February 2025

Episode 80 / Crypto Fund Plunges 23% as Ethereum Crashes

As of February 27, 2025, the fund's value dropped sharply to $4,702.98, marking a $1,432.79 loss compared to the previous week. That’s a steep -23.35% week-over-week decline — the single largest percentage drop since inception.

The primary driver behind this downturn was Ethereum’s severe price crash. ETH experienced a violent sell-off, dragging down overall portfolio performance. While market corrections are not uncommon, the magnitude and speed of this drop caught many by surprise.

About

Terramatris is a crypto research and decentralized finance (DeFi) investment fund specializing in quantitative options trading. We grow our long holdings from options trading, focusing on selling cash-secured puts and covered calls on Bitcoin, Ethereum and Solana while reinvesting options premium back into spot crypto. To put it short, we are a directional fund employing advanced trading / hedging strategies.

Episode 79 / Crypto Fund Slips Under $6,200

As of February 20, 2025, the Terramatris Crypto Fund's value stands at $6,135.77, reflecting a slight decrease of $56.40 from the previous week, marking a 0.91% decline.​

During this period, Ethereum (ETH) exhibited modest gains. On February 20, 2025, ETH's price closed at $2,738.98, up from $2,715.47 the previous day. This uptick contributed to stabilizing the fund's overall performance amid a fluctuating market. ​

Episode 77: Sliding Back — Fund Drops 4.28% Amid Crypto Market Stagnation

As of February 6, 2025, the fund’s value has declined to $5,826.35, marking a -4.28% drop week-over-week, equivalent to a -$260.48 decrease in dollar terms. After a period of relative stability, this decline signals a potential shift in sentiment, as uncertainty once again clouds the crypto landscape.