Rank #17644
usdpy Perpetual Delta Neutral Yield (Optimism)
$ 0
0 BTC
0 satoshies
Market Cap
-
24 Hour Trading Vol
-
Circulating Supply
-
Total Supply
850,505.1
Max Supply
-
Fully Diluted Valuation
-
Info
1h
24h
7d
1m
1y
max
-
-
-
-
-
-
Perpetual Delta Neutral Yield (Optimism) Price Statistics
0 $
#17644
Perpetual Delta Neutral Yield (Optimism) Performance
Trading Pair
day
week
month
usdpy
/
usd
0 %
0 %
0 %
usdpy
/
btc
0 %
0 %
0 %
usdpy
/
eth
0 %
0 %
0 %
About Coin
USDpy is a yield accruing stable which gets yield from basis trading. The USDpy token elegantly amplifies yield on USD, harnessing the funding accrued from perpetual DEXes.
USDpy generates yield by shorting an asset on a perps market with a favorable funding rate, while holding that asset in spot or yield to be delta neutral against USD. This asset performs best when many are going long on the underlying asset, as traders pay the short market in funding rate. When the funding rate is unfavorable, leverage is reduced to limit losses on yield.
IMPORTANT DISCLAIMER:
The information presented on our website and associated platforms is sourced from third parties and is intended for general informational purposes only. We do not guarantee the accuracy or timeliness of this content. None of the information provided should be construed as financial, legal, or other professional advice tailored to your specific needs. Your use of this content is at your own discretion and risk. It's important to independently research, evaluate, and verify the information before relying on it. Trading carries significant risks, so it's advisable to consult with a financial advisor before making any decisions. Our content is not intended to solicit or offer any services.