Strategies

LP strategies tested by Envelop Think Tank

Envelop Think Tank is a factory of AI agents that searches for concentrated-liquidity strategies on Uniswap v4 pools and tries to break them. A strategy is first backtested on history it was not tuned on; one that survives goes to paper — 30 days of a simulated position run against the live pool, with real prices, real fees and the cost of every rebalance. Only then is it released.

Every figure here is net of costs — gas, slippage and the exit — and before unisafe's share of earned fees. Fee APR is the fees of the paper days, annualised; before day 7 it is marked early.

Not a promise. Past and paper returns do not guarantee future ones. The factory does not trade and does not hold or manage your funds — your Manager, and whoever you let operate it, does.

Network

WBTC/USDC0.3%

Ethereum · Volatile

BTC volatility range at 3 sigma, recenter after an hour out

108.8%

Fee APR · paperearly

73,928In range · 75,63587,977

WBTC/USDC0.3%

Ethereum · Volatile

Paper · day 5 of 30

BTC volatility range at 3 sigma, recenter after an hour out

Range ±3σ of the 24 h move, 6% to 50% wide · out of range for 1 h → recenter around the price · no stop-loss

108.8%

Fee APR · paperearly

Return −1.84%

HODL −1.30%

73,928In range · 75,63587,977

Playbook and metrics ▾Hide ▴

Paper, net of costs

Max drawdown6.87%

Time in range96.8%

Rebalances1

Fees earned+1.63%

Impermanent loss−1.86%

Backtest · 45 days held out

Expected return · 30d+3.19%

HODL+3.18%

Windows beating HODL100%

Worst drawdown1.80%

At start. Open one position in WBTC/USDC 0.30% on Ethereum. Range width comes from volatility: ±3σ of the expected 24 h price move (σ from hourly pool prices over the last 24 h), never narrower than −3% … +3% and never wider than 50% in total. Centered on the pool price at entry. Both tokens go in, in the ratio the range needs; the missing part is swapped at entry. 5% of the capital stays outside the position as a reserve.
Price is inside the range. Do nothing. The position earns swap fees; they stay in the position and are not reinvested.
Price stays outside the range for 1 h. Close the position and reopen it around the current price with the same width rule (σ recomputed). Costs gas and a swap. Not more often than once per 6 h.
Chainlink price feed of either token is stale or missing. Make no changes until the feed is fresh again.
End of the 30d horizon. Remove the liquidity and keep both tokens as they are, without a swap.
Never. Sell because the price falls (there is no stop-loss); move liquidity to another pool.

Full card in the Envelop Think Tank catalogue →Open the strategy →

ETH/USDC0.05%

Base · Volatile

Volatility range on a 5 bps pool, wider when volatility spikes

102.2%

Fee APR · paperearly

2,092In range · 2,2302,827

ETH/USDC0.05%

Base · Volatile

Paper · day 4 of 7

Volatility range on a 5 bps pool, wider when volatility spikes

Range ±2σ of the 24 h move, 2% to 30% wide · out of range for 30 min → recenter around the price · no stop-loss

102.2%

Fee APR · paperearly

Return −3.51%

HODL −1.26%

2,092In range · 2,2302,827

Playbook and metrics ▾Hide ▴

Paper, net of costs

Max drawdown6.10%

Time in range86.3%

Rebalances1

Fees earned+1.24%

Impermanent loss−3.36%

Backtest · 36 days held out

Expected return · 7d−1.12%

HODL−1.74%

Windows beating HODL80%

Worst drawdown8.76%

At start. Open one position in ETH/USDC 0.05% on Base. Range width comes from volatility: ±2σ of the expected 24 h price move (σ from hourly pool prices over the last 24 h), never narrower than −0.99% … +1% and never wider than 30% in total. Centered on the pool price at entry. Both tokens go in, in the ratio the range needs; the missing part is swapped at entry.
Price is inside the range. Do nothing. The position earns swap fees; they stay in the position and are not reinvested.
Price stays outside the range for 30 min. Close the position and reopen it around the current price with the same width rule (σ recomputed). Costs gas and a swap. Not more often than once per hour.
Market regime indicator says “unstable” (score above the 80th percentile of the training period). Postpone any recenter for up to 12 h. If a recenter happens while unstable, the range is 2× as wide.
End of the 7d horizon. Remove the liquidity and keep both tokens as they are, without a swap.
Never. Sell because the price falls (there is no stop-loss); move liquidity to another pool.

