Bitget and Keyring Plan Onchain Stock-Basis Index Using Reality’s rTokens
The report’s historical simulation showed annualized net returns of about 7% in sample and 4% out of sample. It identified financing costs, fees, liquidity and risk controls as factors in actual results.

Bitget and Keyring plan to develop an onchain stock-basis index pairing Reality’s tokenized stock exposure with hedges in stock perpetuals, aiming to capture funding-rate and basis returns through onchain lending.
A historical simulation covering Dec. 15, 2025, through Oct. 19, 2026, showed annualized net returns of about 7% in sample and 4% out of sample. The gross funding-rate premium was about 11% to 14%.
The strategy pairs Reality’s rToken holdings with offsetting positions in corresponding stock perpetual contracts. Reality will provide tokenized stock exposure, while Keyring will develop the index methodology and related lending market.
The report identified financing costs, trade execution fees, market liquidity and risk management as factors affecting the strategy’s realized returns.