Weekly updates
Episode 96 / Crypto Hedge Fund Hits $8K Milestone — Weekly Options Yield 1.25% Return
| 88 seen
As of June 20, 2025, the Terramatris crypto hedge fund value has grown to $8,045 showing yet another weekly growth of +3.8% or +$294 in dollar terms. Also for the first time since inception we have cracked $8,000 officially, and that mean just one - increased liquidity and buyback for our native TerraM token. More on that bellow
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $115,188 | Short puts: $96,000
- 1.9 ETH – Break-even: $3,19 | Short puts: $2,300
- 5 SOL – Break-even: $166.1| Long calls: $158
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 $101.02 from options premiums, translating to a 1.25% weekly return on capital. Our target is anything above 1%, so we're satisfied with this result.
Now with $8,000 officially in our books, our next milestone is to crack $10K. We’re looking at several ways to get there — options premium, crypto appreciation, and possibly raising funds via our native TerraM token. But since options selling is our main source of income, we estimate that even without any additional capital injection and stable market conditions, it would take us about 14 weeks (End of September) to reach $10K.
TerraM Token Update
The TerraM token remains stable at $2.60, with little price movement in recent weeks.
Having just crossed the long-anticipated $8,000 milestone, our fund is taking the next step forward.
We’re adding $75 back into the Raydium liquidity pool by contributing additional TerraM tokens. This move is aimed at reducing slippage and increasing the free float of TerraM in the market.
Additionally, we plan to initiate a modest buyback of TerraM tokens, which should support a price increase by tightening supply. Both the liquidity injection and the buyback are scheduled to be finalized at the beginning of the week.
We anticipate the TerraM token price to rise by approximately 10–13 cents as a result of these actions.
Outreach campaign over LinkedIn
This week, we launched a targeted LinkedIn outreach campaign focused on DeFi, Web3, and crypto investors. We curated a high-potential contact list and reached out to 10 qualified individuals per day, sending warm-up messages to introduce our work and expand awareness of the TerraM fund.
The primary goal is to build credibility and authority within the crypto investment space. A secondary objective is to explore direct or OTC deals involving our fund’s TerraM tokens.
By the end of the week, our CEO had established 164 (+34)LinkedIn connections, while our official company page remained at just 4 followers—a clear signal of the personal nature of early engagement versus brand awareness.
The goal of this outreach campaign is to spark interest, build strategic partnerships, and potentially attract new investments.
If this resonates with you, feel free to connect with us on LinkedIn—we’re always open to meaningful conversations.
Past / Present / Future
Compared to a year ago, our fund has grown by more than 284%, translating to an increase of $5,233. If we can sustain this 284% growth rate over the next 12 months, we could reach a fund value of approximately $22,800. We like that number—and we're focused on getting there.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
Episode 95 / Crypto Fund Earns 1.85% Weekly ROI Through Options Premiums
| 90 seen
As of June 13, 2025, the Terramatris crypto hedge fund value stood at $7,750 showing yet another weekly growth of +2.71% or +$204 in dollar terms.
Just like the previous week, our fund’s value remained well above $8,000 for most of the time. However, a slip occurred once again, and at the time of writing this article, we’ve fallen below that threshold.
Despite the growth, we are still -0.82% below our all-time high of $7,811 (recorded on March 6, 2025), while the fund's year-to-date performance is +36.46%
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $115,367 | Short puts: $96,000
- 1.9 ETH – Break-even: $3,143 | Short puts: $2,300
- 5 SOL – Break-even: $167.64| 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 $143.63 from options premiums, translating to a 1.85% 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 $2.60, with little price movement in recent weeks.
We're focused on improving liquidity, but no major buybacks or liquidity increases are planned until the fund reaches at least $8,000 in value. Although we're approaching the next buyback, which could slightly improve liquidity and potentially raise the token price by around 10 to 13 cents.
Outreach campaign over LinkedIn
This week, we launched a targeted LinkedIn outreach campaign focused on DeFi, Web3, and crypto investors. We curated a high-potential contact list and reached out to 10 qualified individuals per day, sending warm-up messages to introduce our work and expand awareness of the TerraM fund.
The primary goal is to build credibility and authority within the crypto investment space. A secondary objective is to explore direct or OTC deals involving our fund’s TerraM tokens.
By the end of the week, our CEO had established 130 (+18)LinkedIn connections, while our official company page remained at just 4 followers—a clear signal of the personal nature of early engagement versus brand awareness.
The goal of this outreach campaign is to spark interest, build strategic partnerships, and potentially attract new investments.
If this resonates with you, feel free to connect with us on LinkedIn—we’re always open to meaningful conversations.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
Episode 94 / Crypto Fund Surges 10.76% Weekly / XRP Backed Loan
| 84 seen
As of June 6, 2025, the Terramatris crypto hedge fund value stands at $7,546 showing very strong weekly growth of +10.76% or +$733 in dollar terms.
