Weekly updates
Episode 106 / Ethereum Nears $5K as Terramatris Fund Surges +83.97% YTD
| 45 seen
As of August 29, 2025, the Terramatris crypto hedge fund value stood at $10,448 what is an increase of +3.02% or +$306 in dollar terms when compared to the last week. Also we have set another all time high. Awesome!
Just like the previous week, this one was also marked by significant volatility. Ethereum (our bread and butter) surged to nearly $5,000 — a new all-time high — before pulling back to $4,360at the time of writing. We believe that if ETH breaks above $5,000, another major rally could follow — perhaps toward $7,000? That’s just speculation, of course. Nevertheless, as put sellers, we always remain cautious while maintaining an opportunistic outlook.
YTD our crypto hedge fund is +83.97%.
Current Long Perpetual Futures (USDT Settled)
- 1.6 ETH – Break-even: $4,984 | Short puts: $4,150
- 13 SOL – Break-even: $202.73 | short puts: $190
We bought back 0.1 ETH and added it to our long positions. Additionally, this week we initiated a new strategy with Bitcoin perpetual futures, aiming to sell covered calls against them. We are starting small with 0.01 BTC and plan to gradually increase our exposure to 0.1 BTC over the next 10 weeks.
Options Income
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $582 from options premiums, translating to a 5.57% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
This has been our best-performing week so far in terms of yield and options premium.
To be precise, the surge was driven by the rollout of monthly expiry options. We consistently observe a premium boost at the end of each month as we simultaneously roll forward both weekly and monthly positions.
Additionally, it should be noted that we rolled forward and up some in-the-money options which remain in-the-money after this rollout. As a result, the reported options income premium has been skewed by approximately $160 this week.
Looking ahead, we do not expect to exceed $200 per week in options premiums until the final week of September. For now, we have set a baseline target of $150 per week throughout the month.
TerraM token
Last week, we onboarded another OTC purchase by bringing in fresh capital. We are grateful to our long-time associate Rob for this referral and remain committed to delivering excellent results in the future. Besides that there hasn’t been much movement with our native TerraM utility token last week. We anticipate initiating treasury operations once the fund’s value reaches $12,000.
- Solana blockchain
- Fully Diluted Market cap: $32,600
- Total supply: 10,000
- In circulation: 1,681 (16.81%)
- On Liquidity pool: 410 (4.10%)
- Price per token: $3.26
- Slippage per 200 TerraM tokens (-32.37%)*
*The biggest challenge we are currently facing with the TerraM token is slippage. Due to the shallow depth of the liquidity pool, slippage remains significant — for example, converting 200 TerraM back to USDC would currently incur a loss of -32.37%. We expect to reduce slippage by a few percentage points once the fund’s value surpasses $12,000.
Terramatris LLC may, from time to time, repurchase $TERRAM tokens from the open market for purposes such as liquidity pool management, ecosystem initiatives, or treasury operations. These activities are not intended as investment incentives and do not guarantee any future token value.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions
Episode 105 / ETH Volatility, Options Income of $170, and New Plume Position
| 116 seen
As of August 22, 2025, the Terramatris crypto hedge fund value stood at $10,142 what is a decrease of -1.37% or -$140 in dollar terms when compared to the last week.
The past week has been quite turbulent, with Ethereum fluctuating between 4,600 and 4,000. At one point, we even considered hedging by shorting part of our position with perpetual contracts, but ultimately decided against it. The week ended on a positive note, as all of our weekly options expired worthless. The decline in portfolio value mainly came from the depreciation of our long-term holdings.
Despite negative performance in crypto markets we are still just a few hundred dollars shy of our all-time high recorded earlier this summer—an encouraging sign of the fund’s resilience and upward momentum.
YTD our crypto hedge fund is +78.57%.
This week, we added new long position to our portfolio: Plume
We decided to gradually build small positions in this token because we believe it may have strong potential to grow significantly—possibly achieving 100x returns over the next five years.
This is not a trade recommendation; it simply reflects our strategic positioning and outlook.
As we want to grow our crypto hedge fund into the million-dollar territory, we need to actively identify promising projects today while also being willing to take opportunistic risks. To finance these positions, we allocate a small portion of our options premium income to such high-upside bets. The remainder continues to be deployed into more established assets like Bitcoin, Ethereum, and Solana, ensuring a balance between growth potential and long-term stability.
