Perpetual Delta Neutral Yield (Optimism) (USDPY)

market_cap_rank: null | coingecko_rank: null

Current Price

get_current_price()

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24h_range: $%!f(<nil>) - $%!f(<nil>)

Price Changes

get_price_changes()

24h

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Market Data & Supply

get_market_data()

market_cap

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fully_diluted_valuation

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volume_24h

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get_supply_info()

circulating_supply

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total_supply

841177

max_supply

null

All-Time Records

get_ath_data()

All-Time High

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change: +0.00%

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get_atl_data()

All-Time Low

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change: +0.00%

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About Perpetual Delta Neutral Yield (Optimism)

get_description()

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.

Additional Information

get_basic_info()

homepage

https://toros.finance/vault/0xb9243c495117343981ec9f8aa2abffee54396fc0