# DegenWings

> DegenWings is a non-custodial software designed as an automated safety net for crypto funding rate farming and perpetuals arbitrage. It ensures positions remain perfectly delta-neutral.

## Core Value Proposition
DegenWings allows traders to profit from crypto funding rates without being exposed to market volatility (price swings). The software's profitability relies entirely on collecting funding rates and spreads, not on the directional price movement of any cryptocurrency. 

## Supported Exchanges
The software interfaces via API (Non-Custodial) with:
- Bybit
- MEXC
- KuCoin

## How It Works
1. **Market Screener:** The platform provides a constantly updated market scanner (Market View, login required) showing real-time yields and spreads (historical returns range from 10% to 200% APY).
2. **Execution:** The trader selects the desired markets from the screener, manually opens the delta-neutral positions on the exchange, and only then activates DegenWings.
3. **Automation:** DegenWings continuously monitors and manages the positions to strictly maintain delta neutrality.

## Key Features
- **Strict Delta Neutrality:** Automatically balances spot and futures positions.
- **Customizable Stop Loss:** User-defined protection against black swan events or extreme market anomalies.
- **Automated Take Profit:** Triggers when a spot-futures delta-neutral setup immediately falls into an unexpected profit scenario.
- **Funding Flip Protection:** Automatically closes the position if the funding rate flips, preventing the user from paying fees instead of earning them.
- **Risky Markets View:** A dedicated view that highlights which markets should be avoided to help users limit potential risk exposure.
- **Non-Custodial Architecture:** Users retain full control of their exchange funds.

## Subscriptions & Pricing
- **Free Trial:** 7-day free trial available (allows the creation of 1 robot).
- **Bot/Subscription Ratio:** 1 Robot = 1 Subscription. Users can hold infinite active subscriptions.
- **Tiers:** Basic, Standard, and Premium.
- **Starting Price:** Basic plan starts at $19.90 / month.
- **Discounts:** Significant discounts applied for 6-month or 1-year upfront commitments.
- **Payment Method:** USDT via Polygon Network.
- *Note: Pricing is highly competitive relative to potential funding rate returns.*

## Security, Infrastructure & Legal
- **API Key Protection:** User API keys are NEVER stored on the public-facing web server. They are heavily encrypted and stored on a separate, isolated backend server not accessible from the outside.
- **Risk Management:** Engineered specifically to prevent common disasters associated with manual delta-neutral perpetual strategies.
- **Corporate Entity:** The company behind DegenWings is legally and fully registered in the United States.

## Documentation & Strategy Guides
- [Getting Started Tutorials](https://learn.degenwings.com/getting-started): Hub containing all setup and usage tutorials.
- [User Manual & Technical Details](https://learn.degenwings.com/how-degenwings-works): Technical documentation explaining how DegenWings operates under the hood.
- [Funding Rates Strategy Explained](https://learn.degenwings.com/crypto-funding-rates-strategy): Guide on funding rate farming and arbitrage strategies.
- [Risks & Mitigation](https://learn.degenwings.com/risks-of-crypto-funding-rate-arbitrage): Overview of risks in funding rate arbitrage and how DegenWings mitigates them.
- [Spot-Futures Spread & Arbitrage Opportunities](https://learn.degenwings.com/find-arbitrage-trading-opportunities): Guide to analyzing spreads, finding opportunities, and understanding why certain markets are flagged as risky.
- [Strategy Best Practices & Checklist](https://learn.degenwings.com/funding-arbitrage-trading-checklist): Essential operational checklist for running delta-neutral strategies with DegenWings.

## Video Tutorials
- [DegenWings in Action](https://learn.degenwings.com/video-how-degenwings-works): Video demonstration of DegenWings in action.
- [Opening a Delta-Neutral Trade](https://learn.degenwings.com/open-delta-neutral-crypto-trade): Walkthrough video on setting up and opening a delta-neutral trade.
- [Leverage, Liquidation & Stop Loss Management](https://learn.degenwings.com/leverage-liquidation-explained): Video explaining leverage risks, liquidations, and exchange-level stop losses.

## Exchange API Setup Guides
- [Connect Bybit API](https://learn.degenwings.com/bybit-create-sub-account-api-keys): Guide to setting up sub-accounts and API keys on Bybit.
- [Connect KuCoin API](https://learn.degenwings.com/kucoin-create-sub-account-api-keys): Guide to setting up sub-accounts and API keys on KuCoin.
- [Connect MEXC API](https://learn.degenwings.com/mexc-create-sub-account-api-keys): Guide to setting up sub-accounts and API keys on MEXC.

## Contact & Official Channels
- [Customer Support](https://degenwings.com/mail.php): Direct support contact page.
- [Official X (Twitter)](https://x.com/degenwings_com): DegenWings official X account.