every hedge is a position.
each structure below is described the way a risk desk would describe it: what it protects, what it costs, and what remains uncovered. none of them guarantee protection.
protect a pons position
Hold the Pons asset and open an offsetting short of equal notional so the position keeps its economics while directional risk is reduced.
open strategy →hedge stock-token exposure
Offset tokenized equity exposure while equity markets are closed or while you cannot sell the underlying position.
open strategy →reduce crypto beta
Shrink shared market beta across the crypto sleeve using a single short rather than hedging each asset separately.
open strategy →offset a concentrated holding
When one name dominates the portfolio, a partial short reduces idiosyncratic drawdown without forcing a sale.
open strategy →construct a market-neutral pair
Keep the long leg, short a correlated instrument, and isolate relative performance rather than direction.
open strategy →protect against a selected downside threshold
Define the drawdown you are unwilling to accept, and size the hedge against the exposure below that level.
open strategy →build a custom hedge
Select assets, instruments and coverage manually when the automatic construction does not match your intent.
open strategy →