Chamber's superpower

We saw a big demand and development of delta-neutral USD-notioned DeFi strategies: started with Alpaca.finance automated leveraged vaults and Robovault' strategies and now led to blossoming GMX ecosystem with hedged GLP vaults.

Comparing with existing protocols, UniV3 + Aave strategy stands out with its capital efficiency: having short exposure with borrowing or perpetual trading forces us to have part of invested funds frozen as collateral with LTV < 100% or kept as margin requirement. Increasing liquidity concentration in UniV3 works as "leverage" provided liquidity and outweights idle collateral funds: tightening range we can get any needed exposure to trading fees and IL, while collateral earns additional yield as lending interest.