
The limited access to DeFi means extraordinary alpha with limited exposure to the cryptocurrency market volatility. Reserved only for the most crypto- and tech-savvy, the team of experts is more than prepared to exploit this profit opportunity for its investors.