Syntetika

Syntetika Proto Limited (“Syntetika”), incubated by $430M AUM Nasdaq-listed Hilbert Group AB (HILB B), is a regulated DeFi protocol that tokenizes institutional-grade yield strategies, starting with Hilbert Capital’s flagship BTC Basis+ strategy. The platform brings Hilbert’s proven, delta-neutral BTC basis trade on-chain: ML-optimized funding rate arbitrage, yield curve trades, and low-delta options premium collection. Risk is tightly managed with a 1x leverage cap, hard risk limits, and institutional custody arrangements. Core Product Stack hBTC – 1:1 tokenized Bitcoin held in regulated custody (Copper / institutional partners) shBTC – Yield-bearing receipt token that auto-accrues Basis+ returns in BTC terms Yield Engine – Hilbert Capital BTC Basis+ (live since Dec 2023, 21.35% annualized net return, >90% positive months, Sharpe 3.87 (excellent), max draw down -0.39%) Reg Layer – Galactica zkKYC for compliant trading, Cayman structure, monthly PoR, insurance/reserve fund