August 2023

​As of August 31, 2023, the Terramatris Crypto Fund's value surged to $33.66, an increase of $28.28 from the previous week, marking a remarkable 525.65% growth. This substantial percentage increase is primarily due to the fund's modest starting value of just over $5 in the prior week, illustrating how smaller portfolios can experience significant percentage swings with relatively minor absolute changes.​

During this period, the broader cryptocurrency market experienced notable movements:​

On August 24, 2023, just two days after launching our fund from scratch, we earned our very first profit — a modest yet meaningful $5.38 from selling credit spreads on Ethereum.

While the amount might seem small to outsiders, for us it represents something far greater: validation. It confirms that the engine works, that the strategy can generate income, and that even from day one, we're on the path toward a scalable, rules-based options strategy.