Meet the Borrowers: Our second NEW line of credit with @alphanonce is now live on @arbitrum 🤝

The transaction terms were structured by @cicadacredit, TrueFi's Credit Risk Manager, following a comprehensive due diligence and underwriting process.

We asked @alphanonce some questions to help you learn more about their firm. A summary below:

Founded in 2018, Alphanonce is a crypto trading firm based in Singapore and the Cayman Islands. Their battle-tested arbitrage strategy has yielded high Sharpe ratios across three market cycles, demonstrating resilience in various market conditions.

🤝 Why TrueFi?

Alphanonce seeks working capital to capitalize on numerous trading opportunities while maintaining a stringent approach to leverage management. The firm has substantial balance sheet to absorb potential trading loss

🧠 Market Strategy
Alphanonce capitalizes on crypto market inefficiencies through cross-exchange arbitrage, employing market-neutral strategies by hedging directional exposure and leveraging volatility.

🛡️ Risk Management
Alphanonce maintains a disciplined approach to delta-neutral position sizing, manages exchange risks through concentration limits, and prioritizes a robust liquidity balance sheet. The firm continuously refines its processes by analyzing significant market events to remain resilient and adaptive to market dynamics.

🔗 Link to their new pool:

TrueFi is now live on @arbitrum! (💙,🧡)

In partnership with @cicadacredit, we are expanding onchain credit to @arbitrum with market-neutral borrowers. This has been months in the making and we are excited to finally share more!

Before getting into the details, let's first share --

💙WHY ARBITRUM?!🧡

1. Arbitrum is the largest Layer 2 by TVL, # of DeFi protocols, and balance of stablecoins.

2. As measured by @l2beat, they are the farthest along the path of decentralization.

3. They are putting their $$ where their mouth is and investing significant funds from their treasury into RWAs (see the recent STEP program where we’ve also applied with @adapt3rdigital).

In the coming days and weeks, we will be sharing more about the specific configuration of the pools and details on each of the borrowers.

Our first two pools will be with @GravityTeam_co and @alphanonce with many more to come!