Benchmark Farmers
Smart-money wallets we track across BSC. Their live cross-protocol positions, refreshed daily via DeBank.
XAUt Delta-Neutral Flagship
0x2604839110e921916c157b37d8e6790565db6d38XAUt-vs-XAUt rate arb on Lista Moolah: borrows 314 XAUt from U/XAUt vault and re-supplies to XAUt/U vault to capture rate spread + LISTA emissions while running zero net gold exposure. Layered on a leveraged sUSDe/U carry at HR 1.02.
XAUT BSC delta-neutral audit (Apr 18). Score 7/7 — flagship benchmark.
11-Position Lista Specialist
0x4099766c5976b80f757673eb2d83332e15e3a01a11 simultaneous Lista positions running 3.47x leverage. Rotates stables (USDT/USDC/U/USD1/USDF/asUSDF) against U-borrows at HR 1.02 and runs 4 parallel XAUt legs (1 vault deposit + 3 collateral + 3 borrows) to capture XAUt incentives while staying ~$150K net long gold.
XAUT BSC re-verification (Apr 18). Score 6/7.
Leveraged XAUt Long + syrupUSDT Carry
0x102407f67415dcc4068370625ca27f24bb2a03d5Long XAUt vs short BNB on Lista (HR 1.22), plus a 4.02x leveraged Venus Flux syrupUSDT/USDT carry at HR 1.02. Captures Maple syrup yield on top of leveraged gold exposure with BNB hedge.
First identified Apr 16, 2026 in xaut-farming-wallets.md as Farmer #1.
| Protocol | Net USD | Health | Top legs |
|---|---|---|---|
| Lista DAO bsc_helio | — | 1.03 | S PT-sUSDE-7MAY2026-(ETH) $839.83KB USDT $703.04KS USDT $250.07K |
sUSDe Triple-Loop Operator
0xc6dd9976066f3364b4d6a72cd4f1fa0468327aa7Three identical sUSDe → stablecoin loops in parallel (sUSDe→USD1, sUSDe→USDT, sUSDe→U), each at HR 1.02. Splits one large sUSDe position across three borrow tokens to avoid concentration in any single market's liquidation cascade. Total leverage 5.04x on a $7.80M wallet.
Multi-Protocol Farmer; XAUt grew 65× since Apr 16 baseline. Score 6/7.
| Protocol | Net USD | Health | Top legs |
|---|---|---|---|
| Alpaca Finance V2 bsc_alpacafinance2 | — | — | S Cake $0 |
| Aster bsc_astherus | — | — | S USDT $0 |
| Lista DAO bsc_helio | — | 1.02 | S XAUt $46.59KS PT-clisBNB-30OCT2025 $0S sUSDe $1.3MB USD1 $1.16M+8 more |
| PancakeSwap bsc_pancakeswap | — | — | |
| pSTAKE bsc_pstake | — | — | S BNB $0 |
| Radiant Capital V2 bsc_radiantcapital2 | — | 1.157920892373162e+59 | S WBNB $0 |
| Venus bsc_venus | — | — | S USDC $0S USDT $0S USD1 $0R XVS $3 |
Small-Whale Delta-Neutral Template
0x624227ae1d072d03ae0361f6a71384dd92af80b45-position perfect delta-neutral on $129K total. Stable carry + bidirectional XAUt (U→XAUt, XAUt→USDT, XAUt→WBNB) + small BTCB→XAUt borrow. Net XAUt exposure ~zero, leverage 3.83x. Cleanest 'small whale' template at $100K-$500K wallet tier.
Hidden delta-neutral audit. Score 6/7. Pattern is replicable at retail scale.
| Protocol | Net USD | Health | Top legs |
|---|---|---|---|
| Lista DAO bsc_helio | — | — | S U $0S USDT $12K |
Cross-Protocol Diversifier
0x024b944911e2d3664c8b3b5d2a038fef8f4ee010Uses 5 different protocols simultaneously (Lista + Euler + Thena + Venus + Venus Flux) at $472K total. Smallest wallet showing whale-tier protocol diversification — proof the playbook scales down. Leverage 1.50x, net XAUt small (delta-neutral on 30/30 leg).
Hidden delta-neutral audit. Score 6/7.
| Protocol | Net USD | Health | Top legs |
|---|---|---|---|
| Euler bsc_euler2 | — | — | S USDT $26.95K |
| Lista DAO bsc_helio | — | 1.62 | S lisUSD $0S XAUt $42.28KS WBNB $95.03KB XAUt $42.32K+12 more |
| Abacus bsc_liquiddriver | — | — | S liveThe $0 |
| Merkl bsc_merkl | — | — | S SPECTRA $0 |
| MND bsc_mound | — | — | S MND $2R WBNB $0 |
| TEN bsc_ten | — | — | S BNBy $0R TENFI $0S WBNB $0S TENFI $0+18 more |
| Thena bsc_thena | — | — | S THE $551 |
| Venus bsc_venus | — | — | S USDC $0S FDUSD $212 |
| Venus Flux bsc_venusflux | — | — | S U $7,628S USDT $12.02KS USDC $88.96K |