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Documentation Index

Fetch the complete documentation index at: https://docs.inkwell.finance/llms.txt

Use this file to discover all available pages before exploring further.

CONFIDENTIAL & PROPRIETARY © 2026 Inkwell Finance, Inc. All Rights Reserved. This document is for informational purposes only and does not constitute legal, tax, or investment advice, nor an offer to sell or a solicitation to buy any security or other financial instrument. Any examples, structures, or flows described here are design intent only and may change.

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What Synthase is

Synthase is Inkwell’s systematic basis-yield strategy. It captures the funding-rate differential between perpetual futures and spot markets across a curated set of exchange venues, maintaining a delta-neutral position through continuous rebalancing. The product is designed for allocators looking for stable-coin-denominated yield uncorrelated with directional crypto exposure, with risk framed and reported in traditional finance vocabulary.

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How it works

1

Signal

A venue-by-venue funding-rate monitor tracks both predicted and realized rates across integrated perpetual-futures exchanges. Rebalance windows are scoped to each venue’s settlement cadence.
2

Allocation

Capital is deployed across venues proportional to risk-adjusted expected basis yield, subject to per-venue concentration and liquidity limits.
3

Hedging

Every perp position is spot-hedged one-for-one, maintaining delta-neutral exposure to the underlying. The basis between perp and spot is the returns driver, not directional price.
4

Rebalance

Continuous monitoring triggers rebalancing when venue-specific funding-rate thresholds are crossed or when position drift exceeds risk bounds.

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What’s in these docs

Full operational documentation — venue list, risk framework, execution architecture, backtest methodology, and reporting — publishes alongside the investor-facing release. For early-access conversations, contact ir@inkwell.finance.