Bitget Partners with Reality and Keyring to Publish Research Report, Plans to Launch Onchain Stock Basis Trading Strategy

Odaily Report: Bitget, in collaboration with Reality and Keyring, has published a research report exploring the synergies between tokenized stocks, perpetual contracts, and decentralized lending, while assessing the potential returns and risks of related strategies through simulated calculations. The report notes that the application of tokenized stocks is expanding from traditional stock trading to collateralized lending, asset management, and systematic investment strategies.

The research is based on Reality's rToken, combined with stock perpetual contract hedging and onchain lending mechanisms, to explore stock basis yield strategies. Historical simulation data shows that from December 15, 2025, to October 19, 2026, the strategy index achieved annualized net returns of approximately 7% and 4% in-sample and out-of-sample, respectively, with a gross funding rate premium of approximately 11%–14%. The report also notes that financing costs, trade execution fees, market liquidity, and risk management are key factors affecting the strategy's actual returns.

It is understood that Bitget and Keyring plan to jointly develop a stock basis index and build an onchain lending market based on Reality's rToken. Reality will provide exposure to tokenized stock assets, while Keyring will be responsible for developing the index methodology and building the related lending market. The index aims to capture funding rate and basis yield opportunities by combining rToken holdings with hedged positions in corresponding stock perpetual contracts, providing a new strategic pathway for the application of tokenized stocks in onchain financial scenarios.