What is dHEDGE (DHT)?

Last verified: May 2026

Nothing here is financial advice. DHT can fall to zero. Always do your own research.

👋 New to this? Just start reading at the top — it begins in plain English and gets more detailed as you scroll. Jump to any level:

🟢 Start simple 🟡 A bit more detail 🟣 Full technical

🟢 The simple version

Plain English — no jargon. Start here.

One sentence

dHEDGE is a decentralised asset management protocol where fund managers can create on-chain pools and trade DeFi strategies, but can never withdraw investor funds — the smart contract enforces non-custodial fund management with all trades visible on-chain in real time.

Non-custodial fund management

Traditional hedge funds: you trust the manager. dHEDGE: manager can trade using DeFi protocols (Synthetix, Aave, Uniswap), but smart contracts prevent any withdrawal of investor capital. All positions visible on-chain. Investors redeem pool tokens anytime for proportional share of assets. Toros Finance is dHEDGE's structured products layer (dUSD, USDy, ETH Yield vaults). ~100M DHT governance. Is DHT legal in India? Yes. 30% tax, 1% TDS apply.

🟡 A bit more detail

For when you want to go a little deeper.

Toros Finance on dHEDGE

Toros is the consumer product layer: curated structured vaults (dUSD, USDy, ETH Yield) with defined algorithmic strategies rather than discretionary managers. Both TOROS and DHT tokens govern their respective layers of the same infrastructure.

🟣 The full technical picture

For the technically curious.

Key facts

Token: DHT (~100M)
Model: Non-custodial fund management
Transparency: All trades on-chain
Toros: Structured product layer