A systematic strategy that monitors 8+ DeFi protocols, enforces hard risk gates — and shows you everything. Built for family offices allocating to onchain stablecoins.
74% of family offices conduct 2–3 months of due diligence. We built our track record phase to match that timeline — every allocation is logged, every risk gate is public.
Investment Strategies
Three risk profiles. One systematic framework. APY variable and not guaranteed.
Capital-preservation focused yield
Target profile — validation pending. Not paper tracked. Variable APY, not guaranteed.
Tier 1 protocols only. No looping, no leverage. Higher cash buffer. Stricter protocol eligibility. Validation pending — paper tracking has not started yet.
Who it's for
Allocators prioritising capital preservation over yield optimisation.
Yield sources
Systematic yield with verified paper track record
Paper APY verified since June 10, 2026. Variable APY, not guaranteed.
Tier 1 + selected Tier 2 protocols. Deterministic risk-gated rebalancing. Public paper track record since June 10, 2026.
Who it's for
Family offices and individual allocators seeking systematic, transparent DeFi yield.
Yield sources
Advanced mechanics for higher yield tolerance
Target profile — validation pending. Not paper tracked. Variable APY, not guaranteed. Possible loss of capital.
Advanced vault mechanics and optimised lending strategies. No open liquidation risk by default in v1.0. More complex strategies may be added after separate paper validation.
Who it's for
Experienced allocators accepting higher volatility for yield upside.
Yield sources
APY figures are variable and not guaranteed. Past paper performance does not guarantee future results. Possible loss of capital.
Virtual $100,000 USDC portfolio. No live execution. No real capital at risk. All metrics below are simulated.
Core Strategy · Paper Track Record
Every rebalance, every risk gate decision, every equity curve update — logged and accessible. Building the track record before asking for capital.
Strategy Methodology
Fully deterministic. No human discretion in daily execution. No LLM in the risk or execution path. Every decision has a documented rule.
At 08:00 UTC, the cycle runner fetches live APY and TVL data from 8+ whitelisted DeFi protocols via DeFiLlama's yields API. Each protocol adapter is read-only — it observes, never writes.
Every proposed allocation passes through RiskPolicy v1.0 — a hard-coded,
non-overridable gate. If any limit is breached, the rebalance is blocked
and logged to data/risk_policy_blocks.json.
Approved rebalances execute, daily yield accrues to positions, and the equity curve updates — all written atomically to versioned JSON files. Tournament of 10+ strategies selects the best allocation via Sharpe, Calmar, Ulcer, and Rachev metrics.
data/trades.json
The risk, execution, and monitoring components are strictly forbidden from LLM calls.
Prompt injection into capital allocation is a critical attack vector — our architecture
treats it as such. Every rebalance decision traces to a deterministic rule in
spa_core/risk/policy.py.
Why Trust Us
Sophisticated investors verify before they commit. Everything below is checkable, not marketing copy.
Paper trading started June 10, 2026. Day counter, equity curve, and all trades are public. No cherry-picked windows.
RiskPolicy v1.0 is a hard-coded gate with published parameters. Cannot be overridden by any agent, strategy, or human. Kill switch at 5% drawdown.
Strategy logic, risk parameters, adapter registry, and tournament evaluator are all documented. Every change is a git commit.
We only monitor protocols with multiple independent audits. T1 protocols (Aave, Morpho, Compound) have 5+ audits. T2 capped at 50% of portfolio.
The Data IS the Social Proof
Most DeFi yield products ask you to trust them. We're asking you to watch us first. For 30+ days before any real capital, our strategy runs against live market data — every rebalance logged, every risk gate enforced, every underperforming protocol replaced. When we go live, you'll know exactly what you're getting into.
"We built the risk policy so that even when we want to override it — we can't."
Risk Parameters
RiskPolicy v1.0 is deterministic and non-overridable. No human, no AI, no strategy can bypass these limits. Every breach is logged publicly.
The risk engine, execution layer, and monitoring systems contain zero LLM calls. Prompt injection into capital allocation is treated as a critical attack vector. Every parameter above traces to a deterministic rule — not a model output.
Fee Structure
Our fee model is designed so we only win when you win. Early participants in the private phase receive preferential terms.