Full card in the Envelop Think Tank catalogue →Open the strategy →

ETH/USDC0.3%

Ethereum · Volatile

Static wide range, never recenter

93.5%

Fee APR · paperearly

2,055In range · 2,2252,475

ETH/USDC0.3%

Ethereum · Volatile

Paper · day 3 of 7

Static wide range, never recenter

Range −8.6% … +9.4% of the entry price · fixed, never follows the price · out of range → notify the owner · no stop-loss

93.5%

Fee APR · paperearly

Return −0.47%

HODL −0.79%

2,055In range · 2,2252,475

Playbook and metrics ▾Hide ▴

Paper, net of costs

Max drawdown3.20%

Time in range100.0%

Rebalances0

Fees earned+0.84%

Impermanent loss−0.07%

Backtest · 45 days held out

Expected return · 7d−0.95%

HODL−1.26%

Windows beating HODL83%

Worst drawdown7.89%

At start. Open one position in ETH/USDC 0.30% on Ethereum with a fixed range 1,800 ticks wide: −8.6% … +9.4% from the pool price at entry. Both tokens go in, in the ratio the range needs; the missing part is swapped at entry.
Price is inside the range. Do nothing. The position earns swap fees; they stay in the position and are not reinvested.
Price stays outside the range for 168 h. Leave the range where it is — it does not follow the price. If ETH rises above the range, the position is all USDC; if it falls below, all ETH. It earns no fees until the price returns. Notify the owner.
Chainlink price feed of either token is stale or missing. Make no changes until the feed is fresh again.
Every 24 h. Review the position. Allowed action: hold, nothing else. Not modelled in the backtest.
End of the 7d horizon. Remove the liquidity and keep both tokens as they are, without a swap.
Never. Move the range after the price; sell because the price falls (there is no stop-loss); move liquidity to another pool.

Full card in the Envelop Think Tank catalogue →Open the strategy →

ETH/USDC0.3%

Base · Volatile

Static moderate range, no recenters

66.4%

Fee APR · paperearly

2,105In range · 2,2242,388

ETH/USDC0.3%

Base · Volatile

Paper · day 6 of 30

Static moderate range, no recenters

Range −5.8% … +6.2% of the entry price · fixed, never follows the price · out of range → notify the owner · no stop-loss

66.4%

Fee APR · paperearly

Return +0.70%

HODL −0.38%

2,105In range · 2,2242,388

Playbook and metrics ▾Hide ▴

Paper, net of costs

Max drawdown2.02%

Time in range85.3%

Rebalances0

Fees earned+1.17%

Impermanent loss−0.02%

Backtest · 45 days held out

Expected return · 30d+2.87%

HODL+0.94%

Windows beating HODL100%

Worst drawdown2.66%

At start. Open one position in ETH/USDC 0.30% on Base with a fixed range 1,200 ticks wide: −5.8% … +6.2% from the pool price at entry. Both tokens go in, in the ratio the range needs; the missing part is swapped at entry.
Price is inside the range. Do nothing. The position earns swap fees; they stay in the position and are not reinvested.
Price stays outside the range for 1 h. Leave the range where it is — it does not follow the price. If ETH rises above the range, the position is all USDC; if it falls below, all ETH. It earns no fees until the price returns. Notify the owner.
Every 24 h. Review the position. Allowed action: hold, nothing else. Not modelled in the backtest.
End of the 30d horizon. Remove the liquidity and keep both tokens as they are, without a swap.
Never. Move the range after the price; sell because the price falls (there is no stop-loss); move liquidity to another pool.

Full card in the Envelop Think Tank catalogue →Open the strategy →

WBTC/USDC0.3%

Unichain · Volatile

Wide volatility-sized range, recenter after an hour out

54.8%

Fee APR · paperearly

72,609In range · 75,63582,358

WBTC/USDC0.3%

Unichain · Volatile

Paper · day 6 of 30

Wide volatility-sized range, recenter after an hour out

Range ±3σ of the 24 h move, 12% to 40% wide · out of range for 1 h → recenter around the price · no stop-loss

