Basis
Crypto Basis
Audited
Vault APY
TVL
About
The vault takes stablecoin deposits and allocates them into institutional crypto basis and cash-and-carry strategies through the Bitwise Crypto Carry Fund, capturing non-directional returns from futur...Read more
Hourly on Weekdays
Security reviews
Yield type
No. of holders
11,608
Redemption fees
How the price grows
Yield is automatically reinvested and reflected in growing token price
Who it's designed for
1
Market-neutral yield
Earn non-directional returns from crypto futures basis spreads without taking price risk.
2
Yield diversification
Add an uncorrelated yield source alongside real-world and credit-based strategies.
3
DeFi-native carry
Access institutional cash-and-carry strategies in a composable on-chain format.
The allocation is designed to capture futures basis spreads through institutional cash-and-carry strategies. By focusing on non-directional basis returns, the vault targets yield that is largely independent of crypto market price movements.
Fee structure
Management
Yearly, incl. in APY
Performance
On yield earned, incl. in APY
Redemption
Once, per redemption
Instant
Under 1 min
Standard
Typically 1-4 days
Vault updates
Crypto basis trade yields begin compressing due to crypto market environment changes, resulting in lower APYs.
Oct 11, 2025
Audits & Security
Nest is designed to meet the highest standards of safety, transparency, and compliance
