Rebalancing Counterparty Risk

To perform monthly rebalancing, OpenDelta may temporarily transfer basket assets to third-party trading venues such as Wintermute OTC, among others. This process introduces short-term counterparty risk, typically limited to a few hours per month.

Trading partners are selected based on their proven track record, operational reliability, and security standards. Where supported, OpenDelta mitigates this risk through the use of Off-Exchange Settlement (OES)—a mechanism that enables trades to be executed directly from the custodial environment, without requiring assets to leave it.