dHEDGE Review
AGPL vaults with a deep audit list, now rebranding
of 10
dHEDGE offers tokenised vaults where managers earn fees, published as ranges — 0 to 3% management, 0 to 50% performance — with a 10% DAO cut and a 14-day notice on increases. The contracts are AGPL-3.0 with six named auditors. Its docs now redirect to a Chamber rebrand.
No money changes hands. This is a non-commercial project: no advertising, no sponsored placements, and no affiliate or referral links. Links to the services below earn us nothing. Every overall score is the plain average of the criteria shown on the page, so you can check the arithmetic yourself — see our rating methodology and how the site is funded.
Function
Tokenised vaults where managers earn fees
Management fee
0-3% per year
Performance fee
0-50%
DAO cut
10% of every fee; 14-day notice on increases
Licence
AGPL-3.0; six auditors named
Scores
Each criterion carries equal weight. The overall score is the average of these 5 scores — (8.0 + 10.0 + 9.0 + 4.0 + 6.0) ÷ 5 = 7.4.
Pros
- Fees published as ranges: 0-3% management, 0-50% performance, 0-2% entry/exit
- 10% of every fee goes to the DAO treasury, and fee increases require a 14-day announcement
- Fees settled in vault shares rather than cash, stated clearly
- AGPL-3.0 on the main contracts repository
- Six auditors named across 2020-2026: Obsidian, Sherlock, Santipu, iosiro, CertiK, Trust Security
Cons
- The documentation now redirects to a Chamber-branded site, indicating an apparent rebrand
- Fees are wide ranges set by each manager, not a single figure
- No proof-of-reserves or attestation statement appears on the pages read
- Broader governance and upgrade control beyond the 14-day fee window are not stated
Fees published, with a governance guardrail
dHEDGE's tokenised vaults let managers set fees within published ranges — 0 to 3% management, 0 to 50% performance, 0 to 2% entry and exit — with 10% of every fee routed to the DAO treasury. A useful protection is documented: a fee increase requires a 14-day announcement period, while a decrease is immediate, so a depositor cannot be surprised by a higher charge. Fees are settled in vault shares rather than cash.
Open source, well audited
The main contracts repository is AGPL-3.0, and six audit firms are named across 2020 to 2026: Obsidian, Sherlock, Santipu, iosiro, CertiK and Trust Security. Both are strong.
An honest flag on the rebrand
dHEDGE's documentation domain now redirects to a Chamber-branded site that self-identifies as Chamber Finance, indicating an apparent rebrand in progress. We have treated the Chamber docs as dHEDGE's current official documentation and flag the change rather than present it silently — a reader following the protocol should know the name may be shifting.
Who builds it
dHEDGE is run by the dHEDGE DAO through its DHT token, whose token generation event took place in September 2020; the founding team is not named on its official materials. The project is mid-rebrand to Chamber — its documentation now lives under docs.chamberfi.com — so anyone relying on it should note that the brand, and the docs URL, are in transition.
How it compares
Reserve
Tokenised index baskets under a permissive licence
Term Finance
Fixed-rate lending, six named audits, restrictive licence
Derive (formerly Lyra)
Options fees published in full, Sigma Prime audited
Maple Finance
Fee split published to the basis point
Goldfinch
On-chain credit, MIT, Trail of Bits audited
Index Coop
Per-product fees published, Apache-licensed
Nexus Mutual
On-chain capital pool, GPL-licensed
Synthetix
MIT-licensed with a published fee schedule
Ondo Finance
Thirteen named auditors on tokenised Treasuries
Sources
Scored from published primary sources rather than hands-on use. Every figure above comes from one of the pages below, on the date shown. Manufacturers change prices and specifications without notice — if something here no longer matches the source, tell us and we will correct it.
- 1.dHEDGE — official site — checked
- 2.dHEDGE / Chamber — fees — checked
- 3.dHEDGE / Chamber — audits — checked
- 4.dHEDGE / Chamber — documentation — checked
Frequently asked questions
What fees do dHEDGE vaults charge?
Managers set fees within published ranges: 0-3% management, 0-50% performance and 0-2% entry and exit, with 10% of every fee going to the DAO treasury and a 14-day notice required on increases.
Is dHEDGE changing its name?
Its documentation now redirects to a Chamber-branded site that self-identifies as Chamber Finance, indicating an apparent rebrand in progress.
Nothing here is financial advice. Editorial policy · How we score · How we're funded.