DLTX documentation

How DLTX holds, moves and returns your money, for users and partners.

DLTX runs delta-neutral carry strategies. A strategy holds two positions that cancel each other's exposure to the price of an asset: a long on a lending market and a short on a perpetual-futures exchange. The price can move either way; what the strategy earns is the carry between the two (funding paid to the short, plus lending yield, minus borrowing costs). DLTX sizes, opens, watches and rebalances the position for you.

These pages explain where your money sits while that happens, who can move it, and how you get it back. For the reasoning behind the design (the carry model, sizing, measurement, the failure modes), read the whitepaper.

What is live and what is not

Every page says which of what it describes runs today. The labels are the whitepaper's: Live runs today; Next · not live is the next stage, built or being built, not running.

The idea in one paragraph

You own the contracts that hold your money. DLTX operates them with keys the contracts limit: a DLTX key can trade, borrow, repay and move money between your own contracts, but money leaves your contracts only to your withdrawal address, and you can stop DLTX and leave without its help. The accurate name for this is non-custodial, operated by DLTX: you still depend on DLTX to run the position well, and on the protocols it uses (Aave, Hyperliquid, Circle's bridge, the Uniswap pool) to work as specified.

Where to go next

If you want to knowRead
Who can move your money, and what limits DLTXHow your money is held
How money gets in and out of your accountDeposit and withdraw
How to close a strategy and get paid, with or without DLTXExit
What it costs, and how it can lose moneyFees and risks
Which contracts to check on a block explorerContract addresses
Why it is designed this wayThe whitepaper

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