Skip to main content
Every Nexio Series represents a single, borrower-specific yield strategy. These strategies generate predictable BTC returns for lenders while providing borrowers with efficient, fixed-rate credit for established, market-neutral trading activities. Each Series is operated by one verified borrower under fixed terms, clear covenants, and continuous on-chain monitoring. There are three core categories to begin.
StrategyDescriptionExample
1. CME BasisCaptures the premium between spot BTC and futures on regulated exchanges.If spot BTC trades at $100,000 and the 3-month CME future trades at $106,000, a borrower buys BTC spot and sells the future. When the contract expires and prices converge, the $6,000 spread becomes locked-in profit (forming the yield paid to lenders).
2. Delta-Neutral FundingArbitrage perpetual futures funding rates across exchanges.If a borrower holds 1 BTC spot and shorts a perpetual future paying 0.02% funding every 8 hours, they collect steady BTC payments from long traders. Over a year, this can compound into ~10–15% annualized yield shared with lenders.
3. Market-MakingProvides two-sided liquidity and earns spread income from trading volume.If BTC trades between $99,950–$100,050, a borrower posts buy orders at $99,950 and sell orders at $100,050. Each completed trade earns a $100 spread. Repeated thousands of times per day, these small spreads compound into a predictable return.
We’ll go into greater depth on each strategy in the subsequent sections. Each approach is market-neutral, meaning returns are generated from structural inefficiencies (like price spreads or funding differentials), not speculative bets on BTC’s direction. They therefore enable a consistent, transparent yield, which makes them suitable for fixed-rate BTC credit. Each Series discloses key details upfront:
  • Borrower Type: Which kind of institution does the capital support (e.g., market maker, basis trader, or delta-neutral desk).
  • Collateralization: How much BTC or equivalent collateral is pledged and the borrower’s credit tier.
  • Expected APR Range: Typical yield range based on historical market conditions.
  • Strategy Mechanics: How returns are generated and what market exposures exist.
This transparency lets lenders select Series aligned with their risk and liquidity preferences.