project screenshot 1
project screenshot 2
project screenshot 3
project screenshot 4

Pillow

Grow your ETH with peace of mind—CPPI protects your capital while letting you capture the upside!

Pillow

Created At

ETHGlobal Cannes

Project Description

Pillow is an automated investment vault on Ethereum that uses the Constant Proportion Portfolio Insurance (CPPI) strategy. CPPI is a top 5 product in traditional finance, with over $100 billion in assets under management globally.

How it works: Pillow dynamically allocates your ETH between growth (ETH) and protection (USDC, a fully-backed stablecoin).

Key benefit: The strategy automatically protects a portion of your initial investment and a portion of your highest portfolio value (max NAV), while still letting you benefit from ETH’s upside.

Example: If you deposit $1,000 and set an 80% protection floor, at least $800 is always protected. If your portfolio grows to $1,400, the protected floor can increase to $1,120 (80% of the new max NAV). If the market drops, you’re still protected at this higher level.

All rebalancing and protection are handled by Ethereum smart contracts, so your capital protection is transparent and automatic—no manual action needed

How it's Made

Pillow is an automated investment vault on Ethereum that uses the Constant Proportion Portfolio Insurance (CPPI) strategy. CPPI is a top 5 product in traditional finance, with over $100 billion in assets under management globally.

How it works: Pillow dynamically allocates your ETH between growth (ETH) and protection (USDC, a fully-backed stablecoin).

Key benefit: The strategy automatically protects a portion of your initial investment and a portion of your highest portfolio value (max NAV), while still letting you benefit from ETH’s upside.

Example: If you deposit $1,000 and set an 80% protection floor, at least $800 is always protected. If your portfolio grows to $1,400, the protected floor can increase to $1,120 (80% of the new max NAV). If the market drops, you’re still protected at this higher level.

All rebalancing and protection are handled by Ethereum smart contracts, so your capital protection is transparent and automatic—no manual action needed

background image mobile

Join the mailing list

Get the latest news and updates