DeTrade Core ETH is an actively managed ETH vault that aims to keep full ETH beta while earning sustainable on-chain yield. Capital is deployed through liquid staking and restaking collateral on Morpho and Aave, using that collateral to access higher-yielding USD strategies including a sleeve in DeTrade Core USDC, and compounding Merkl rewards. Looping strategies may be used when carry justifies it. The mandate is ETH-denominated performance with LST and LRT carry, not a delta-neutral or stablecoin-only book.