Current Long Perpetual Futures (USDT Settled)
- 1.7 ETH – Break-even: $4,497 | Short puts: $4,000 (0.7) and $3,900 (1)
- 13 SOL – Break-even: $190.22 | short puts: $175
We continue to anticipate a deeper market pullback, with a potential test of the 3600–3500 (for Ethereum) range in the coming weeks or months, as suggested by the technical charts.
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $170 from options premiums, translating to a 1.67% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
Looking ahead, we anticipate higher premiums next Friday with both weekly and monthly options expiring. We are targeting at least $300 in premium income for the week.
TerraM token
There hasn’t been much movement with our native TerraM utility token last week. We anticipate initiating treasury operations once the fund’s value reaches $12,000.
- Solana blockchain
- Fully Diluted Market cap: $32,600
- Total supply: 10,000
- In circulation: 1,681 (16.81%)
- On Liquidity pool: 410 (4.10%)
- Price per token: $3.26
Terramatris LLC may, from time to time, repurchase $TERRAM tokens from the open market for purposes such as liquidity pool management, ecosystem initiatives, or treasury operations. These activities are not intended as investment incentives and do not guarantee any future token value.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions
Episode 104 / Wyoming LLC Launch, Ethereum Rally & $137 Weekly Income
| 73 seen
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.
We are still just a few dollars shy of our all-time high recorded earlier this summer—an encouraging sign of the fund’s resilience and upward momentum.
YTD our crypto hedge fund is +81.06%.
Current Long Perpetual Futures (USDT Settled)
- 1.7 ETH – Break-even: $4,697 | Short puts: $4,100
- 13 SOL – Break-even: $199.38 | short puts: $180
This week saw another strong rally for Ethereum, climbing from $3,900 to $4,600. While we’re pleased with the move, as put sellers we tend to remain cautious, anticipating potential market pullbacks.
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $137 from options premiums, translating to a 1.33% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
Looking ahead, we don’t anticipate generating more than $200 per week in premiums through the end of August, barring any major volatility spikes or strategy changes.
Wyoming LLC
Last week, we officially incorporated Terramatris LLC in the State of Wyoming, USA — a long-anticipated step toward building a more structured and transparent foundation for our operations. While the current fund value may still be modest, our focus remains on steady growth and doing things the right way from the start.
As part of this incorporation, all TerraM Tokens ($TERRAM) held in project-controlled wallets — including those in Raydium liquidity pools — have been transferred under the ownership of Terramatris LLC.
This change does not alter the function, purpose, or availability of TerraM Tokens for holders. $TERRAM remains a utility token for community participation and engagement within the Terramatris ecosystem, and it does not represent ownership, equity, or rights to the assets of Terramatris LLC.
TerraM token
With the TerraM token now under the ownership of Terramatris LLC, we cannot and do not promote it as an investment vehicle. This aligns with our vision — similar to the $TRUMP coin approach by Fight Fight Fight LLC — where the token is presented as an idea, a symbol, and a form of community participation, but never as an investment or security.
- Solana blockchain
- Fully Diluted Market cap: $32,600
- Total supply: 10,000
- In circulation: 1,681 (16.81%)
- On Liquidity pool: 410 (4.10%)
- Price per token: $3.26
Terramatris LLC may, from time to time, repurchase $TERRAM tokens from the open market for purposes such as liquidity pool management, ecosystem initiatives, or treasury operations. These activities are not intended as investment incentives and do not guarantee any future token value.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions
Episode 103 / Crypto Hedge Fund Update: $10,294 Value, SOL Strategy Shift, and TerraM Airdrop
| 46 seen
Greetings from Thessaloniki, Greece
This week, the Terramatris team has traveled to beautiful Thessaloniki to celebrate a special occasion—our CEO’s 40th birthday!
With fresh sea breezes, delicious local cuisine, and surprisingly excellent bulk wine, this coastal city has proven to be a true hidden gem in the heart of Europe. Thessaloniki offers a perfect balance between modern energy and historic charm, and it’s been the ideal backdrop for both celebration and exploration.
As we've immersed ourselves in the culture, we've also taken note of the local financial landscape. Interestingly, we’ve come across several brokerage names during our time here, suggesting that crypto investing and digital asset funds are gaining traction in Greece.
That said: As of August 8, 2025, the Terramatris crypto hedge fund has once again crossed the $10K threshold, reaching a portfolio value of $10,294. This marks a weekly increase of +6.42%, or +$620 in absolute dollar terms.
