-5.08% monthly drawdown, but still +42% relative to BTC, the performance report for long-term believers

BTC-2.37%
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TradingHeights
Over the past month, the fund's return was -5.08%.

A challenging month, in which multiple protocols have seen challenges.

$TAO , $AAVE , and $SUI all faced their challenges and have shown strong resilience since then, but ultimately ended up with a negative return in April.

However, volatility trading has generated a +4.16% return compared to simply holding those assets.

Additionally, our performance vs. $BTC remains at +42% since inception in July '25, and we are looking ahead with a positive lens and expectations.
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