> For the complete documentation index, see [llms.txt](https://vaultbook.gauntlet.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://vaultbook.gauntlet.xyz/vaults/drift-vaults/gauntlet-basis-alpha.md).

# Gauntlet Basis Alpha

Visit the [vault](https://app.drift.trade/vaults/J6hcyp5rAsb1h7Qwgk763X6e2WnHgZa489VCE5VXgHLT).

The Gauntlet Basis Alpha (GBA) strategy represents a step forward in portfolio management within the strategies offered. Rather than focusing on a single basis trade, GBA deploys capital across multiple delta-neutral strategies including hJLP, SOL basis, and BTC basis, among others.

See the [Live Positions](https://app.drift.trade/?authority=J6hcyp5rAsb1h7Qwgk763X6e2WnHgZa489VCE5VXgHLT) on Drift for the latest allocations.

The strategy continuously rebalances based on real-time market conditions, considering funding rates, liquidity conditions, trading volumes, and historical performance patterns. Additional assets may be added to the scope of basis trades in the future (subscribe to our [telegram channel](https://t.me/+TpuliaeWH3Y5Zjdh) to be notified). This approach can scale positions up to 5x leverage when conditions allow but always maintains its primary focus on optimizing risk-adjusted returns rather than chasing maximum yield.

<figure><img src="https://2839649440-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvnIVJ3cqsrJLuRhLmk6a%2Fuploads%2FffvBRe3QjE4C6F9VtHLa%2FDriftVB%20Graphic%2007%20(2).png?alt=media&amp;token=0accebda-8bfa-4d57-b62c-e448312bba54" alt=""><figcaption></figcaption></figure>


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