Real-time portfolio tracking
A hedged DeFiDeFiDecentralized Finance — financial services without intermediaries, operating through smart contracts.Read the lesson → portfolio has a lot of moving parts — collateral, debt, an LPLPLiquidity Provider — deposits tokens into a pool and earns a share of trading fees.Read the lesson → position, options. Once you learn to track them, it becomes possible to run the whole system in a few minutes a week — you know how to read everything and when to react.
A simple analogy
Portfolio tracking is like a car dashboard. Speedometer, fuel level, engine temperature — you see everything at a glance. If something turns red — you stop and check.
Core metrics
1. LTV (Loan-to-Value)
| LTV | Zone | Action |
|---|---|---|
| < 30% | ✅ Safe | Do nothing |
| 30-45% | ✅ Normal | Monitor |
| 45-55% | ⚠️ Warning | Prepare a plan |
| 55-65% | 🔴 Dangerous | Pay down part of the debt |
| > 65% | 💀 Critical | Act immediately! |
Where to check: KaminoKaminoSolana lending protocol. In our strategy: SOL collateral to a USDC loan.Read the lesson → dashboard or AaveAaveEthereum lending protocol (v3). In our strategy: ETH collateral to a USDC loan.Read the lesson → dashboard
2. Net delta
Net delta = collateral + LP delta + options delta
Our target: +56.5 (~45% exposure)
Delta too high (>50%): paying for too much price risk
Delta too low (<15%): overpaying for protection
3. Daily carry (net daily earnings after all costs)
Daily carry = LP fees - theta - debt cost
Positive = you're earning daily ✅
Negative = you're losing daily ❌
Our target: ~$1.93/d
4. LP status
| State | Fees | Action |
|---|---|---|
| In range | ✅ Generating | Nothing |
| Out of range < 24h | ❌ Stopped | Monitor |
| Out of range > 72h | ❌ Long without fees | Rebalance |
5. Options DTE (Days to Expiry)
| DTE | Action |
|---|---|
| > 60d | Nothing |
| 30-60d | Monitor, plan the roll |
| < 30d | Roll the Put Spread! |
| < 7d | Critical — if not rolled, act now |
Tools for portfolio tracking
DeFi protocol dashboards
Aggregator tools
| Tool | What it does | Cost |
|---|---|---|
| DefiLlama | General DeFiDeFiDecentralized Finance — financial services without intermediaries, operating through smart contracts.Read the lesson → portfolio view | Free |
| Zapper | WalletWalletA crypto wallet. Phantom (Solana), MetaMask (Ethereum). Holds your keys.Read the lesson → holdings tracking | Free |
| Step Finance | SolanaSolanaA fast blockchain (under 1s, gas under $0.01). Home to the Kamino, Orca and Meteora ecosystem.Read the lesson → portfolio dashboard | Free |
| DeFi Risk OS | The whole strategy in one place | In development |
Alert system
What alerts do you need?
LTV alert (Kamino/Aave)
When LTV crosses 40% — email or Telegram notification. When it crosses 50% — urgent notification.
LP out-of-range alert
When the SOL/ETH price moves outside the LP range — notification. Early on you can use price alerts (CoinGecko).
Options expiry alert
30 days before options expiry — notification to roll. Can be set in a calendar.
Price alert
SOL/ETH price drops >15% in 24h — check LTV and LP. Can be set via CoinGecko or TradingView.
Where to set up alerts?
Weekly checklist
8 minutes a week
A full portfolio review takes about 8 minutes a week. That's not much — but it's exactly enough to keep LTVLTVLoan-to-Value — the ratio of debt to collateral value. LTV 30% is considered safe. LTV 71%+ triggers liquidation.Read the lesson → in the safe zone and to make sure you're steering the position, not the other way around.
Summary
A dashboard doesn't have to be an app — a simple sheet is enough. Task: build your own tracking sheet with this lesson's metrics (~15 min, no trades).
This is learning, not investing — use only small amounts you treat as tuition.
You just put together a working tracking dashboard with your own alert thresholds — now you can read the portfolio's state in a few minutes, something most people never learn to do.