From the desk

The Journal

Announcements, research notes and the occasional letter from Two Twenty Capital.

Oil painting of the Capitoline Hill at dusk across the Tiber

Our first vault is open on Lagoon.

A balanced strategy on HyperEVM: half market making, half delta-neutral carry, rebalanced monthly. What it does, how it is built, and the record behind it.

Read the announcement →

More notes from the desk to follow.