Pre-IPO FestHedged. One click.
Three baskets on Anthropic, OpenAI and Oura, hedged against the Nasdaq‑100. One click opens every leg. Hold 48 hours.
Four steps.
48 hours.
Pick a basket
Choose a side: long pre-IPO against the index, or the reverse.
Click once
Every leg goes out as one basket order, already hedge-sized.
Hold 48 hours
The clock starts at fill. Hold longer if you want. The rewards lock at 48h.
Get paid
50% of fees back on every basket leg, and +2% on points earned.
The rules
- Window
- 5 Oct to 12 Oct 202600:00 UTC to 00:00 UTC
- Eligible positions
- Opened through a Pre-IPO Fest basketSingle-leg orders do not count
- Minimum hold
- 48 hours from fill
- Minimum size
- 500 USD per basket
- Fees
- 50% back on every basket legCredited after the 48h hold
- Points
- +2% on points earned by basket positions
- Partial close
- Rewards pro-rataOn the notional still open at 48h
- Closed before 48h
- No rebate, no boost on that basket
How we
hedge.
βnet = 0
N is your basket size. The index leg is the basket's beta times N, on the opposite side.
OLS of each perp's daily returns on the Nasdaq-100 perp. 30-day window.
Hourly. Your legs are sized on the beta at the moment you click.
Single name. 100% Anthropic.
Equal weight. 50% Anthropic, 50% OpenAI.
Inverse volatility. Lower-vol names carry more notional.
Company-specific risk. That is the trade.
Hedge Campaigns
FAQ
It sends every leg of the basket as one basket order. The legs are sized from the live beta, so you never compute a hedge ratio yourself.
Pre-IPO names move with tech. Shorting the index strips that out, so the position tracks the company, not the market.
Yes. Every basket has a switch: long pre-IPO against the index, or short pre-IPO against the index. Both sides earn the same rewards.
After the basket has been open for 48 hours. The rebate covers the fees on every leg you opened through the basket.
No. Funding is not a fee. Each basket card shows the net funding per day of your legs so you can see the carry before you open.
You can, but the basket then counts as closed on that notional, and rewards apply pro-rata to what stayed hedged for 48 hours.