# SERENITY RESEARCH DEMO FUND: BENCHMARK Welcome to Serenity Research! This documentation is a guide to understand how our Demo Fund (BenchMark) works and also an operational manual for it. BenchMark is our first Demo Fund that uses strategies from the Benchmark category of our weekly report, or strategies similar to those (not included as they might be smaller or repetitive). The BenchMark Demo Fund: * invests in mainly [Tier 1 and Tier 2](https://serenityresearch.substack.com/) Stablecoins or USD delta neutral strategies * invests in large and battle-tested DeFi protocols * invests in Ethereum or its major EVMs * is diversified into 10 or more protocols * displays its AUM and unit price on chain and is updated monthlu **Information contained here, the BenchMark Demo Fund is only for Serenity Research existing and potential advisory clients, i.e. clients who engage us for portfolio advisory work or purchase dedicated research reports from us. The fund is set-up to demonstrate the operational procedures we typically set-up in place for an advisory client.** --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://serenity-research.gitbook.io/serenity-research/readme.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.