August 2025

TerraM Token Buyback and Liquidity Policy for 2025–2026

The TerraM token derives its value from the earnings generated by the Terramatris Fund. As the fund grows, a portion of that growth is systematically directed toward strengthening token liquidity. This structure is designed to provide existing token holders with improved price stability and reduced transaction slippage.

Liquidity Management Plan

Liquidity is central to the long-term functioning of TerraM. Our structured plan includes:

Tickers

Trading Covered Calls on XRP with Deribit

At Terramatris we are always exploring new ways to structure option strategies around crypto assets. One of the more interesting challenges we’ve faced recently is figuring out how to trade covered calls on XRP.

Our favorite trading platform, Bybit, unfortunately does not yet offer XRP options. That left us looking for alternatives, and naturally, Deribit became our next candidate. Deribit does offer XRP options, but as always, the devil is in the details.

Tickers

Managing Risk: Rolling Forward and Hedging With Trigger-Based Shorts

In the past week, one of our ETH option positions came under pressure. We were short 1.7 ETH put contracts with a 4100 strike expiring on August 22. With ETH price action weakening, the trade started to look challenged.

At Terramatris, our primary focus is risk management. Collecting option premium is attractive, but holding onto a position that feels unsafe can quickly turn into a liability. We therefore took a hard look at our choices:

Episode 104 / Wyoming LLC Launch, Ethereum Rally & $137 Weekly Income

As of August 15, 2025, the Terramatris crypto hedge fund value stood at $10,283 what is a decrease of -0.11% or -$10 in dollar terms when compared to the last week. As we had some small business expenses last week (Registered agent service fee – Wyoming LLC incorporation), for which we used part of our fund’s capital, we still consider it another stellar week.

Tickers

Episode 102 / Options Premiums Hit $125 This Week – 1.29% Weekly Return for Crypto Fund

As of August 1, 2025, the Terramatris crypto hedge fund value has dropped to $9,673 what is a decrease of -4.59% or -$465 in dollar terms when compared to the last week. Considering we returned more than $500 in loan capital last week, the performance remains encouraging.

 YTD our crypto hedge fund is +70.31%.