Skip to content
Prime Alpha
Apply for access

On-chain yield. Institutional grade.

Built for family offices and institutional allocators, Prime Alpha pairs institutional risk discipline, mandate enforcement and reporting with the transparency of on-chain infrastructure, built and run entirely in-house.

6Independent security audits across the vault stack
$3.5B+Secured on the Boring Vault standard the fund is built on
Featured fund

Prime Alpha USD

Prime Alpha USD is a permissioned, USD-denominated fund with no directional price exposure. It earns from three distinct return drivers: delta-neutral carry, exchange liquidity provision and short-duration tokenized credit. The fund runs on non-custodial vault infrastructure we build and operate end to end.

14.27%Gross APR since inception
11.41%Net APR, rolling
11.9130-day Sharpe
−0.14%Max drawdown
Max drawdown since inceptionAs of 30 July 2026
Rolling 30-day SharpeAs of 30 July 2026
Venues and counterparties
Lighter

Perpetual futures exchange. ZK order book on Ethereum.

Nest

Curated yield from tokenized Treasuries, regulated funds, and private credit.

Black Opal

Emerging market asset-backed finance. Brazilian credit card receivables.

Vault infrastructure audited by Spearbit, Pashov and 0x Macro. Monitored by Hypernative. Net asset value independently verified by Accountable.

Transparency First

Manager Actions are bounded on-chain

Every manager action is defined on-chain. Actions outside it are cryptographically impossible.

Independent and External Monitoring

Hypernative, an independent risk monitor, watches every position and transaction against the mandate. If activity falls outside it, they can halt trading and unwind the fund independently

Independent NAV Reporting

Net asset value is verified by Accountable, an independent third party. Every position is publicly visible, so holdings can be checked at any time without asking us.

Built for Compliance

Private & Permissioned

All Fund Depositors are KYC'd and whitelisted before depositing

On-chain Investment Mandate Enforcement

Exposure caps, strategy restrictions and allocation limits are pre-configured and enforced automatically.

Audit-Ready

Verifiable on-chain in real time.

Reporting and earnings documentation delivered on request.

5-year track record

Built by a team from the intersection of systematic asset management and on-chain finance, with talent from a $4B AUM hedge fund and Swell Labs, managing $2B TVL on-chain at peak.

Nick Cheng
Nick ChengFounding Partner

Systematic Portfolio Manager at a $4B hedge fund. Previously Optiver and JPMorgan.

LinkedIn
Abishek Kannan
Abishek KannanFounding Partner

Led $1B+ in ETH institutional staking flows. Former Lead Researcher at Staking Rewards.

LinkedIn
Chris TH
Chris THFounding Partner

Seasoned market maker specializing in European equities and structured products with multi-year track record.

LinkedIn
Alvin Nguyen
Alvin NguyenLead Smart Contract Architect

Built core DeFi infrastructure at Kyber Network ($1B+ TVL DEX aggregator). Previously led engineering at Caliber.

LinkedIn
Matthew Dinh
Matthew DinhHead of Engineering

Engineering manager at Kyber Network ($1B+ TVL DEX aggregator). Previously led mobile engineering at TEKO and studio programming at Gameloft.

LinkedIn
Kieran Smith
Kieran SmithChief Marketing Officer

Web3 CMO with a track record of taking protocols from launch to global recognition. Marketing experience with Uphold, Wirex, and eToro. Former contributor to TechCrunch, CoinTelegraph, and The Guardian.

LinkedIn
Audits

Independent audits by 6 firms

Latest audit August 2026. Every report is public.

View all audits
SlowMist
Codespect
Spearbit
0xMacro
Three Sigma
Pashov Audit Group

The infrastructure behind Prime Alpha

Independent Monitoring
hypernative
accountable
Custody Partners
bitgo
fordefi

Get started

We handle the configuration, compliance, and deployment: so you can focus on allocation from day one.

Most funds are live within 2 weeks.

1
ApplySubmit your fund details and target allocation size.
2
Onboarding callWalk through your mandate, risk profile, and allocation size with the team.
3
Vault configurationWe configure your vault to your investment policy. Exposure caps, strategy limits, and counterparty whitelist set up on your behalf.
4
DeployYour vault goes live. Reporting begins from day one.
Apply for Prime Alpha access