Perseus Digital Launches Delta-Neutral Stablecoin Vault with 5-10% APR Target
Perseus Digital, a quantitative trading firm, has introduced a new stablecoin vault focused on delta-neutral arbitrage strategies.
**Key Details:**
- **Target yield**: 5-10% APR base return
- **Supported assets**: USDC, USDT, and MUSD
- **Capacity**: $5M cap per asset ($15M total)
- **Strategy**: Delta-neutral arbitrage to minimize market exposure
The vault joins a growing ecosystem of institutional-grade DeFi products, following the recent launch of Sense Capital's BTC vault (2-5% APR target). Both offerings feature capped capacities and are managed by specialized quantitative firms.
This launch comes as stablecoin yields have rebounded across the market, with some platforms reporting 30-day averages above 21% on Ethereum-based USDT deposits.