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Basis Trade Agent by YieldSeeker

Personalized agents to run delta-neutral basis trade strategies

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Description

Basis Trade Agent by YieldSeeker

Solving idle collateral risk in delta-neutral yield farming

Basis trades — simultaneously holding spot BTC and a matching short perpetual to harvest funding yield — are one of crypto's most reliable "synthetic stablecoin" strategies, often clearing 10–20%+ annualized returns with zero directional price exposure.

But running one by hand is operationally brutal:
- Leg-in/leg-out friction — slippage between the spot buy and the short can wipe out weeks of yield in seconds
- Funding rate volatility — rates flip negative without warning and bleed capital if nobody's watching
- Margin drift — a market crash can silently push your position toward liquidation while you sleep

Basis Trade Agent turns this into a fully autonomous, hands-off product. It watches GMX V2 continuously, only enters when the smoothed net yield clears your threshold, and exits before fee-churn or margin risk erodes the edge — no human touching a terminal.

🔗 Try it live: bta.yieldseeker.xyz (https://bta.yieldseeker.xyz)

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Built on YieldSeeker

Basis Trade Agent is the newest addition to the YieldSeeker platform:
- $1.5M+ total TVL under management
- 5,000+ fully personalized agents already deployed

Every YieldSeeker agent is autonomous and wallet-owning — it executes real onchain strategy on its user's behalf, not a shared, one-size-fits-all vault. Every agent is configured, questioned, and steered in natural language, with a full onchain audit trail behind every decision it makes.

🔗 Platform: https://yieldseeker.xyz)

🔗 App: https://app.yieldseeker.xyz

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A strategy space, not a strategy

What makes Basis Trade Agent distinct is how much of the strategy's shape is actually yours to define, not hardcoded.

The collateral posture spans a full spectrum, e.g.
- 50/50 — spot BTC + USDC margin, liquidation-resistant, capital-conservative
- 100/0 — the BTC position itself as short collateral, full capital efficiency
- 75/25 / 25/75 — hybrid postures that blend the two, trading efficiency against liquidation cushion exactly where you want to sit on that curve

And the collateral split is just one dial. Every one of these is steerable live, in plain language, while the agent is running:
- Target net yield
- Hysteresis band (how aggressively it churns positions)
- Smoothing window applied to noisy funding data
- Minimum hold time
- Liquidation buffer
- Slippage tolerance
- Poll cadence

| "Favour more risk." "Widen my liquidation buffer." "Only enter above 8% APR and give me a full day of smoothing before you react." The agent reconfigures itself accordingly — no redeploy, no code. It's not a single strategy with settings buried in a config file. It's a strategy space, and every user gets their own point in it.

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What's next

Basis Trade Agent also marks YieldSeeker's first expansion beyond its existing footprint: its first agent deployed on Arbitrum, extending the platform from single-chain stablecoin yield into a multi-chain, multi-strategy suite of personalized agents.

It's built on the same core thesis as the rest of YieldSeeker — give a user a real, auditable AI agent with its own wallet and its own judgment, not a shared vault — applied here to one of DeFi's more technically demanding strategies, so that capturing basis yield no longer requires a trader glued to a dashboard.

🔗 Source code
🔗 Product canvas (for basis trade agent)
🔗 GTM canvas (for basis trade agent)

Progress During Hackathon

I've built the MVP from scratch as a script i run on my machine. Once it's proven out I will integrate it into our core product (https://yieldseeker.xyz) so it has a nice ui (we can reuse our existing one!) and give beta access to our users that already do this manually.

Tech Stack

PythonSolidity

Fundraising Status

Self-funded currently. Planning to raise seed round later this year. Both founders have raised money for previous ventures so we know the process is tough :)

Team Leader
KKrishan Patel
GitHub Link
github

GitHub

https://github.com/tokenpage/basis-trade-agent
Product Category
DeFiAI