Guilhem P

DeFi, Delta-neutral & funding rate strategies | Building @alphashellio | Ex-Ledger, ex-MEV Capital | PnL & automation

[Guilhem P @_guilhemp]

I'm a founder building in public on a DeFi project : @alphashellio.

I’m all about full transparency : sharing progress, struggles, decisions, and metrics in real time.

Looking to connect with:
- Other founders who build in public and support each other,
- DeFi power users who love testing new projects, giving raw feedback, and following the journey

If you’re building in public or my project resonates with you, let’s connect! 🔥

RTs appreciated to grow the circle.
#DeFi #BuildInPublic #Web3

[Guilhem P @_guilhemp]

New in the @alphashellio dashboard: delta-neutral position monitoring.

It checks your delta is actually flat (Δ 0.00%) and shows funding in real-time, live APR and $/day.

[AlphaShell @alphashellio]

Even in a market this red, the funding arbitrage out there is staggering.

You can still earn double-digit yield while staying fully on-chain : no external NAV, no off-chain positions. Just your portfolio auditable in real time.

Keep your keys. Stay market-neutral. Keep farming perp DEX incentives.
That's the DeFi we are building at AlphaShell.

Backtest: TRUMP funding arbitraged between Hyperliquid and Extended, Mar–Jun. ~17%, market-neutral, fully on-chain.

[Guilhem P @_guilhemp]

Just built Backtest on @alphashellio 👀

You can now :
- Pick any delta-neutral pair
- Set your entry price + leverage
- Simulate the potential returns while farming on perp DEXes

Super handy to test strategies on real data before actually deploying capital.

What do you think? Any feedback?

#DeFi #PerpDEX #buildinpublic #FundingRate

[Guilhem P @_guilhemp]

Now @alphashellio calculates a Sharpe-like score that highlights opportunities with consistent historical yields and low drawdowns, not just the loudest funding rates.

Here’s the current view, sorted by 30d annualized score:

Dashboard public soon

[Guilhem P @_guilhemp]

@ChauPhu999 @alphashellio Thanks for the kind words!

We don’t have a fixed date yet, but the dashboard is approaching fast.

Join the waitlist if you’d like early access to the monitoring + backtesting features.

[Guilhem P @_guilhemp]

📊 A new view in @alphashellio : Funding Spread History

LTC example → long hyena/LTC vs short hl/LTC

We now calculate the Sharpe ratio to automatically detect the most interesting pairs : the ones where the spread stays consistent over time with the best risk-adjusted profile.

The annualized spread shows it clearly: the most interesting opportunities appear when the spread stays consistent over time.

Current: 28.58%
Mean: 56.10%
Max: 165.51%

Perfect for spotting real basis trade setups.

#FundingRates #BasisTrade #PerpDEX #LTC #deltaneutral

[Guilhem P @_guilhemp]

Thank you !
Yes, we plan to integrate multiple perp DEXes in order to cover as many pairs as possible.
We'll be launching a monitoring dashboard first, so users can easily track opportunities in real time and run backtests.
Our ultimate goal remains to let users automatically enter positions and have them rebalanced automatically when needed.

[Guilhem P @_guilhemp]

Yes exactly, we already calculate a Sharpe ratio on the spread, so volatility is already factored in.

For drawdowns, the next step is to let users easily filter for spreads that have a clean history with no (or very limited) drawdowns. That way you can find consistent opportunities without hidden surprises in the past.

That’s the direction we’re going.

[Guilhem P @_guilhemp]

@sarowar023 Still worth it to start now imo

[Guilhem P @_guilhemp]

Variational is one of the strongest airdrop plays in DeFi right now

- 50% of supply allocated to community
- $200B+ cumulative volume and ~$1B OI (#4 perp DEX globally)
- Active weekly points program until Q3 2026
- $50M Series A led by Dragonfly Capital (Coinbase Ventures, Bain Capital Crypto, Sequoia participating)

This is exactly why we're integrating it into @alphashellio right now : to farm points while earning yield with delta-neutral positions.
#Airdrop #DeFi

[Guilhem P @_guilhemp]

@pronoy Are you working on it ?

[Guilhem P @_guilhemp]

https://t.co/WCfaCQpVYA

[Guilhem P @_guilhemp]

@0xGozie @alphashellio Working on it! Whitepaper is with the team for final review. I'll post it here as soon as it's ready.

[Guilhem P @_guilhemp]

I'm a founder building in public on a DeFi project : @alphashellio.

I’m all about full transparency : sharing progress, struggles, decisions, and metrics in real time.

Looking to connect with:
- Other founders who build in public and support each other,
- DeFi power users who love testing new projects, giving raw feedback, and following the journey

If you’re building in public or my project resonates with you, let’s connect! 🔥

RTs appreciated to grow the circle.
#DeFi #BuildInPublic #Web3

[Guilhem P @_guilhemp]

@sandeepnailwal Polygon PoS is quietly one of the most used chains:
→ 9.81M txns in 24h
→ 827K daily active addresses
→ $3.38B in stablecoins
Real money moving every day at sub-cent fees.

[Guilhem P @_guilhemp]

Je suis d'accord assouplir MiCA pour éviter la dollarisation numérique. Mais le dollar numérique domine parce que l'USD est la monnaie de réserve mondiale + que toute la liquidité DeFi est déjà là. Le but n'est pas non plus d'importer les défauts US (Terra, runs, etc.) sans leurs avantages.

[Guilhem P @_guilhemp]

@andyyy While most stay sidelined, a few actors are already taking what matters.
The crowd will follow later.

[Guilhem P @_guilhemp]

@andyyy Revenue at the core, scaling with actual usage, proper utility token, and value accrual to the token, that's the model that survives and compounds.

[Guilhem P @_guilhemp]

@ryu_path What is your project status ?