ThetaHerdA new home for your strategies
Find your side
of the pasture.
Choose how you want to trade.
We’ll find a home for your assets.
Explore October Cow ↗ Dynamic order spacing · wallet trials
Cow
Buys as price falls.
Sells as it rises.
Bull
Buys as price rises.
Sells as it falls.
October Cow · trials need token and service checks
A little more before you chooseA few choices. Your own plan.
From your assets
to your strategy.
Start with Cow or Bull. The next steps stay simple.
- 01wstETH ↔ USDC
Pick your assets
Start with what you hold and choose the asset to trade against.
- 02Your assets. Your choice.
Choose collateral
Use fully funded Cow, or choose Aave for an eligible Cow or Bull.
- 03Walk through an example ↗
Make a plan
Set your size, price and schedule. Review the plan before funding.
Get to know your herd
Two different
trading rhythms.
Cow trades against price moves. Bull trades with them. Choose a direction below to see the difference.
A direction illustration. Actual orders depend on the position and need to fill.
Meet the ghosts
A familiar face.
Aave underneath.
Choose Aave collateral and your Cow or Bull becomes a ghost. Your supplied assets support the strategy while earning Aave’s variable supply interest.
Borrowing is your next choice.Fund first. Then choose whether to borrow. Debt adds interest and liquidation risk.
Before you wander in
A few good questions.
Does Cow mean I’m betting on a price fall?
Cow follows a short-option hedging strategy: it buys as price falls and sells as it rises. It can leave you holding either asset or a mix. It does not guarantee a return.
Does choosing a ghost borrow for me?
No. A ghost means Aave collateral. Creation, funding and optional borrowing are separate actions. You review borrowing before taking on debt.
Can I change my price or date later?
A fully funded Cow keeps its settings for its term; you can close and create a new position. An Aave position can use a compatible roll to move to a new plan. Fees and the assets returned need a fresh review.
What can I try?
Connect a wallet to create a Cow or Aave position. Aave positions support separate funding, borrowing, repayment and rolling. Choose the tutorial to explore with sample amounts first.
Make yourself at home