About Us

 Psalion Hyper Yield Management (US), LLC (PHYM)—with headquarters in San Diego, Paris, and  Singapore— is a premier digital assets hedge fund specializing in yield farming. We offer two distinct  strategies tailored to different risk tolerances, each harnessing innovative yield farming techniques  to generate superior returns. This approach has also enabled us to pioneer a state-of-the-art  revenue generation model in institutional digital asset lending. Our unique strategies empower  private investors, family offices, and institutions to capitalize on token appreciation while  simultaneously earning yield on those tokens. We are confident that the combined strength of our  PHYF and CAFP strategies justifies allocating a significant portion of a client’s total assets.  

                                                    PHYF--  Is tailored for clients with a high tolerance for digital asset exposure and market volatility. This  strategy is engineered to capture the potential historic appreciation of tokens while maintaining  robust risk protection. Currently, PHYF comprises four sub-advised accounts (SAs): three focused on  major tokens— Bitcoin, Ether, and Solana—and a fourth dedicated solely to US Dollar-backed assets,  primarily USDC, a leading stablecoin.  In bull markets, the majority of assets are allocated among the three token SAs to maximize  appreciation potential. Conversely, during bear markets, the allocation shifts toward the USDC  SA to prioritize capital preservation and consistent yield generation. Rather than making abrupt,  binary shifts, adjustments are implemented gradually over several months, following a  methodology similar to dollar-cost averaging. This balanced approach is designed to capture  both token appreciation and yield generation in favorable market conditions, while still  mitigating losses during downturns. Ultimately, PHYF strives to ensure long-term growth and  downside stability, all while delivering impressive yield performance.           

CAFP ---  Designed for clients seeking minimal exposure to digital capital assets and market  volatility.   

CAFP—a market-neutral fund class engineered for exceptional  yield. At its core, CAFP strategically allocates assets into USD-pegged stablecoins,  anchoring its operations in the reliable foundation of the US Dollar. This strategy leverages exclusively USD-denominated, diversified liquidity provision,  channeling capital into a select group of liquidity pools and automated market makers. Each  candidate undergoes an uncompromising due diligence process, with continuous proprietary  technical analysis applied during the screening, allocation, and monitoring phases to ensure  optimal capital protection.  Notably, only 45 out of nearly 10,000 liquidity pools meet our stringent criteria. Over the past  five years, Psalion has executed more than 500,000 allocations—all of which have delivered  positive outcomes. Consistently, this approach has achieved an average annual return of 16%,  and at times, a Sharpe Ratio exceeding 10—a level nearly unparalleled in the financial industry.  In comparison, typical Psalion Yield Farming Sharpe Ratios range from 3 to 7, significantly  outpacing the industry average of 1 to 3, and underscoring our superior risk-adjusted  performance.. 

 Investment Management  PHYM Chief Investment Officer and Managing Partner is Timothy  Enneking. According to Forbes, (and other publications), Mr. Enneking is one of the  world’s “thought leaders” in digital assets. He is considered one of the foremost  experts in determining digital asset market price trends, shifts and directions.  In 2013, Mr. Enneking managed one of the world’s first digital asset funds. He has  a track record of success with digital assets. In 2021, Mr. Enneking’s US Digital  Asset Fund was named the #1 Hedge Fund in the World (Preqin Data Company) in  terms of performance.  In addition, Mr. Enneking is the Managing Partner of Psalion VC. Psalion operates a  disruptive venture capital fund dedicated to the blockchain ecosystem and  market-neutral, “hyper” yield income generation.  Experienced Leadership  Thomas Fife is the PHYM Chief Executive Officer and Managing Partner, is a  seasoned professional with thirty-nine years of investment experience ranging  from E. F. Hutton to LPL Financial, including Branch management and  managing his own investment practice.  Sheldon Barker is the PHYM Chief Financial Officer and Managing Partner, is a  financial professional also with thirty-nine years of experience ranging from legal to  retirement plan design and administration. Sheldon also managed his own  investment firm and worked closely with Dimensional Fund Advisors. Fully Disclosed Fee Structure  PHYM assesses a 1.25% AUM fee and a 12.5% performance fee. The Hedge Fund  industry average is a 2% AUM and a 20% performance fee. PHYM is compensated by  DCM for investments in CAFP.  Service Providers  PHYM uses world-class legal counsel (Riveles Wahab, LLP), fund administration  (Formidium), accounting and auditing firms (Berkower, LLC) and one of the first  digital assets-oriented banks in the United States (Burling).  

                 IMPORTANT RISK DISCLOSURES  PERFORMANCE RISK. 