We are now just a few dollars shy of our all-time high recorded earlier this summer—an encouraging sign of the fund’s resilience and upward momentum.
YTD our crypto hedge fund is +81.24%.
Current Long Perpetual Futures (USDT Settled)
- 1.7 ETH – Break-even: $4,178 | Short puts: $3,550
- 13 SOL – Break-even: $189.56 | short puts: $168
This week, we made several adjustments to our recovery trades, originally initiated during the March/April market crash.
Most notably, we’ve now fully recovered our capital from the 5 SOL trades that had been tied up since that downturn. With this capital freed up, we agreed to make a minor portfolio adjustment: reallocating 0.02 BTC into 13 SOL.
The goal for this new position is to gradually recover value over the next few months, primarily by collecting premiums through options strategies. This move reflects our ongoing commitment to agile portfolio management and disciplined capital recovery.
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $142 from options premiums, translating to a 1.37% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
Looking ahead, we don’t anticipate generating more than $200 per week in premiums through the end of August, barring any major volatility spikes or strategy changes.
TerraM Token Update
This week, we successfully completed a Terram Token airdrop, granting all token holders a 1% increase in their holdings. This distribution reflects our continued commitment to rewarding long-term participation and supporting the growth of the Terram ecosystem.
- Solana blockchain
- Fully Diluted Market cap: $31,400
- Total supply: 10,000
- In circulation: 1,657 (16.57%)
- On Liquidity pool: 394 (3.94%)
- Price per token: $3.14 | Swap on Raydium, ByBit or OKX.com (Solana supported wallet required)
Thank you for being part of this journey!
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions
Episode 102 / Options Premiums Hit $125 This Week – 1.29% Weekly Return for Crypto Fund
| 31 seen
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%.
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $124,002 | Short puts: $108,000
- 1.7 ETH – Break-even: $3,954| Short puts: $3,300
- 5 SOL – Break-even: $163.27 | short puts: $168
As long as SOL stays above 168 by next Friday's expiry we will be break even on this position, thus freeing up funds for other options trades. Awesome.
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $125 from options premiums, translating to a 1.29% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
Looking ahead, we don’t anticipate generating more than $200 per week in premiums through the end of August, barring any major volatility spikes or strategy changes.
TerraM Token Update
After a successful buyback last week, our native TerraM token increased to $3.14, which is an increase of 13 cents and marks an all-time high.
- Solana blockchain
- Fully Diluted Market cap: $31,400
- Total supply: 10,000
- In circulation: 1,657 (16.57%)
- On Liquidity pool: 394 (3.94%)
- Price per token: $3.14 | Swap on Raydium, ByBit or OKX.com (Solana supported wallet required)
In the coming weeks, we’re planning to inject more liquidity and initiate a token buyback to support the ecosystem.
Thank you for being part of this journey!
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions
Episode 101 / Crypto Fund Hits Record Options Premium Week with $418 Earned
| 33 seen
As of July 25, 2025, the Terramatris crypto hedge fund value was $10,138 what is a slight decrease of -1.61% or -$166 in dollar terms when compared to the last week. A healthy pullback after few strong weeks. YTD our crypto hedge fund is +78.50%. Awesome!
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $125,277 | Short puts: $109,000
- 1.7 ETH – Break-even: $3,448 | Short puts: $3,300
- 5 SOL – Break-even: $173.87 | short puts: $170
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $418 from options premiums, translating to a 4.12% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
This has been our best-performing week so far in terms of yield and options premium.
To be precise, the surge was driven by the rollout of monthly expiry options. We consistently observe a premium boost at the end of each month as we simultaneously roll forward both weekly and monthly positions.
Looking ahead, we don’t anticipate generating more than $200 per week in premiums through the end of August, barring any major volatility spikes or strategy changes.
TerraM Token Update
After a successful buyback last week, our native TerraM token increased to $3.01, which is an increase of 13 cents and marks an all-time high.
- Solana blockchain
- Fully Diluted Market cap: $30,100
- Total supply: 10,000
- In circulation: 1,640 (16.4%)
- On Liquidity pool: 377 (3.77%)
- Price per token: $3.01 | Swap on Raydium, ByBit or OKX.com (Solana supported wallet required)
In the coming weeks, we’re planning to inject more liquidity and initiate a token buyback to support the ecosystem.
