cattleChoose a view and schedule.
Long targets bullish exposure. Short targets a trading spread in a range-bound market. Set a strike, then choose weekly cycles or a single expiry date.
THE TWO SIDESLong Short
A little ghost. A bigger idea.
One position.
More possibilities.
Choose a bullish long-call strategy or a covered short for a range-bound view. Both use collateral supplied to Aave, earning variable supply interest. Borrowing depends on Aave’s limits.
Read-only Base trial · Explore positions and save examples.
A little more room for your capital
ONE COLLATERAL POSITIONStrategy + supply interestBorrowing subject to Aave’s limits
↗ Long-call & covered-short strategies◉ Collateral supplied to Aave⇄ Trades settled through CoW Protocol
Same collateral. Different jobs.
Meet your position’s
three moving parts.
The strategy and the borrowing are separate choices. Start with the strategy. Decide on borrowing later.
Keep your assets working.
Each position is funded with both assets. They are supplied to Aave at its variable supply rate while backing the strategy.
SUPPLIED TOAave
More flexibility. More to watch.
Borrowing depends on Aave reserve settings and available collateral. Debt adds interest and liquidation risk, and can block strategy trades.
BORROWINGYour choice
Start with your view
Two strategies.
A different response.
A bullish view or a range-bound view? Compare each strategy’s intent and when it buys or sells.
Explore the builderWhen price rises Buy WETH
When price falls Sell WETH
For a bullish view. Targets long-call-like exposure through trading. You fund both assets; there is no separate option premium at entry. Results depend on completed trades, asset prices, interest and costs.
Holdings change when trades complete.
A few things, before you moo.
Is this the same as buying a call option?
Cattle adjusts its holdings toward a long-call-like target. You fund both assets, with no separate option-premium payment at entry. It does not provide a fixed option payoff. The result depends on completed trades, prices, interest and costs.
Does “covered short” mean I am betting on a price fall?
It is a short-option strategy for a range-bound view. It targets a spread from rebalancing: selling the base asset as price rises and buying it as price falls. That spread is intended to cover option premium over time; no separate option premium is paid or received at entry. This spread target does not apply to long. Both strategies retain asset-price risk.
Do I have to borrow?
No. Borrowing is optional and subject to Aave’s limits. Debt adds interest and liquidation risk. Below a health factor of 1, Aave can liquidate collateral. A strategy trade can also be blocked above 1, because sending assets temporarily reduces collateral before proceeds arrive. The owner manages the debt.
What do strike and schedule mean?
The strike is the strategy’s reference price, not a promised trade price. A weekly position repeats at the same strike until you close or roll it. A dated position stops trading five minutes after expiry. Withdrawing assets is a separate owner action.
Where does the return come from?
The result combines changes in asset values, completed strategy trades and Aave supply interest, less execution costs, protocol fees and any borrowing interest. Supply interest alone is not the position’s profit. Returns are not guaranteed.
Can I open a real position here?
Yes. Connect an external wallet on Base to create a weekly repeating or dated wstETH / USDC trial position. Create first, then fund; borrowing is a separate choice. My Wallet provides repayment, withdrawal and roll. Sample data and the tutorial remain available without a wallet.
Find your side of the pasture.
Explore a strategy. See what goes in. Understand what can change.