The traditional hedge fund model has ridiculously high barriers to entry—you need $10 million just to get in, they charge you a 2% management fee plus a 20% performance fee, your funds are locked for a year, and ordinary people don’t even have the right to take a look.

Now there’s a project that’s breaking down that wall. Lorenzo Protocol has launched an on-chain trading fund, (OTF), which basically means they’re putting top Wall Street quant team strategies into smart contracts and packaging them as ERC-20 tokens anyone can buy. With just $100, you can access volatility arbitrage strategies that used to be reserved for multimillionaires.

Here are the vault products they’re running now:

- Market-neutral quant strategy—annualized returns of 15-25%, with Sharpe ratios over 2.5
- BTC/ETH managed futures—CTA trend-following strategies
- Options volatility premium capture strategies
- Structured dual-currency yield products

The key is, this data isn’t just a pie in the sky on a PPT. All strategy performance is posted on-chain, with real-time visibility into fund allocation and position adjustments. Management fees are slashed to 0.5%-1%, and all performance fees go straight to veBANK holders’ wallets.

This isn’t just bringing traditional finance on-chain—it’s completely rewriting the hedge fund rulebook. What used to be accessible only to “qualified investors” is now open to everyone.