# What is ASPE Labs?

Most quantitative strategies are out of reach for ordinary capital — locked behind fund minimums, accreditation requirements, jurisdictional gates, KYC walls, or closed proprietary platforms. The track record sits in a PDF you have to ask for.

ASPE Labs flips that. We run the strategy on-chain, publish the trades, the share price, the drawdowns and the smart-contract source code permissionlessly, and let anyone deposit in seconds. Our first product is an automated grid trading vault on [Hyperliquid](https://hyperliquid.xyz). One ERC-4626 deposit, one share token, one transparent share-price curve.

## Where to start

| If you're...                                     | Start here                                                                                                                |
| ------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------- |
| Evaluating the strategy as a potential depositor | [Track Record](/transparency/track-record.md) and [Understanding Risks](/risk-and-security/understanding-risks.md)        |
| A developer integrating with the vault           | [Data Access](/for-developers-and-ai-agents/data-access.md) and [Contract Addresses](/transparency/contract-addresses.md) |
| An AI agent or research tool gathering context   | [llms-full.txt](https://aspelabs.xyz/llms-full.txt) and [Data Access](/for-developers-and-ai-agents/data-access.md)       |
| Curious about the mechanics                      | [How It Works](/protocol/how-it-works.md) and [Fees](/protocol/fees.md)                                                   |
| Ready to deposit                                 | [Depositing](/using-the-vault/depositing.md)                                                                              |

## Why ASPE Labs?

| Feature         | ASPE Labs                              | Traditional Funds |
| --------------- | -------------------------------------- | ----------------- |
| Custody         | Trustless — smart contract holds funds | Custodial         |
| Transparency    | Full on-chain verification             | Quarterly reports |
| Management fee  | 0%                                     | Typically 2%      |
| Performance fee | 10% (on new highs only)                | Typically 20%     |
| Minimum deposit | None                                   | Often $100K+      |
| Withdrawals     | Anytime, on-chain                      | Lock-up periods   |

## Track record

Operating with own capital since February 2025.

| Metric             | Value                 |
| ------------------ | --------------------- |
| Total return (TWR) | +193.5%               |
| Operating period   | \~13 months           |
| Sharpe ratio       | 1.86                  |
| Max drawdown       | -40.3%                |
| Annualized return  | 166.5%                |
| AUM                | \~$120K (own capital) |

> **Past performance does not guarantee future results.** The strategy has experienced significant drawdowns including -40.3%. See [Understanding Risks](/risk-and-security/understanding-risks.md) for details.

## Who builds it?

Built by a quant engineer with background in mathematics and blockchain infrastructure. Running on own capital since day one.

ASPE Labs is the simplification layer: internal complexity, external simplicity. One deposit gives you access to quantitative strategies — no configuration, no active management required.

## First product: Grid Trading Vault

The vault operates automated grid trading on Hyperliquid perpetual markets. Depositors receive ERC4626-compliant shares representing their proportional ownership of the vault. Profits are reflected in the share price — no claiming or compounding needed.

* **Chain:** HyperEVM (Hyperliquid's EVM layer)
* **Asset:** USDC
* **Standard:** ERC4626 (composable with DeFi)
* **Fees:** 0% management, 10% performance on new highs

## Related links

* [How It Works](/protocol/how-it-works.md) — fund flow and strategy overview
* [Fees](/protocol/fees.md) — complete fee breakdown
* [Track Record](/transparency/track-record.md) — full performance data
* [Depositing](/using-the-vault/depositing.md) — get started

***

*Last updated: 2026-04-29.*

> **Disclaimer.** ASPE Labs operates automated quantitative trading strategies on decentralized protocols. Performance figures shown (including total return, Sharpe ratio, drawdown, and monthly metrics) are historical and verified on-chain via Hyperliquid and Dune Analytics. Past performance does not guarantee or indicate future results. Trading on decentralized protocols involves risk of loss, including the total loss of deposited capital, smart-contract risk, liquidity risk, and operational risk. ASPE Labs is not a registered investment advisor, broker-dealer, or collective investment scheme, and does not provide investment advice. Users are responsible for assessing their own suitability, seeking independent professional advice, and complying with applicable laws and regulations in their jurisdiction.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.aspelabs.xyz/readme.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.