Yield onHoneyB
Institutional yield on Bitcoin and stablecoins, backed by traditional markets.
How yield isSourced
We identify institutional income strategies across global capital markets that can complement Bitcoin exposure.
Learn more01 - Source
Stability
Strategies are selected based on identifiable sources of income and repeatable return drivers.
Controlled Volatility
We prioritize strategies that reduce drawdowns and limit unnecessary market exposure.
Institutional Liquidity
Where possible, strategies are structured around daily or T+1-style liquidity.
02 - Analyze
02 - Analyze
Scenario Analysis
The strategy is put through adverse conditions, and the stress case is compared with the base case.
Scenario Analysis
The strategy is put through adverse conditions, and the stress case is compared with the base case.
Simulations
The strategy is run many times with varied inputs, and the outcomes fan out around a median path.
Liquidity Assessment
Each position is measured by its time to cash, and redemptions are set against the liquidity available.
Risk Evaluation
The strategy's value is tracked from peak to trough, and max drawdown is checked against a limit.
Historical Backtest
One million dollars carried from year-end 2019 through 2025, income reinvested — the HoneyB T-12 backtest against two neutral market references rather than competing funds.
HoneyB T-12 · Backtest
$2.55M
Hypothetical backtest, not investor performance. Values between year-ends are interpolated from the year-end figures, not observations.
HoneyB T-12: a manager-provided backtest on current holdings with partial backfills, not actual investor performance · HYG: iShares iBoxx $ High Yield Corporate Bond ETF, NAV total return · PMMF: iShares Prime Money Market ETF, NAV total return since its February 2025 launch, linked before it to the ICE BofA US 3-Month Treasury Bill Index.
03 - Integrate
Operational Infrastructure
Allocation, deposits, and redemptions run on Bitcoin itself, on a set schedule. No bridging, no new wallets.
Custody
Your bitcoin is pledged from a qualified custodian or sent natively from your wallet, then posted as collateral. Never sold, never wrapped.
Reporting
NAV and performance track in real time, with yield returned net of borrow costs and fees. Nothing estimated, nothing delayed.
04 - Access
Diversified, professionally managed portfolios generating recurring income through fixed income, credit, dividends, options, and other yield-producing assets.
Income from direct lending to businesses and private borrowers, and from loans secured by real estate, equipment, receivables, and other tangible assets.
Income from financing the movement of goods and working capital across global supply chains, and from purchasing business invoices and receivables at a discount.
Income from structured debt, CLOs, and other diversified pools of corporate loans and securitized assets.
Government-backed income from Treasury bills, notes, and related strategies.
Interest income from investment-grade and high-yield corporate debt.
Contractual income generated by infrastructure, energy, data centers, and other real assets.
Income generated through option premiums and systematic volatility strategies.
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