Today we are thrilled to announce the launch of our latest offering — Shark Fin vaults!
We saw the opportunity to address a gap in the market for conservative investors and DeFi lenders who want to outperform existing lending rates while protecting their principal and maintaining a delta-neutral profile. Our “Bull Shark’’ vaults deliver on both these objectives. Users earn a guaranteed 12.75% APY up to 30.65% APY (on stablecoins) while being fully principal protected against market movements. In addition, we support deposits of native assets or staked assets for investors looking to keep their upside potential.
The innovative Bull Shark BTC and Bull Shark ETH vaults offer 100% principal-protected notes with lending and options components that deliver a high bonus yield and guaranteed minimum yield, regardless of market swings or downturns.
Introducing Bull Shark BTC and Bull Shark ETH
Our new investment products bring the traditional “Shark Note” strategy to the DeFi cryptocurrency market. Both the Bull Shark BTC and Bull Shark ETH vaults offer:
- 100% Principal Protection — Deposited funds principal-guaranteed.
- Guaranteed Yield — Earn a minimum guaranteed yield.
- High Bonus Payouts — Opportunity to earn higher APYs if crypto prices stay within a predetermined range upon maturity.
- Strong Backtesting — Past historical backtests reflect a high probability of receiving bonus “in-fin” payout.
- Maintain Your Upside — Deposit and earn in the same crypto asset, preserving your upside potential on ETH or stETH
- Real Yield — This passive strategy pays real yield, making net realized PNL clear and predictable.
Macro Outlook and Market Context
The launch of these products comes at a time when volatility in the crypto market is at a relative low point. Due to anticipated regulatory changes, investors are adopting a “wait and see” approach. Interest rates are not expected to drop soon, leading investors to seek strong risk-free yields.
Understanding Shark Notes
Shark notes are popular in traditional finance because they allow investors to earn a minimum guaranteed yield while participating in asset price movements to earn a high bonus payout. There are two main types:
- Bull Shark Note — Provides participation in price increases with capital protection.
- Bear Shark Note — Linked to price decreases with similar capital protection.
Our inaugural launch of Shark Fin products features two Bull-type shark notes. We plan to continually expand our product offerings to provide investors with infinite views on the market. The name “Shark Fin” comes from the shape of the APY payout graph where investors make a minimum yield (flat line) and the yield slopes up and to the right between strikes (the shark fin).
Typically, with shark notes, there are numerous parameters that can be customized, including base and barrier levels to tailor the risk according to market view. The bull shark note offers an up-and-out call option, while the bear shark note provides a down-and-out put option.
Why Choose Our Shark Fin Products?
Our Bull Shark vaults are particularly suited for investors who are bullish and anticipate movements in asset prices but not beyond a certain value. If the market view is correct, these products offer outsized payouts compared to other strategies, while the capital protection benefit strictly limits the risk incurred. We continue to innovate within the DeFi sector, providing cutting-edge investment solutions that empower investors to make safer, higher yields in the rapidly evolving crypto landscape.
Next Steps
Head to app.cega.fi and make your first deposit! If you have any questions, don’t hesitate to get in touch.
For more information, check out our website as well as our Discord and X page.
