Universal Private Rebalance
Institutional-grade rebalancing and position management software for UPD Stabilizers. Proprietary. Licensed.
Proprietary Software
UPR is not an open-source SDK. It is proprietary software licensed to qualified businesses. There is no npm package. Contact us to discuss licensing.
What UPR Does
The UPD stablecoin is backed by overcollateralized stETH positions managed by Stabilizers. These entities deposit collateral on-chain, then hedge their stETH exposure with short perpetual futures to create a delta-neutral position — earning funding fees as yield.
Running a Stabilizer is operationally demanding:
- Perpetual futures positions must be monitored and rebalanced across exchanges, 24/7
- Collateral ratios must stay above liquidation thresholds at all times
- Funding fee income must be optimized across venues and market conditions
- The FIFO/LIFO queue position affects how much capital is actively deployed
UPR automates all of this. It is a complete position management system — built by quantitative engineers — that handles hedge execution, collateral monitoring, rebalancing, and risk management autonomously.
Stabilizer Economics
| Component | Value | Notes |
|---|---|---|
| Funding fee base | ~8% annualized | Average across market conditions |
| Leverage | ~3x | UPD overcollateralization ratio |
| Target Stabilizer yield | 20–35% APY | After fees, before risk |
How it works: Stabilizers receive the long side of the trade for free when users mint UPD by depositing ETH. They then open short perpetual futures, creating a delta-neutral position. Longs pay shorts via funding fees — the primary yield source. With ~3x leverage on the collateral position, the base funding rate is amplified.
Risks managed by UPR:
- Funding fee reversal (shorts pay longs during unusual market conditions)
- stETH depeg relative to ETH
- Exchange counterparty risk (mitigated by multi-venue hedging)
- Collateral ratio drift toward liquidation thresholds
Who It's For
| Audience | Why UPR |
|---|---|
| Institutional market makers | Yield on stETH collateral without building bespoke rebalancing infrastructure |
| Crypto hedge funds | Delta-neutral yield strategies at scale, fully automated |
| Family offices | Stable dollar-denominated returns without active trading |
| Trading desks | Automated position management and funding fee capture across venues |
Licensing
UPR is sublicensed to qualified businesses. Licensing includes:
- Deployment and integration support
- Ongoing software updates and strategy refinements
- Access to the quantitative engineering team for customization
Contact us to discuss terms.