Bastion Trading: a fixed yield Credit Vault
A fixed-rate pool, channeling funds into derivatives and market-making yield strategies
Expanding credit marketplace
Following the successful launch of the Credit Vault in partnership with Fasanara Digital, Idle continues to expand its credit offerings by onboarding Bastion Trading as a borrower.
Private credit has been one of the fastest-growing segments of the financial system over the past 15 years. The asset class, as commonly measured, totaled nearly $2 trillion by the end of 2023, roughly ten times larger than it did in 2009. The next era of private credit — McKinsey
The new Credit Vaults target market demand by bringing private credit on-chain, unlocking scalability, transparency, and efficiency through blockchain. These innovations reduce settlement costs, automate processes, and pave the way for TradFi and DeFi synergies.
Founded in 2014 by a team of seasoned investment banking traders, Bastion Trading has been at the forefront of cryptocurrency trading since 2017 across various CEX and DEX platforms, both as a proprietary trader and as a market maker. Bastion acts as a liquidity provider to the crypto markets on both CeFi and DeFi platforms.
“We are pleased to partner with Idle, bringing tailored financing and institutional lending to DeFi. Our strategies focus on derivatives, spot, and options market making, delivering steady, risk-adjusted returns with robust downside protection for investors.” Yama Zhang, VP of Partnerships, Bastion Trading
The Bastion Trading Vault operates as an evergreen, fixed-rate loan, channeling funds into the Hong Kong-based fund’s yield strategies. These include market-neutral arbitrage, options market-making in CeFi markets, option hedging, passive AMM, and Yield Farming in DeFi ones. Interest is distributed monthly to liquidity providers, with the option for monthly redemptions.
The vault offers a fixed lending rate, updated monthly, ensuring predictability for liquidity providers while reducing operational overhead for borrowers. Unlike traditional lending models, Credit Vaults guarantee 100% fund utilization during each cycle, aligning the interests of both liquidity providers and borrowers.
This permissioned vault leverages Keyring’s privacy-preserving KYC, seamlessly aligning institutional compliance requirements with DeFi’s permissionless infrastructure.
Arbitrum rewards program
The vault is available on Arbitrum and comes with a dedicated reward campaign, airdropping ARB tokens to liquidity providers at the end of every cycle.
One more thing: Pareto
With the second Credit Vault released, Idle is proud to introduce Pareto, a dedicated product suite for Credit Vaults. This new identity is tailored to meet the needs of institutional borrowers and HNWI liquidity providers. By focusing on permissioned and KYC-compliant lending solutions, Pareto delivers a seamless and secure gateway to on-chain private credit. Meanwhile, the existing Idle brand will continue to serve as the home for permissionless DeFi products, ensuring distinct identities for two complementary offerings.
Together under the Idle DAO umbrella, these platforms solidify the mission to bridge TradFi and DeFi with innovative, user-focused solutions.
- Permissionless DeFi product: idle.finance
- Permissioned Credit product: pareto.idle.finance
TradFi and on-chain synergies
Credit Vaults are solidifying their role as the infrastructure for bringing on-chain OTC credit deals. By democratizing access to credit facilities, Pareto is driving the expansion of private yield opportunities in DeFi.
Ready to unlock double-digit returns on stablecoin lending? Be among the first to deposit into the Bastion Trading Credit Vault and start earning fixed yields today.
Visit the Credit App to start → credit.idle.finance/#/credit
About Idle
Idle is a DAO that empowers the DeFi market with robust yield automation and hedging instruments, facilitating its expansion and establishing the foundation for a sustainable credit financial ecosystem via a more efficient and risk-adjusted capital allocation.
Pareto is the new credit infrastructure product focusing on onboarding traditional finance institutions in lending activities on-chain.
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About Bastion Trading
Founded in Hong Kong in 2014, Bastion Trading has been trading cryptocurrencies since 2017 across various CEX and DEX platforms, both as a proprietary trader and as a market maker. It specializes in derivatives trading, market making in spots and options, machine learning & data-driven systematic strategies, as well as actively engaging in DeFi and treasury management.
The company is based primarily out of the Asia Pacific region with more than 50 professionals, including traders, programmers, operation specialists, and business development executives.
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