dHedge is described to be a project that focuses on non-custodial mimetic trading for synthetic assets on Ethereum. The project focuses on the following areas:
- Non-custodial: users retain ownership over their funds, and investment managers cannot run away with investor funds
- Mimetic trading: investors can mime the trades of top-performing managers
- Synthetic assets on Ethereum: dHedge portfolios are powered by the Synthetix derivatives liquidity protocol
dHedge aims to be a one-stop location for managing investment activities on the Ethereum blockchain where users can put their capital to work in different strategies based on a track record of performance.
$DHT
$DHT is the utility and governance token of dHedge project and serves multiple functions including:
- Facilitate decentralized governance
- Incentivize investors to pool assets with top-performing managers
- Incentivize managers to earn a greater return