At one point during the week, the fund briefly exceeded the $8,000 mark, setting a new all-time high. Unfortunately, by week’s end, its value experienced a pullback.
Nevertheless, it was an impressive and encouraging week overall.
The growth primarily stems from securing an XRP-backed loan, which we are using as collateral to generate yield by selling options on ETH. We are still evaluating the impact and structure of this loan, with the goal of remaining loan-neutral. Our strategy includes identifying opportunities to repay the loan quickly.
Currently, we are paying 8% annual interest on this loan. If you have idle crypto assets and are exploring ways to generate yield, we’d be happy to discuss potential opportunities.
Despite all the growth, we are still -3.44% below our all-time high of $7,811 (recorded on March 6, 2025), while the fund's year-to-date performance is +32.86%
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $115,626 | Short puts: $96,000
- 1.9 ETH – Break-even: $3,153 | Short puts: $2,275
- 5 SOL – Break-even: $169.73 | Long calls: $155
It appears that the crypto markets may be entering a more serious pullback. This week, we were assigned 5 SOL coins at a strike price of $155, while the spot price had declined to $147 at the time of assignment. Rather than rolling the position forward, we opted to accept the assignment and establish a long position. To generate income on the holding, we subsequently sold call options expiring next week against the assigned SOL.
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 $152.54 from options premiums, translating to a 2.02% 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 $2.60, with little price movement in recent weeks. We're focused on improving liquidity, but no major buybacks or liquidity increases are planned until the fund reaches at least $8,000 in value.
Thank you for your continued support
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
Episode 93 / Crypto Fund Grows to $6,812 (+2.59%) as Crypto Markets Surge in May 2025
| 107 seen
As of May 30, 2025, the Terramatris crypto hedge fund value stands at $6,812, showing another strong weekly growth of +2.59% or +209 in dollar terms.
That still puts as -12.82% below our all-time high of $7,811 (recorded on March 6, 2025), while the fund's year-to-date performance is +19.95%. The past few weeks have been very strong for crypto markets and right now we are not excluding some pullback, consolidation before next move, despite overall optimism, we are concerned about - Sell the May and go Away phenomena, meaning next few months might be challenging. We hope to be wrong though!
This week, we capitalized on elevated crypto market conditions and sold our entire BNB position at a modest profit. While we continue to hold a few altcoins, our strategic focus for the remainder of 2025 will shift exclusively to Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Our plan is to gradually exit altcoin positions, but only when doing so results in a profit. This measured approach aligns with our broader goal of consolidating into high-conviction assets with stronger long-term potential and market resilience.
Monthly Covered Calls
Over the past 93 weeks, we’ve built a small but respectable long-term portfolio. To generate consistent income, we’ve been employing a disciplined strategy of selling monthly covered calls on our long positions.
With today marking the final day of the current options expiry cycle, we executed the following covered call sales:
- 1.7 ETH - 2400 / rolled up from 2300
- 6 SOL - 190 / rolled up from 180
This approach continues to provide steady cash flow while allowing us to manage risk and optimize returns in a dynamic market environment.
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $117,895 | Short strike: $98,000
- 1.9 ETH – Break-even: $3,286 | Short strike: $2,375
- 5 SOL – Break-even: $172.65 | Short strike: $155
We sell weekly options every Friday, which is why this update is published at the end of the week.
Additionally, we continued experimenting with our synthetic covered call strategy. At the start of the week, we also borrowed 0.01 BTC to initiate another covered call trade. So far, the results have been promising.
In total we earned $132.03 in premiums this week — combination from both long spot and recovery trades
TerraM Token Update
The TerraM token remains stable at $2.60, with little price movement in recent weeks. We're focused on improving liquidity, but no major buybacks or liquidity increases are planned until the fund reaches at least $8,000 in value.
Last week, we announced a potential staking initiative aimed at boosting the TerraM token. After further consideration, we have decided not to proceed with staking at this time, as the current fund size remains relatively small.
Instead, we are introducing a new incentive: once our total fund value reaches $10,000, we will distribute an additional 1% in TerraM tokens to all existing TerraM token holders.
For example, if you currently hold 200 TerraM tokens, you will automatically receive 2 additional TerraM tokens in your wallet when the fund hits the $10K milestone — a kind of airdrop.
After reaching this goal, we will likely revisit the staking opportunity and evaluate it further.
Past / Present / Future
Compared to a year ago, our fund has grown by more than 163%, translating to an increase of $4,222. If we can sustain this 163% growth rate over the next 12 months, we could reach a fund value of approximately $17,800. We like that number—and we're focused on getting there.
Thank you for your continued support and understanding.
