Mechanism
Overnight structures stablecoin strategies around funding and basis conditions under predefined risk controls.
Acerite
Protocol Brief
Arbitrum•Fallback demo data•Last updated Apr 4, 12:33 AM
Back to engine mapOvernight
Rule-based delta-neutral execution captures structural spread, not directional price moves.
This page is designed for quick scanning: what the protocol does, when it works, what breaks it, and which risks deserve attention.
Indicative APY
7.8%
Indicative only. Useful for framing, not prediction.
TVL
$32.0M
Size helps show where capital is currently concentrated.
Symbol
USD+
The token or pool label surfaced by the data source.
Data Status
Fallback
Fallback keeps the demo usable if the upstream API pauses.
Plain-English Summary
Rule-based delta-neutral execution captures structural spread, not directional price moves.
When It Works
Stable, predictable funding regimes.
What Breaks It
Regime flips where assumptions behind the strategy stop holding.
Failure Modes
Regime shift
The current market mood or behavior.
Funding flip
The rate traders pay or receive to stay positioned.
Composability risk
A condition that can make the protocol behave worse or fail.
Structure
Primary engine: Strategy
Hybrid engines: Funding
Arbitrum native: No
Source Notes
Metrics are surfaced from DefiLlama where available and wrapped in the protocol framing defined in Acerite. The point is to understand behavior, not to rank products.