54.8%

Fee APR · paperearly

Return −0.49%

HODL −1.04%

72,609In range · 75,63582,358

Playbook and metrics ▾Hide ▴

Paper, net of costs

Max drawdown2.83%

Time in range100.0%

Rebalances0

Fees earned+0.95%

Impermanent loss−0.17%

Backtest · 45 days held out

Expected return · 30d+4.65%

HODL+3.92%

Windows beating HODL100%

Worst drawdown2.36%

At start. Open one position in WBTC/USDC 0.30% on Unichain. Range width comes from volatility: ±3σ of the expected 24 h price move (σ from hourly pool prices over the last 24 h), never narrower than −5.8% … +6.2% and never wider than 40% in total. Centered on the pool price at entry. Both tokens go in, in the ratio the range needs; the missing part is swapped at entry.
Price is inside the range. Do nothing. The position earns swap fees; they stay in the position and are not reinvested.
Price stays outside the range for 1 h. Close the position and reopen it around the current price with the same width rule (σ recomputed). Costs gas and a swap. Not more often than once per 4 h.
Chainlink price feed of either token is stale or missing. Make no changes until the feed is fresh again. Notify the owner.
Every hour. Review the position. Allowed action: notify the owner, nothing else. Not modelled in the backtest.
End of the 30d horizon. Remove the liquidity and keep both tokens as they are, without a swap.
Never. Sell because the price falls (there is no stop-loss); move liquidity to another pool.

Full card in the Envelop Think Tank catalogue →Open the strategy →

ETH/USDC0.05%

Arbitrum · Volatile

ETH/USDC fee 500 wide ±1000 ticks (UniSafe Volatile default), recenter after 24h

49.9%

Fee APR · paperearly

2,028In range · 2,2302,480

ETH/USDC0.05%

Arbitrum · Volatile

Paper · day 6 of 30

ETH/USDC fee 500 wide ±1000 ticks (UniSafe Volatile default), recenter after 24h

Range −9.5% … +10.5% of the entry price · out of range for 24 h → recenter around the price · no stop-loss

49.9%

Fee APR · paperearly

Return +0.44%

HODL −0.29%

2,028In range · 2,2302,480

Playbook and metrics ▾Hide ▴

Paper, net of costs

Max drawdown3.10%

Time in range100.0%

Rebalances0

Fees earned+0.89%

Impermanent loss−0.01%

Backtest · 45 days held out

Expected return · 30d+4.58%

HODL+3.97%

At start. Open one position in ETH/USDC 0.05% on Arbitrum One with a fixed range 2,000 ticks wide: −9.5% … +10.5% from the pool price at entry. Both tokens go in, in the ratio the range needs; the missing part is swapped at entry.
Price is inside the range. Do nothing. The position earns swap fees; they stay in the position and are not reinvested.
Price stays outside the range for 24 h. Close the position and reopen it around the current price with the same width rule. Costs gas and a swap.
End of the 30d horizon. Remove the liquidity and keep both tokens as they are, without a swap.
Never. Sell because the price falls (there is no stop-loss); move liquidity to another pool.

Full card in the Envelop Think Tank catalogue →Open the strategy →

USDC/cbBTC0.05%

Base · Volatile

Static wide range, no recenter

36.9%

Fee APR · paperearly

70,604In range · 75,66486,321

USDC/cbBTC0.05%

Base · Volatile

Paper · day 5 of 7

Static wide range, no recenter

Range −9.5% … +10.5% of the entry price · fixed, never follows the price · out of range → notify the owner · no stop-loss

36.9%

Fee APR · paperearly

Return +1.79%

HODL +1.56%

70,604In range · 75,66486,321

Playbook and metrics ▾Hide ▴

Paper, net of costs

Max drawdown3.37%

Time in range100.0%

Rebalances0

Fees earned+0.54%

Impermanent loss−0.25%

Backtest · 36 days held out

Expected return · 7d+0.93%

HODL+0.91%

Windows beating HODL60%

Worst drawdown2.89%

At start. Open one position in USDC/cbBTC 0.05% on Base with a fixed range 2,000 ticks wide: −9.5% … +10.5% from the pool price at entry. Both tokens go in, in the ratio the range needs; the missing part is swapped at entry.
Price is inside the range. Do nothing. The position earns swap fees; they stay in the position and are not reinvested.
Price stays outside the range for 1 h. Leave the range where it is — it does not follow the price. If cbBTC rises above the range, the position is all USDC; if it falls below, all cbBTC. It earns no fees until the price returns. Notify the owner.
Chainlink price feed of either token is stale or missing. Make no changes until the feed is fresh again.
End of the 7d horizon. Remove the liquidity and keep both tokens as they are, without a swap.
Never. Move the range after the price; sell because the price falls (there is no stop-loss); move liquidity to another pool.

Full card in the Envelop Think Tank catalogue →Open the strategy →

Want to run one? Open it and press Use this strategy: unisafe creates a manager on the strategy's pool, and you fund it. Envelop Think Tank catalogue →