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
Episode 92 / Crypto Fund Grows 5.69% Weekly / TerraM token Staking Opportunity Ahead
| 124 seen
As of May 23, 2025, the Terramatris crypto hedge fund value stands at $6,640, showing another strong weekly growth of +5.69% or +$357 in dollar terms.
Despite the strong market recovery, we are still -15.02% below our all-time high of $7,811 (recorded on March 6, 2025), while the fund's year-to-date performance is +16.92%. The past few weeks have been very strong for crypto markets and also for our fund.
Anyhow, despite strong growth we are not opening new put positions until our fund is reaching at least $8,000 in value, in optimistic scenario we hope to get there in the next 3-4 months, not excluding getting faster there if the market trend continues and crypto asset prices keep climbing higher.
While waiting, focusing on our recovery trades with perpetual futures
Current Long Perpetual Futures (USDT Settled)
- 0.02 BTC – Break-even: $122,178 | Short strike: $102,000
- 2 ETH – Break-even: $3,378 | Short strike: $2,450
- 5 SOL – Break-even: $179.63 | Short strike: $160
We sell weekly options every Friday, which is why this update is published at the end of the week. This week we had to roll up both BTC and ETH, but we managed to roll down SOL.
Additionally, we did took some additional risk in the portfolio, opening the so called synthetic covered call, where we are looking to earn about 300-400 USD in the next 2 months. You can learn more about this trade here: How to Sell a Synthetic Covered Call on ETH
In total we earned $69.15 in premiums this week — a small but meaningful addition.
TerraM Token Update
The TerraM token remains stable at $2.60, with little price movement in recent weeks. We're focused on improving liquidity, but no major buybacks or liquidity increases are planned until the fund reaches at least $8,000 in value.
Staking Initiative Coming Soon for TerraM Token Holders
We’re excited to announce that we are exploring the launch of a staking program designed to reward loyal TerraM holders. The proposed initiative aims to offer a 4% annual return to users who stake their TerraM tokens.
While we are still finalizing the technical implementation, the most likely platform for deployment will be Raydium’s Automated Market Maker (AMM) infrastructure on Solana. This would allow us to integrate seamlessly with existing DeFi protocols and provide a reliable staking experience.
More details will follow soon. Stay tuned for updates and get ready to put your TerraM tokens to work!
This update is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
Episode 91 / Crypto Fund Climbs to $6,283, Surging +6.02% This Week
| 63 seen
As of May 16, 2025, the Terramatris crypto hedge fund value stands at $6,283, reflecting another weekly increase of +6.02% or +$356 in dollar terms. Nice. The boost comes from strong gains in crypto prices and expired options premiums today.
Though we are still -19.59% below our all-time high of $7,811 (recorded on March 6, 2025), while the fund's year-to-date performance is +10.63%.
We’re continuing our strategy to gradually unwind underperforming positions, aiming to buy back a bit each month. The goal is to eventually close or break even on them. In the meantime, we're selling options each week to generate premium income and support the fund.
Current Long Perpetual Futures (USDC Settled)
- 0.02 BTC – Break-even: $120,470 | Short strike: $100,000
- 2 ETH – Break-even: $3,350 | Short strike: $2,350
- 5 SOL – Break-even: $181.56 | Short strike: $161
We sell weekly options every Friday, which is why this update is published at the end of the week. This week we had to roll up both BTC and ETH, but we managed to roll down SOL.
In total we earned $70.65 in premiums this week — a small but meaningful addition.
TerraM Token Update
The TerraM token remains stable at $2.60, with little price movement in recent weeks. We're focused on improving liquidity, but no major buybacks or liquidity increases are planned until the fund reaches at least $8,000 in 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 90 / Crypto Fund Surges 15.92% Weekly
| 40 seen
As of May 9, 2025, the Terramatris crypto hedge fund value stands at $5,926, reflecting a weekly increase of 15.92% or +814.15 in dollar terms. Nice. The boost comes from strong gains in crypto prices and expired options premiums today.
Although we are still -24.16% below our all-time high of $7,811 (recorded on March 6, 2025), while the fund's year-to-date performance is +4.35%.
We’re continuing our strategy to gradually unwind underperforming positions, aiming to buy back a bit each month. The goal is to eventually close or break even on them. In the meantime, we're selling options each week to generate premium income and support the fund.
Current Long Perpetual Futures (USDC Settled)
- 0.02 BTC – Break-even: $119,044 | Short strike: $98,000
- 2 ETH – Break-even: $3,178.77 | Short strike: $2,200
- 5 SOL – Break-even: $188.1 | Short strike: $165
We sell weekly options every Friday, which is why this update is published at the end of the week. With markets rebounding (Bitcoin is trading around $103,000), we had to roll up strike prices significantly today.
We earned $95.14 in premiums this week — a small but meaningful addition.
