DAMMbtc
DAMM Bitcoin Fund. A BTC-denominated fund built for long-term BTC accumulation. It deploys WBTC into rule-based, market-neutral strategies on Ethereum, and keeps BTC as the unit of account.
DAMMbtc is live, and new subscriptions are capped. They are handled by request. Email [email protected] to ask for access, and see the DAMMbtc access guide.
Objective
- BTC-native income. Returns are earned and measured in BTC. Track the fund by its share price in BTC, not its USD value.
- Rule-based, market-neutral execution. Concentrated-liquidity market making between WBTC and liquid BTC-pegged tokens. No leverage, and no directional exposure beyond BTC itself.
- Mandate enforced onchain. Onchain permission policies (Zodiac Roles) limit where the fund can allocate. Capital can only flow into the pre-approved strategy set.
- Fees charged once. The fund allocates into DAMM's BTC execution vehicle, which charges no fees of its own. You pay fees only at the DAMMbtc level.
BTC is not native to Ethereum. DAMMbtc holds BTC through wrapped tokens (such as WBTC and tBTC). That adds risk that ETH or USD funds don't carry, including custodian or bridge failure and depegs.
Strategy
DAMMbtc currently allocates to the DAMM BTC Algo Fund. That fund runs rule-based concentrated liquidity between WBTC and tBTC on Uniswap (Ethereum mainnet), earning trading fees on the flow between them. Each liquidity position runs in its own isolated execution account.
As the fund grows, the mandate is designed to add carry trades against highly liquid, conservative assets on blue-chip protocols.
All yield is generated onchain and the assets stay self-custodied at all times, so anyone can audit them.
Track record
The fund's first NAV settlement was on 4 August 2026. Its history is still short. Regression-based statistics such as beta, correlation and Sharpe ratio are withheld until there is enough data to support them ("insufficient history"). The DAMMbtc factsheet shows the latest settled figures.
Terms and fees
| Term | Value |
|---|---|
| Asset | WBTC (8 decimals) |
| Structure | Async tokenized vault (ERC-7540) on Lagoon, with Safe smart accounts under Zodiac Roles policies |
| Subscriptions | Capped, by request |
| Redemptions | Request-based, settled at NAV |
| Management fee | 0% |
| Performance fee | 15%, above a high-water mark |
| Entry and exit fees | None |
| Access | Private: approved addresses only. Email [email protected] first |
The live fee settings are always readable onchain and through the Lagoon API (managementFee and performanceFee, in basis points).
How to get access
- Email [email protected] to request access.
- Read the DAMMbtc access guide for what happens next.
Your position. Connect your wallet on the fund's Lagoon page to see your shares, their value and any pending requests.
Fund data and integrations
Everything the fund does is public and can be queried without an API key: share price, TVL, fees, APRs and the full transaction history. It is all served by Lagoon's GraphQL API, pinned to the vault address and chain above.
- DAMMbtc API guide. Copy-paste queries for this fund. The history is still short.
- Integrations overview. Endpoint, conventions and response shapes shared by all DAMM funds.
- Lagoon documentation. The vault layer itself: deposit and redemption flows, valuation, fees and roles.