Basis Trading · Alternatives
The best Theo Straddle Vaults alternatives in 2026
Theo Straddle Vaults is an onchain vault product tracked on four networks, but its strategy and fees are not clearly published. If Theo Straddle Vaults is not the right fit, these 12 reviewed Basis Trading options are the closest matches, ranked by DappsAtlas score. Read our full Theo Straddle Vaults review
At a glance
Theo Straddle Vaults vs the alternatives
| dApp | Score | TVL | Chains |
|---|---|---|---|
| Not rated yet | $1.03M | 4 | |
| Score 7.0 out of 10 | $37.9M | 4 | |
| Score 7.0 out of 10 | $190M | 8 | |
| Score 7.4 out of 10 | $201M | 1 | |
| Score 6.8 out of 10 | $240M | 7 | |
| Score 6.5 out of 10 | $60.4M | 7 | |
| Score 7.0 out of 10 | $13.0M | 2 | |
| Score 7.4 out of 10 | — | 1 | |
| Score 7.2 out of 10 | $8.68M | 1 | |
| Score 7.0 out of 10 | $21.2M | 1 | |
| Score 6.7 out of 10 | $11.4M | 2 | |
| Score 6.7 out of 10 | — | 1 | |
| Score 6.5 out of 10 | $112M | 1 |
Ranked
Top Theo Straddle Vaults alternatives
- 1
Noon
Basis Trading · Ethereum, Sophon, zkSync Era +1
Noon is a yield-focused stablecoin protocol that aims to earn delta-neutral returns and pays them out through a staked token, sUSN. It has about $38 million in TVL and two listed audits, but its yield depends on off-chain and cross-protocol counterparties.
ScoreScore 7.0 out of 10TVL $37.9M+1.3% - 2
Solv Basis Trading
Basis Trading · BNB Chain, Arbitrum, Ethereum +5
Solv Basis Trading is the basis-trading and hedging yield side of Solv Protocol, aimed at Bitcoin holders who want yield without taking directional price risk. It shows sizeable TVL, but the strategy relies on off-chain counterparties.
ScoreScore 7.0 out of 10TVL $190M−3.0% - 3
Solstice
Basis Trading · Solana
Solstice is a Solana-native yield protocol built around the USX stablecoin and delta-neutral strategies, with roughly $201M in TVL on DefiLlama. The yield figures are strong but self-reported, and access rules are restrictive.
ScoreScore 7.4 out of 10TVL $201M−0.2% - 4
BitFi Basis
Basis Trading · BNB Chain, Ethereum, Base +4
BitFi is a CeDeFi platform that pairs off-chain delta-neutral trading with on-chain tokens, bfUSD and bfBTC, to pay yield on stablecoins and Bitcoin. It holds about $254M in TVL, but part of its risk sits with off-chain trading and custody.
ScoreScore 6.8 out of 10TVL $240M−1.6% - 5
ZEROBASE CeDeFi
Basis Trading · BNB Chain, Ethereum, Base +4
ZEROBASE CeDeFi is a stablecoin staking product tied to the ZEROBASE zk prover network, with deposits used for arbitrage trading on Binance. It holds about $60.5M in TVL, but yield depends on a centralized trading leg that the public facts describe only briefly.
ScoreScore 6.5 out of 10TVL $60.4M−0.3% - 6
XSY
Basis Trading · Base, Avalanche
XSY, now branded YieldPoint, issues Unity (UTY), a synthetic dollar backed by market-neutral trading positions, with a yield-bearing version called yUTY on Avalanche and Base. It targets steady yield without price exposure, but relies on off-chain strategy execution and counterparties.
ScoreScore 7.0 out of 10TVL $13.0M0.0% - 7
Ethena
Basis Trading · Ethereum
Ethena issues USDe, a synthetic dollar backed by hedged crypto positions, and sUSDe, its yield-bearing version. The yield is the draw, but it comes from derivatives markets and carries risks that a fiat-backed stablecoin does not.
ScoreScore 7.4 out of 10TVL — - 8
Solomon USDv
Basis Trading · Solana
Solomon USDv is a Solana-native dollar stablecoin backed 1:1 by short-dated U.S. Treasuries and cash, built so that balances earn rewards without staking or wrapping. Its main appeal is simplicity; its main caveat is permissioned issuance and a reward rate that is set separately from reserve income.
ScoreScore 7.2 out of 10TVL $8.68M−1.8% - 9
Liminal Basis
Basis Trading · Hyperliquid L1
Liminal Basis is a Hyperliquid-focused yield protocol that runs delta-neutral strategies and offers them as tokens or self-custodial setups. It has about $21 million in TVL and two listed audits, but returns depend on funding rates.
ScoreScore 7.0 out of 10TVL $21.2M−1.1% - 10
BounceBit Prime
Basis Trading · BNB Chain, Ethereum
BounceBit Prime lets holders of tokenized Treasury funds such as Franklin Templeton's BENJI and BlackRock's BUIDL layer delta-neutral trading strategies on top of the base yield. It is a CeDeFi product with real custody and venue dependencies, so the headline yields come with counterparty risk.
ScoreScore 6.7 out of 10TVL $11.4M−0.0% - 11
Bitwise USCC
Basis Trading · Ethereum
USCC is a tokenized fund that runs crypto cash-and-carry trades for Qualified Purchasers. It was launched by Superstate, and Bitwise was reported in May 2026 to be taking over as investment manager from June 1, 2026.
ScoreScore 6.7 out of 10TVL — - 12
Aster USDF
Basis Trading · BNB Chain
USDF is a yield-bearing stablecoin from the Aster perp DEX, backed by delta-neutral positions built from USDT. DefiLlama shows about $113 million TVL on BNB Chain, but audit and reserve details are not public.
ScoreScore 6.5 out of 10TVL $112M+0.1%