VAULTS

VAULTS

VAULTS

VAULTS

Alpha Made Accessible to All. Automate Arbitrage Profits.

Alpha Made Accessible to All. Automate Arbitrage Profits.

Alpha Made Accessible to All. Automate Arbitrage Profits.

Alpha Made Accessible to All. Automate Arbitrage Profits.

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Launch Hot Tub

PERPETUAL PROTOCOL ✦ PERPETUAL PROTOCOL ✦

Earn Yield with the Hot Tub Vaults

Earn Yield with the Hot Tub Vaults

Hot Tub automates arbitrage profits to make alpha accessible to all! By turning a sophisticated arbitrage strategy into simplified vaults, anyone can enjoy a steady return without requiring any coding or trading knowledge!

You don’t need to be a gigabrain to seek out and earn yield in crypto. Hot Tub vaults do all of the hard work for you, while there’s also absolutely no reliance on a custodian or third party.

The Hot Tub automates arbitrage profits to make alpha accessible to all! By turning a sophisticated arbitrage strategy into simplified vaults, anyone can enjoy a steady return without requiring any coding or trading knowledge!

You don’t need to be a gigabrain to seek out and earn yield in crypto. Hot Tub vaults do all of the hard work for you, while there’s also absolutely no reliance on a custodian or third party.

Market Neutral

The exposure to ETH is always hedged and the portfolio is rebalanced automatically to maintain delta neutrality. 

Market Neutral

The exposure to the underlying assets is always hedged and the portfolio is rebalanced automatically to maintain delta neutrality. 

Market Neutral

The exposure to ETH is always hedged and the portfolio is rebalanced automatically to maintain delta neutrality. 

Favorable Risk-Reward Profile

Grow your capital with a low-risk yield, generated from the vault’s execution of profitable arbitrage opportunities.

Favorable Risk-Reward Profile

Grow your capital with a low-risk yield, generated from the vault’s execution of profitable arbitrage opportunities.

On-chain Settlement

Experience the convenience and efficiency of automated smart contracts. All arbitrage trades are executed in a secure manner on the blockchain, providing full transparency.

On-chain Settlement

Experience the convenience and efficiency of automated smart contracts. All arbitrage trades are executed in a secure manner on the blockchain, providing full transparency.

Accumulate ETH or USDC

Unwind in Hot Tub vaults where you have the flexibility to start stacking gwei or accumulating more stables. You decide whether your return is denominated in ETH or in USDC.

Support Multiple Assets

Have the flexibility to start stacking wETH, OP, wBTC or accumulating more USDC. You decide whether your return is denominated in volatile assets or in stables.

Accumulate ETH or USDC

Unwind in Hot Tub vaults where you have the flexibility to start stacking gwei or accumulating more stables. You decide whether your return is denominated in ETH or in USDC.

No Fees (Limited Time)

For a limited time only, there will be no fees for withdrawals. After the no-fee period, there’ll be a 2% fee based on the assets under management and a 20% performance fee.

No Fees (Limited Time)

For a limited time only, there will be no fees for withdrawals. After the no-fee period, there’ll be a 2% fee based on the assets under management and a 20% performance fee.

Non-custodial

Earn yield without third-party risk. Retain complete control over your assets while benefiting from our easy-to-use and non-custodial vault.

Non-custodial

Earn yield without third-party risk. Retain complete control over your assets while benefiting from our easy-to-use and non-custodial vault.

How to Access the Hot Tub

Accessing Hot Tub is very simple. Just visit the app here and select the desired asset of the vault. Make sure you have completed all of the tasks below before making a deposit:

  • Download a wallet. We recommend using MetaMask. Hot Tub also supports Coinbase wallet and WalletConnect supported wallets.

  • Save the vault page into your bookmarks. Make sure you always interact with the right website at vaults.perp.com.

  • Bridge assets to Optimism. Aside from your desired amount of WETH, OP, WBTC or USDC for depositing into the vault, make sure you also have some ETH for gas to cover the transaction fees.

  • Join our Discord to get support in case of any questions.

Accessing Hot Tub is very simple. Just visit the app here and select the desired vault.

Make sure you have completed all of the tasks below before making a deposit:

  • Download a wallet. We recommend using MetaMask. Hot Tub also supports Coinbase wallet and WalletConnect supported wallets.

  • Save the vault page as a bookmark. Make sure you always interact with the right website at vaults.perp.com.

  • Bridge assets to Optimism. Aside from your desired amount of WETH, OP, WBTC or USDC for depositing into the vault, make sure you also have some ETH for gas to cover the transaction fees.

  • Join our Discord to get support in case of any questions.

How Does Hot Tub Work?

How Does Hot Tub Work?

When depositing to the Hot Tub vaults, you'll receive a token that represents your share of the vault's pooled holdings in return for your deposit.

As more arbitrage opportunities are found and more profits are generated, the value of the token (the share price) that you received increases. The share price is equal to the value of the total assets held by the vault divided by the total shares.

On withdrawing funds from the vault, the share tokens you own are burned. For both vaults, any spot holdings and perpetual swap positions are both reduced in proportion to your share of the vault. Finally, you'll receive the initial amount of USDC or WETH you deposited, as well as your share of the profits.

Still have more questions? Learn more about the specifics of Hot Tub here.

Depositors receive a token that represents your share of the vault's pooled holdings.

As more arbitrage opportunities are found, more profits are generated and the value of the vault token (the share price) increases. The share price equals the value of the total assets held by a vault divided by the total shares.

On withdrawing funds from the vault, your share tokens will be burned. Any spot holdings and perpetual positions held by the vault are both reduced in proportion to your share of the total assets. Finally, you'll receive the initial amount of USDC, WETH, WBTC or OP you deposited, as well as your portion of the profits.

Still have more questions? Learn more about the specifics of Hot Tub here.

When depositing to the Hot Tub vaults, you'll receive a token that represents your share of the vault's pooled holdings in return for your deposit.

As more arbitrage opportunities are found and more profits are generated, the value of the token (the share price) that you received increases. The share price is equal to the value of the total assets held by the vault divided by the total shares.

On withdrawing funds from the vault, the share tokens you own are burned. For both vaults, any spot holdings and perpetual swap positions are both reduced in proportion to your share of the vault. Finally, you'll receive the initial amount of WETH, WBTC, OP or USDC you deposited, as well as your share of the profits.

Still have more questions? Learn more about the specifics of Hot Tub here.