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Hey

, after watching your AMA and vids on YT I noticed you mention how Alameda is essentially always hedged / delta neutral. I also noticed you guys use Tether. Are you hedged against Tether? If so, how? Cheers

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We do often hedge USDT, though we also allow ourselves to take some positions in it! We'll use a variety of methods to do it, but don't want to go into too much detail :P