The strategy
A single, disciplined BTC trade.
LeverLock runs a proprietary, BTC-denominated derivatives strategy at tier-1 venues. The position-sizing and margin framework is engineered to keep effective exposure well below 1× of account equity — producing deep overcollateralization and pushing the implied liquidation level far outside any realistic market range. The specific instrument mix, venue routing and sizing recipe are proprietary; the outcome we underwrite is simple: BTC growth, no liquidation price.
PPY™— Price Percentage Yield
APY rewards the passage of time. PPY rewards price movement. LeverLock's BTC-denominated strategy is engineered to convert BTC's upward moves into BTC-denominated growth of your account — with no liquidation price by design. Your PPY ratio tells you how much your account grows, in BTC, for every 1% BTC price move.
The shape of it
Think of an account as deeply overcollateralized relative to the position it carries. Because deployed exposure is a small fraction of equity, the price move required to threaten the position is far outside any plausible BTC range — so the venue's computed liquidation level falls to a number we treat as "No liquidation". The exact instrument, venue mix and sizing parameters are proprietary; what clients see is the outcome and the pre-trade math behind it.
Funding over long horizons
Holding a long-biased BTC-denominated position means paying attention to funding rates, not just mark-to-market moves. We back-tested the strategy across a large historical dataset and found that the cost of carry is a slow grind, not an account killer. The only realistic scenario where funding alone would erode the principal is an extended multi-year sideways period in BTC — roughly 6–8 years without new all-time highs — combined with persistently adverse funding. Even then, funding flips direction at times, meaning longs can collect payments from shorts rather than paying them. The asymmetry in BTC’s long-term trend structure is what makes the strategy hold up across cycles.
Why BTC-denominated?
Your balance, PnL, fees and high-water mark are all measured in BTC. The whole platform speaks the language of your stack — no stablecoin layer, no off-chain accounting fiction. You are measured against the only benchmark that matters to a BTC holder: more BTC.