SLVCE Core, the market-neutral liquidity strategy of the SLVCE fund
Core is a strategy of Glide Investment Limited (BVI), a private fund managed by ZGB Labs Ltd. under the SLVCE brand. It is a market-making book that provides two-sided liquidity on Solana, earns fees and spread from trade flow rather than from a view on price, and carries a standing hedge that caps the tail. NAV is marked daily in USD, every red day is counted, and each daily mark is committed to a hash chain you can check.
On this page
- Mechanism: price bins, the active range, trade flow, inventory, the hedge, accounting
- Record: days marked in USD, red days, capital versus strategy earned
- Where the return comes from: fee capture, market-making, hourly carry, rebalancer
- Where the loss is: market, execution, protocol, counterparty, liquidity
- Terms and lifecycle: from $100,000, notice, valuation day, settlement, fees
The fund and the ecosystem