Cardinal Product Charting Tool
Cardinal Docs
Product
Negative Rate Hedge Perp
Negative-Rate Hedge Calculator
Carry Perpetual
V2 Demo [Untested]
LP Returns
Market
sUSDe loop (USD)
wstETH loop (ETH)
Coverage Leverage
Chart Window
Full history
Last 180d
Last 90d
Position Performance Comparison
Position Performance Stats
Variant
Total return
Annualized
Max drawdown
DD duration
Hedge cost
Fees
Negative-Rate Hedge Position Calculator
Principal (USD)
Loops:
5
≈
3.05×
loop leverage
· notional
$30.5M
Leverage:
1×
-
10%
of Matched LP Yield
Negative-rate event: occurs on day
120
Scenario
Average event
rsETH 2026
Catastrophe (hypothetical)
Carry Perpetual
Liquidation Probability Distribution
Fees
§9 UX preset
Dip insurance
Yield stabilization
Carry spec. (up)
Carry spec. (down)
Tail crash
Tail rally
Set up your position
Product preset
Hedge
Long Carry
Short Carry
Fixed Rate
Farm this much (notional, $)
Premium runway (margin, $)
Strike K
(
0.00%
APR)
Your money over time
Margin balance (depleting from premium) + cumulative payouts (during Active periods) = total value.
Farming in the Money
What's happening
LP Underwriter Returns
Products in pool
Loop Yield
Negative Rate Hedge Perp
Carry Perpetual
Cumulative Historical LP Returns
Product
Worst case
Historical
Optimistic
Range
10% of profits goes to the Protocol.