TerraM Token Update
The TerraM token remains stable at $2.60, with little price movement in recent weeks. We're focused on improving liquidity, but no major buybacks or liquidity increases are planned until the fund reaches at least $8,000 in 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 89 / ETH Buybacks & $95 in Weekly Premiums Earned
| 53 seen
As of May 2, 2025, the fund's value stands at $5,122, reflecting a small weekly decrease of 0.5% or -$25. Despite this dip, it was actually a strong week for us — the drop is primarily due to repaying $276 in debt, not poor performance.
We are still -34.58% below our all-time high of $7,811 (recorded on March 6, 2025), while the fund's year-to-date performance is -9.98%.
Portfolio Activity
This week, we bought back 0.1 ETH from our perpetual futures and converted it into spot holdings. Our spot ETH now totals 1.94, while our ETH perpetual position is down to 2.
We’re continuing our strategy to gradually unwind underperforming positions, aiming to buy back a bit each month. The goal is to eventually close or break even on them. In the meantime, we're selling options each week to generate premium income and support the fund.
Current Long Perpetual Futures (USDC Settled)
- 0.02 BTC – Break-even: $115,490 | Short strike: $94,000
- 2 ETH – Break-even: $2,761 | Short strike: $1,750
- 5 SOL – Break-even: $170.85 | Short strike: $144
We sell weekly options every Friday, which is why this update is published at the end of the week. With markets rebounding (Bitcoin is trading around $96,000), we had to roll up strike prices significantly today.
We earned $95.70 in premiums this week — a small but meaningful addition.
No new funds were added this week, and liquidity remains a top priority.
TerraM Token Update
The TerraM token remains stable at $2.60, with little price movement in recent weeks. We're focused on improving liquidity, but no major buybacks or liquidity increases are planned until the fund reaches at least $8,000 in 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 88 / Crypto Fund Surges 15.1% Weekly with Options Roll & Market Rally
| 99 seen
As of April 25, 2025, the fund’s value has increased to $5,138 marking another significant +15.1% week-over-week increase, equivalent to a +$673 increase in dollar terms. Despite increase, we still stand -34.25% below our all-time high of $7,811, recorded on March 6, 2025. While our YTD value has dropped to -9.53%
This week’s growth has come from both the broader market bounce and our weekly options trades. In addition, we rolled forward our monthly call options today.
Current positions in long perpetual futures (settled in USDC):
- 0.02 BTC (break-even: $110,590)| strike $88,000 (short)
- 2.1 ETH (break-even: $2,690) | strike $1650 (short)
- 5 SOL (break-even: $163.93) | strike $134 (short)
Over the past several weeks (and months), we've been generating options premium primarily through trade adjustments rather than initiating new positions. Despite the challenging circumstances and the underperformance of our existing holdings, we still managed to collect $139.29 in premium this week from these ongoing adjustments—a modest but meaningful contribution under the circumstances.
No new capital has been injected into the fund, and liquidity remains a top priority.
TerraM Token Update
There haven't been much movement with TerraM token in the last weeks and the token price has kept stable at $2.60.
We are committed to improving liquidity for TerraM, but given current market conditions, we do not anticipate a significant liquidity increase or another buyback until the total fund value reaches $8,000.
This update is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
Episode 87 / Fund Grows +6.62% This Week, Value Reaches $4,464
| 46 seen
As of April 18, 2025, the fund’s value has increased to $4,464, marking a +6.62% week-over-week increase, equivalent to a +$277 increase in dollar terms. Despite increase, we still stand -42.87% below our all-time high of $7,811, recorded on March 6, 2025. While our YTD value has dropped to -21.40%
Current positions in long perpetual futures (settled in USDC):
- 0.02 BTC (break-even: $105,976) lowered by -$601 | strike $85,000 / $78,000 (short)
- 2.1 ETH (break-even: $2,570) lowered by -$19| strike $1500 (short)
- 5 SOL (break-even: $159.06) increase by +$5.75 | strike $134 (short)
Over the past several weeks (and even months), we've been generating options premium primarily through trade adjustments rather than initiating new positions. Despite the challenging circumstances and the underperformance of our existing holdings, we still managed to collect $85.33 in premium this week from these ongoing adjustments—a modest but meaningful contribution under the circumstances.
No new capital has been injected into the fund, and liquidity remains a top priority.
TerraM Token Update
The TerraM token continues to demonstrate resilience, outperforming much of the broader crypto market, but thats mostly attributed that there are just a few TerraM token holders and seems most are interested in long term growth, which is great!
- Current TerraM Price: $2.60 (unchanged week-over-week)
We are committed to improving liquidity for TerraM, but given current market conditions, we do not anticipate a significant liquidity increase or another buyback until the total fund value reaches $8,000.
This update is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.