What we run
Scrub runs two products on perpetual futures venues. The delta-neutral vault takes USDC on Arbitrum or USDt on Kava; the AI Trading farm vaults take USDC.
The delta-neutral vault
The vault pays a 15% APR, credited on-chain every day.
Underneath the rate it runs a market-neutral trade: a long on one venue and an offsetting short on another, so a move in the asset price is close to a wash. What the trade earns and the rate you are credited are separate numbers.
| Return source | A 15% APR we set and credit daily; the trade underneath earns funding |
| What that means for you | You need no view on where the market is going |
| Documented in | The vault |
| A bad month | Funding turns negative and the credit still goes out, so the vault loses money |
The trading bots
We built our own AI model that acts on its own signals and trades. Nothing is hedged, so a bad stretch is a loss rather than a small steady payment. A separate bot runs no AI model: it trades to earn exchange points for the farm vaults.
| Return source | The bot's trading decisions |
| What that means for you | A return that is not a rate we set |
| Documented in | The bots |
| A bad month | Drawdown |
They are separate products with separate styles, even though they share venues, custody and the app.
Venues
The vault runs on two at once, one for each side of the trade.
Venues we can trade on: Hyperliquid, Lighter, RISEx, Arcus, dYdX. More can be added, and the list will change. Which of them is live at any moment is not published. Venues explains how that works.