Perpetual Delta Neutral Yield (Optimism) USDPY
Rank: NoneUSDPY Price
$ None
Price Range
- Low
- 24H
- High
- -
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General Info
Contracts/Explorers
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Optimism
0xb92...96fc0
Categories
Perpetual Delta Neutral Yield (Optimism) Info
Perpetual Delta Neutral Yield (Optimism) (USDPY) Chart
USDPY Price Statistics
Market Cap
-
FDV
-
Volume (24h)
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Total Supply
USDPY 595.68K
Circulating Supply
USDPY None
(0% of Total Supply)
Max Supply
USDPY ∞
All Time High
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All Time Low
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About Perpetual Delta Neutral Yield (Optimism) (USDPY)
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.
Perpetual Delta Neutral Yield (Optimism) Markets
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