Skip to main content

Deploy Finance vs Toros and dHEDGE: pooled managed vaults or an agent in your own wallet?

dHEDGE, Toros, and Deploy Finance all let you hand a strategy to someone else without handing them your keys. dHEDGE is a protocol where managers run pooled vaults and depositors hold vault tokens. Toros builds automated products on dHEDGE, including leveraged tokens and market-neutral yield vaults. Deploy runs curated agents that trade from a wallet only you control.

The overlap is delegated strategy execution with no custodian. The asymmetry is where your capital sits: in a shared vault contract that a manager or automated strategy directs, or in your own wallet under a revocable trading permission.

Compare Toros and dHEDGE with Deploy Finance​

dHEDGE and TorosDeploy Finance
Product modeldHEDGE: manager-run pooled vaults. Toros: automated vault tokens built on dHEDGECurated autonomous agents that trade from a self-custodial wallet
User actionDeposit into a vault, receive a vault token, hold itFund a wallet, select an agent and allocation, approve scoped trading access
Who defines the strategyA dHEDGE manager, or Toros's automated logic for its productsDeploy; the agent executes one defined mandate
Where funds sitPooled in the vault contract with every other depositorHeld individually in your own wallet; never pooled
Closest overlapToros's market-neutral yield vaults, which pair an asset with a hedgeIncome: Funding Rates, which holds a hedged position and collects funding
FeesManager, performance, and entry or exit fees set per vaultNo subscription and no fee on deposits; gas and exchange trade fees still apply
ExitWithdraw from the vault after its cooldown, which defaults to 24 hours from your last deposit; you receive the underlying assets or a swap of themNo fixed lock-up documented; revoke access, exit the strategy, withdraw to your own address
Best fitUsers who want a transferable vault token, a choice of managers, or leveraged productsUsers who want a defined strategy run from their own wallet with no pooling

What are dHEDGE and Toros?​

dHEDGE is an asset-management protocol. A manager creates a vault, sets which assets and integrations it may use, and trades the pooled deposits. Depositors receive an ERC-20 vault token that tracks their share. The manager cannot withdraw depositors' funds; they can only trade within the vault's whitelisted set.

Toros Finance builds on dHEDGE. Instead of a human manager, Toros products run automated strategies: leveraged long and short tokens on majors, and yield vaults, including market-neutral ones that hold an asset and hedge it to earn from the spread.

How dHEDGE and Toros vaults work​

  • You deposit a supported asset and receive a vault token. Your exposure is a share of the vault's whole book, including positions opened before you arrived.
  • On dHEDGE, the manager's judgment is the strategy. On Toros, the strategy is coded and rebalances automatically.
  • Vaults charge fees set by the manager or by Toros: typically a management fee, a performance fee on gains, and sometimes an entry or exit fee.
  • Withdrawals are subject to a cooldown, which defaults to 24 hours after your most recent deposit. You receive a proportional slice of the vault's assets, or a swap of them into a single asset where the vault supports it.
  • Vault tokens are transferable. You can hold them in any wallet or use them elsewhere in DeFi.
  • Managers and Toros can change a vault's parameters within the protocol's rules, so the strategy you deposited into can drift from the one you evaluated.

The custody model is non-custodial in the sense that no one can take your share. The capital itself is pooled, and the manager or the code directs it.

Deploy Finance: one mandate, your wallet, no pool​

Deploy Finance runs autonomous trading agents funded and settled in USDC, held per user rather than pooled. The live agents are Income: Funding Rates and Superstar.

Deploy Finance's live features​

  • Income: Funding Rates: a market-neutral agent that holds a delta-neutral position, long the asset and short its perpetual on Hyperliquid, and collects funding. The agent manages the hedge autonomously.
  • Superstar: a directional agent that takes long or short positions on large-cap perpetuals under its defined strategy.
  • Self-custodial agent wallet: your USDC stays in a wallet you control. The agent receives a scoped, revocable session key that can trade on whitelisted venues and cannot transfer or withdraw funds.

A Toros market-neutral vault and Income: Funding Rates pursue similar exposure. The difference is that a vault's result is the pooled book, and yours is a position the agent opens and manages for your allocation alone. There is no share price, no vault token, and no cooldown between you and your USDC.

Toros's leveraged tokens and dHEDGE's discretionary managers have no Deploy equivalent. Superstar is directional, and it is one defined strategy rather than a marketplace of managers.

You sign in with email or Google, fund the wallet with USDC, choose an agent, and approve the trading permission.

When should you choose Deploy Finance or Toros and dHEDGE?​

Choose Deploy Finance when:

  • You want your capital individually held rather than pooled in a vault contract.
  • You want a market-neutral funding strategy with no management or performance fee on your deposit.
  • You want to exit or revoke without a cooldown.
  • You want the strategy fixed rather than subject to a manager's ongoing discretion.

Choose Toros or dHEDGE when:

  • You want a transferable vault token you can hold or use elsewhere.
  • You want leveraged long or short tokens, or a market-neutral vault on a chain Deploy does not run on.
  • You want to pick among managers on dHEDGE and back a specific track record.
  • You accept pooled exposure, vault fees, and a withdrawal cooldown in exchange for that choice.

Pooled vault or individual wallet: dHEDGE and Toros direct pooled capital under a manager or coded strategy, and you hold a share token. Deploy Finance runs a defined strategy inside your own wallet. No integration between the products is implied.

Risks on each side​

dHEDGE and Toros expose you to manager or strategy risk, to losses socialized across the vault's book, to smart-contract risk in the vault and its integrations, to fees that reduce net return, to parameter changes after you deposit, and to the withdrawal cooldown under stress.

Deploy Finance exposes you to funding compression or reversal, hedge slippage, liquidation risk on the perpetual leg, Hyperliquid venue risk, wallet-infrastructure risk, and delegated-execution risk. A delta-neutral objective reduces directional exposure; it does not remove any of these.

Two ways to use Deploy Finance​

Income: Funding Rates

Choose this agent if a market-neutral yield vault interests you but pooling, vault fees, and a cooldown do not.

Superstar

Choose this agent for a defined directional strategy held alone rather than a manager's discretionary book.

Learn more​

Start with Deploy Finance​

Create a self-custodial Deploy Finance wallet and review the live agents.