Thank you for being part of this journey!
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions
Episode 100 / $10K Achieved! Terramatris Crypto Fund Celebrates Week 100 with Strong Gains
| 29 seen
Welcome to Episode 100 – A Historic Milestone!
On this special 100th episode dated July 18, 2025, we’re thrilled to announce that the Terramatris Crypto Hedge Fund has reached a major milestone: $10,304 total fund value, breaking the $10K barrier for the first time ever!
This week alone, we posted a strong +14.04% gain, or +$1,268 in dollar terms. Absolutely awesome!
It took us exactly 100 weeks to grow to $10,000, and while the first ten grand was a grind, we’re optimistic the next $10K won’t take nearly as long. In fact, we’re aiming to double the fund’s value within a year — and all this without adding any outside capital.
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $128,767 | Short puts: $112,000
- 1.8 ETH – Break-even: $4,013 | Short puts: $3,300
- 5 SOL – Break-even: $175.83 | Long calls: $168
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $135.29 from options premiums, translating to a 1.31% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
A major boost to our portfolio has come from the ongoing bull run in the crypto market. At the time of writing, Ethereum (ETH) is hovering around $3,600 — a sharp increase from $3,000 just a week ago. Since ETH remains the bread and butter of our portfolio, we’ve certainly benefited from this upswing. Nevertheless, as put sellers, we remain cautious.
TerraM Token Update
After a successful buyback last week, our native TerraM token increased to $2.88, which is an increase of 14 cents and marks an all-time high.
- Solana blockchain
- Fully Diluted Market cap: $28,800
- Total supply: 10,000
- In circulation: 1,623 (16.23%)
- On Liquidity pool: 360 (3.60%)
- Price per token: $2.88 | Swap on Raydium, ByBit or OKX.com (Solana supported wallet required)
In the coming weeks, we’re planning to inject more liquidity and initiate a token buyback to support the ecosystem.
As promised, we’re also celebrating the fund surpassing the $10,000 milestone by distributing an additional 1% TerraM token to all existing holders.
No action is required on your part — the bonus tokens will be automatically deposited to your wallet address within 2–3 weeks.
Thank you for being part of this journey!
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions
Episode 99 / Terramatris Crypto Fund Weekly Report: +$963 Growth, ETH Rally, and New Synthetic Covered Calls
| 22 seen
As of July 11, 2025, the Terramatris crypto hedge fund value has grown to $9,036 showing very strong weekly growth of +11.93% or +$963 in dollar terms. Week after week, we continue breaking milestones — and this week, we’ve set a new all-time high. Absolutely awesome! As we’ve just crushed several of our key milestones, another TerraM token buyback and liquidity boost is now in the pipeline.
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $129,070 | Short puts: $112,000
- 1.8 ETH – Break-even: $3,448 | Short puts: $2,700
- 5 SOL – Break-even: $165.86 | Long calls: $156
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $155.47 from options premiums, translating to a 1.72% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
A major boost to our portfolio has come from the ongoing bull run in the crypto market. At the time of writing, Ethereum (ETH) is hovering around $3,000 — a sharp increase from $2,500 just a week ago. Since ETH remains the bread and butter of our portfolio, we’ve certainly benefited from this upswing. Nevertheless, as put sellers, we remain cautious.
In parallel, we successfully closed a synthetic covered call position originally opened at the end of May, realizing a gain of $400. We've now doubled down and opened a new synthetic covered call on Ethereum, with a $3,000 strike and an expiration at the end of September.
On the optimistic side, we're targeting a potential profit of $800–$1,000 by expiry. However, if the market crashes and ETH falls back to the $2,500–$2,000 range, we’ll be obligated to purchase 2 ETH at $3,000.
As always — trade safe.
TerraM Token Update
Having just surpassed the $9,000 milestone, our fund is taking the next strategic step forward.
We're contributing an additional $150 worth of TerraM tokens into the Raydium liquidity pool. This move is designed to reduce slippage and improve market depth by increasing the free float of TerraM.
In parallel, we’re preparing a modest token buyback to help tighten circulating supply — a step we believe will contribute to upward price momentum. Both the liquidity injection and the buyback are scheduled to be executed early next week.
Based on current projections, we anticipate a price increase of approximately $0.20 to $0.25 for TerraM in the coming weeks.
