Those green squares in the image show something important: each one represents a month with positive returns since Solstice’s first fund activity. From January 2023 to now, the strategy has stayed profitable every single month. It started as a private strategy using institutional capital, then expanded with the launch of USX and eUSX. Now anyone holding eUSX benefits from the same delta-neutral approach, which is why users have only seen positive APY over time. No red months at all. Personally, I find that extremely impressive. Great execution by @solstice_TG.