There is no guarantee that any investment will achieve its objectives, generate profits or avoid losses, and  past performance is not necessarily indicative of future results. Investments in Cryptocurrency or funds pursuing investments in  Cryptocurrencies and related assets (“Digital Assets”) are very speculative and can involve a high degree of risk. Investors must have  the financial ability, sophistication, experience and willingness to bear the risks inherent in Digital Assets, and the ability to weather a  potential total loss of their investment. Digital Assets are not suitable or desirable investments for all investors.  DIGITAL ASSETS RISK. The regulation of Digital Assets varies among countries, ranging from outright bans to moderate or full  regulation, to no regulation at all, and the global regulatory landscape for Digital Assets is in constant flux. Exchanges that trade Digital Assets  have failed in the recent past, resulting in the complete loss of customer assets. Digital Assets are created, issued and transmitted according  to protocols run by computers in digital networks, distributed ledger systems, blockchain ecosystems and similar technologies, all of which  are subject to potential programming flaws, protocol exploitation, hidden errors, fraud and cyber-attacks. LIMITED LIQUIDITY. Withdrawals are permitted on only a monthly basis, subject to an advance written notice requirement, and  may be suspended or only partially available. There is no secondary market for, or exchange trading of, fund interests, and they are  nontransferable. These limitations may result in a potentially lengthy period before an investor is able to entirely withdraw interests,  during which time the investor remains subject to all associated risks, including the risk of losing capital. Withdrawal proceeds may also  be subject to reserves for contingent liabilities or be limited or delayed for other reasons.  MANAGER RISK. The fund has a limited operations history, and success is dependent upon the ability of HYM as manager of the  fund to identify profitable investment opportunities, which is difficult, requires skill, and involves a significant degree of uncertainty PHYM  has wide discretion to select strategies and investments without the approval of investors. Banks, exchanges and other  financial intermediaries selected by PHYM to trade for or provide services to the fund may encounter financial difficulties which could  negatively impact the fund. There also exists the possibility of loss due to deviation from disclosed investment strategies, or simply poor  judgment by the manager, or fraud by sponsors or promoters of Digital Assets or other fund investments.  DIVERSIFICATION. The fund has no established guidelines with respect to the diversification of its investment portfolio and it  may from time to time be concentrated in a single or small number of Digital Assets or sectors within the market for Digital Assets.  SUBSTANTIAL FEES AND EXPENSES. The fund is subject to substantial fees and expenses,which will reduce profitability  andinvestor returns, and include applicable management and incentive fees charged to each investor’s account with the fund.  Performance-based incentive fees create an incentive for the manager to engage in riskier trading than it might otherwise pursue in the  absence of an incentive fee. Each investor also pays a pro-rata portion of the fund’s operating expenses, including expenses associated  with formation, operations, legal, accounting, auditing, administration, clerical, marketing and the continuous offering of fund interests,  and any extraordinary expenses.  GLOBAL INVESTMENT RISK. The fund invests and trades across global markets with varying levels of regulation and investor  protections.This presents risks not typically associated with funds that trade principally within a single jurisdiction, which may include  adverse fluctuations in currency exchange rates,adverse political and social developments,less liquidity or greater volatility in  certainmarkets,less developed or less efficient trading in certain markets,political instability and different auditing,legal and default or  bankruptcystandards across global markets.  COUNTERPARTY AND CREDIT RISK. Investments by the fund in fixed income or debt instruments,or engagement in  DigitalAssets lending, expose it to credit risk, meaning the risk that issuers or counterparties to the fund’s investments or loans may  default on obligations to the fund and cause potential losses.Any exposures to swaps or other derivatives, directly or indirectly, involve  risks including leverage risk and counterparty default risk in the case of over-the-counter derivatives. Option positions held may expire  worthless, exposing the fund to potentially significant losses. ABSENCE OF U.S. REGULATION. Interest in PHYF is neither registered with the SEC nor with any state regulator, and the fund  itself is not subject to SEC regulation as an investment company.Therefore, investment in the Fund is not subject to the same  registration and disclosure requirements and does not benefit from the same investor protection regulations,as are applicable to US  mutual funds.The SEC has not passed upon the merits of or approved the interest in the fund, the terms of the offering of interests, or  the accuracy of this presentation.  TAX COMPLEXITY AND REPORTING DELAYS. The fund’s tax structure is complex, and investors should expect delays in  receiving annual tax information and reports from the fund.Investors may be required to seek extensions of their deadline for  filingannual income tax returns.  INFORMATIONAL PURPOSES. This Executive Summary is for informational purposes only and is intended solely for the persons  receiving it; any reproduction or distribution is prohibited.This document does not constitute an offer of security. Such an offer may  only be made by means of a private placement memorandum.The information contained herein is not complete and is qualified in its  entiretyby reference to the more detailed information contained in the Confidential Private Placement Memorandum of PHYM and  PHYF.The investment in PHYM and/or PHYF is highly speculative.There is no assurance that PHYM and /or PHYF will achieve its  investmentobjectives. Prior performance is no guarantee of future performance.