> For the complete documentation index, see [llms.txt](https://docs.atoma.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.atoma.fi/vaults/atoma-rwa.md).

# Atoma RWA

Return-focused vault. Market-neutral trading on stock and commodity perpetuals.

[Open Atoma RWA](https://app.atoma.fi/atoma-rwa)

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#### Deposit USDC

Receive vault shares at the current share price.
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#### Hedged positions

Atoma holds each position long one contract and short another on the same underlying, at equal size, so stock and commodity price moves offset each other.
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#### Earn

Statistical Arbitrage and Funding Arbitrage raise the share price. Venue points are distributed to depositors.
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#### Withdraw

Request a withdrawal. It is settled after the next epoch ends, and then you claim your USDC.
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## Venues

Lighter, Lighter Robinhood and trade\[XYZ].

## Points

Earned on Lighter Robinhood and trade\[XYZ] and distributed to depositors.

## Terms

|                 |                                                                                                                        |
| --------------- | ---------------------------------------------------------------------------------------------------------------------- |
| Asset           | USDC (Arbitrum)                                                                                                        |
| Share token     | AVS2                                                                                                                   |
| Minimum deposit | 100 USDC                                                                                                               |
| Epoch           | 3 days                                                                                                                 |
| Withdrawal time | 3 to 6 days                                                                                                            |
| Deposit fee     | 0%                                                                                                                     |
| Management fee  | 0%                                                                                                                     |
| Performance fee | 20% of trading gains above the high-water mark, 20% of venue points                                                    |
| Withdrawal fee  | 0.5%                                                                                                                   |
| Contract        | [`0x1C788E14d8e5B446e3F71B5142e2edaBcAB36da1`](https://arbiscan.io/address/0x1C788E14d8e5B446e3F71B5142e2edaBcAB36da1) |

## Risks

* **Liquidity.** RWA perpetuals are less liquid than major crypto markets, which raises trading costs in volatile conditions.
* **Price differences.** A price difference between venues can widen before it converges.
* **Funding.** Funding rate differences can reverse, so a position pays funding instead of earning it.

See [Risks](/security/risks.md).