Annual fee on assets under management. Covers infrastructure, strategy development, monitoring, and investor reporting.
Charged only on net profits above the high-water mark. If the portfolio declines, no performance fee is charged until the previous peak is recovered.
No Withdrawal Fee
Withdraw your capital without penalty.
No Lock-Up
No mandatory lock-up period for your capital.
Fee details are discussed individually during onboarding. Learn more about our fee structure or get in touch.
Due Diligence
The dashboard is public. Every trade, every risk decision, every equity curve update is there. Start your due diligence now — we'll tell you when we're ready for capital.
Talk to us: [email protected]
FAQ
Market Positioning
The market has split between retail auto-compounders (Yearn, Morpho — zero fees, no investor relations) and large institutional curated vaults ($1M+ minimums). Family offices with $25K–$250K DeFi exposure have nowhere to go. That's the gap SPA fills.
| Platform | Focus | Fee Structure | Track Record | Family Office Ready |
|---|---|---|---|---|
| Enzyme Finance enzyme.finance | On-chain fund infrastructure. Manager-run vaults. Institutional shift via Canton Network. | Flexible: up to ~2% mgmt + performance fee + 0.25% protocol MLN burn | Live since 2019. $184M TVL (declining). | ⚠ Partial — requires active fund manager; no investor portal |
| dHEDGE / Chamber chamberfi.com | Community vaults + leveraged token products (Toros). Retail-leaning. | ≤3% mgmt + performance fee (HWM). $2M/yr protocol revenue. | Live. $33–50M TVL (volatile). Rebranding risk. | ✕ No deterministic risk policy; no investor portal |
| Yearn Finance v3 yearn.fi | Auto-compounding yield aggregator. DAO-governed. ERC-4626 standard. | ~2% mgmt + 20% performance. yvUSD vault: 0% (temp). | Live since 2020. $270M TVL. Nov 2025 exploit on legacy pool. | ✕ No KYC, no investor portal, no custom risk policy |
| Morpho / Maple morpho.org · maple.finance | Curated institutional vaults (Morpho) + real loan portfolios (Maple). | Morpho: 0%. Maple: 0.7–0.9% all-in. | Morpho: $5.8B TVL. Maple: $4.6B AUM. | ⚠ Minimum AUM $1M+. Not structured for family office onboarding |
| SPA (target) earn-defi.com | Autonomous algo optimizer for family offices. $25K–$250K tier. No human fund manager. | 1% mgmt (Phase 1) + 15% performance + HWM. 0% during paper period. | 30-day public paper track record First to build this before launch | ✓ Built for it: investor portal, Telegram alerts, KYC onboarding |
SPA is not competing with Morpho or Maple in the large-AUM institutional segment. The target is the underserved middle: crypto-native family offices who want DeFi yield without outsourcing discretion to a human fund manager.
⚠ Risk Warning: Investing in crypto-assets and DeFi protocols involves significant risks, including complete loss of capital. Crypto-assets are highly volatile and unregulated in many jurisdictions. Past performance does not guarantee future results.
Paper Trading Disclosure: This platform is currently in paper trading mode. All performance data reflects simulated trading on a virtual $100,000 USDC portfolio since June 10, 2026. Simulated performance does not account for live slippage, liquidity impact, or smart contract execution risk. Go-live target: ~2026-08-01 pending all 26 GoLiveChecker criteria.
Regulatory Status: SPA is NOT regulated by ESMA, the EBA, or any national competent authority. This does not constitute investment advice, financial advice, or a solicitation to invest in any jurisdiction.
Restricted Jurisdictions: Not available to US Persons (as defined under Regulation S of the US Securities Act of 1933), or residents of Russia, Belarus, Iran, North Korea, Cuba, Syria, or other sanctioned jurisdictions. By accessing this service you confirm you are not a restricted person.
DeFi-specific risks: Smart contract vulnerabilities and exploits · Protocol insolvency · Stablecoin de-pegging · Oracle manipulation · Regulatory actions · Technology failure. Funds in DeFi protocols are not covered by any investor compensation scheme.
Not financial advice: Nothing on this website constitutes financial, investment, legal, or tax advice. Consult qualified professionals before making investment decisions.