Thank you for your continued trust in the TerraM token and the vision we’re building together.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
Episode 98 / TerraM Token Stable at $2.74, Fund Earns $133 in Options as Q3 Begins
| 33 seen
As of July 4, 2025, the Terramatris crypto hedge fund value has grown to $8,073, slightly dipping by 0.66% (-54$ in dollar terms) weekly over week. Never less, last week we returned loan of almost $500, and we believe the result is decent.
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $122,644 | Short puts: $104,000
- 1.8 ETH – Break-even: $3,0172 | Short puts: $2,400
- 5 SOL – Break-even: $160.03 | Short puts: $150
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $133.40 from options premiums, translating to a 1.65% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
TerraM Token Update
The TerraM token remains stable at $2.74, with no price movement in past weeks.
- Solana blockchain
- Fully Diluted Market cap: $27,400
- Total supply: 10,000
- In circulation: 1,610 (16.1%)
- On Liquidity pool: 342 (3.42%)
- Price per token: $2.74 | Swap on Raydium, ByBit or OKX.com (Solana supported wallet required)
TerraM token’s market cap is now standing at $27,400, which is nano-cap compared to other crypto tokens — but as long as there is growth, we are happy. Our next liquidity increase and buyback is planned after our fund’s value reaches $8,500.
This week has primarily been a period of consolidation in the markets, with limited volatility as participants assess upcoming catalysts. As we enter July, marking the beginning of Q3 and the second half (H2) of the year, the early tone has been constructive.
While the start of Q3 has shown positive momentum, we remain cautious and fully aware that the market could experience significant price movements in either direction. We are closely monitoring conditions and stand ready to respond to emerging trends or shifts in sentiment.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
Episode 97 / Nano-Cap, Major Moves: TerraM Token $2.74 while Crypto Fund Hits $8,127
| 49 seen
As of June 27, 2025, the Terramatris crypto hedge fund value has grown to $8,127 showing yet another weekly growth of +1.02% or +$81 in dollar terms. Week after week, we continue breaking milestones — and this week, we’ve set a new all-time high. Absolutely awesome!
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $119,026 | Short puts: $100,000
- 1.9 ETH – Break-even: $3,047 | Short puts: $2,250
- 5 SOL – Break-even: $164.01 | Long calls: $148
We sell weekly options every Friday, which is why this update is published at the end of the week.
This week, in total, we earned $260.29 from options premiums, translating to a 3.2% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
For the truth's sake, the boost comes because our monthly long ETH call options expired and we rolled them to next month's expiry. Monthly options boosted income by about $120 this week, and it's not expected to reach more than $200/week at least until the end of July.
TerraM Token Update
After a successful buyback last week, our native TerraM token increased to $2.74, which is an increase of 14 cents and marks an all-time high. Additionally, as we cracked our $8,000 goal last week, we also increased liquidity, which means slippage has improved a bit.
- Solana blockchain
- Fully Diluted Market cap: $27,400
- Total supply: 10,000
- In circulation: 1,610 (16.1%)
- On Liquidity pool: 342 (3.42%)
- Price per token: $2.74 | Swap on Raydium, ByBit or OKX.com (Solana supported wallet required)
TerraM token’s market cap is now standing at $27,400, which is nano-cap compared to other crypto tokens — but as long as there is growth, we are happy. Our next liquidity increase and buyback is planned after our fund’s value reaches $8,500.
Comment from our CEO
This week has been particularly rough, not just in markets, but around the world. The escalating tensions in the Middle East added a layer of volatility and uncertainty across all asset classes — and crypto was no exception. Despite the uneasy backdrop, I’m proud to say the Terramatris fund continued its upward trajectory, however modest, with a +1.02% gain.
We’re now standing at $8,127, a new all-time high. It’s a testament to the power of consistency, calculated risk, and disciplined execution. Week after week, we push forward, break through milestones, and adapt. Our options strategy delivered a solid $260.29 in premiums — bolstered by our monthly ETH call roll — and even as we anticipate a more tempered pace through July, we’re on track and in control.
The TerraM token also continues to impress, now priced at $2.74 with increased liquidity and a market cap of $27,400. Every small win — every tightened spread and every incremental boost in token value — moves us closer to a more robust ecosystem.
While the world feels heavy at times, our mission remains clear. The $10K milestone is no longer a distant dream — it’s within striking distance. We may not know exactly which week it’ll arrive, but one thing is certain: we’ll be ready when it does.
Stay safe, stay focused — and thank you for being part of the journey.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.