Bitget, Reality and Keyring model tokenized-stock basis index at 7% annualized
- —Funding premium before costs estimated at 11–14% annualized
- —Costs: 0.20% per rebalance, 0.40% round trip, 6% annual leverage funding
- —rToken loan LTV set at 50%, futures leverage 8–20x, about 25% of capital held in cash
- —Sharpe about 6 in-sample and above 9 out-of-sample, max drawdown near 60 bp
Why it matters: The design links tokenized equities to DeFi lending and futures, but negative funding or higher costs can turn returns into losses.
Source: TokenPost