This strategy mirrors the composition of the Synthetix Debt Pool, enabling users to hedge their Active Debt exposure with low risk. Tracks both L1 and L2 debt vaults. Liquidation events are not hedged, but will be returned to stakers in the form of escrowed SNX.

Strategy tracks SNX debt on both L1 and L2.

Currently, the vault holds WETH for sETH, WBTC for sBTC LINK for sLINK, and USDC for all FOREX currencies.

Net short positions of the debt distribution like sETH mirrored through borrowing.

ETHGOLDi is an index composed of Ethereum and Gold, where weightings are optimized for the best risk adjusted returns.

Weightings are chosen using Modern Portfolio Theory, decided by the optimal Sharpe ratio.

Index is rebalanced if weightings deviate by 10 percent to prevent losses from over-trading.

When a rebalance happens, if ETH outperforms gold, ETH is sold high, and profits are reinvested into gold. When ETH under-performs, gold is used to buy ETH low.

BTCBULL3X amplifies Bitcoin price change by three times. If Bitcoin climbs 5% in price, BTCBULL3X goes up 15% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 3x long.

Stablecoins are swapped to the deposit asset. The process is repeated until the target leverage is achieved

Toros leverage tokens are best used for short term directional upside. Single direction movements can exceed returns compared to typical perp leverage products. This is because Toros increases leverage as its price increases, to maintain the leverage range. Toros uses AAVE to manage debt leverage positions.

All Toros leverage tokens have built-in protection against downside liquidation. For example, if you had held a typical -2X ETH Short perp from March to May 2021, you would have been liquidated several times over as ETH went up in price. Holding the Toros Ethereum Bear -2X however, would have protected you from liquidation. This is because Toros rebalances on price movements to maintain the leverage range. When a Toros token decreases in value, its leverage also decreases.

In sideways (up-down) markets, Toros pools can underperform typical leverage products. This is known as Volatility Decay. Toros pools work similarly to Leveraged ETFs. They maintain a leverage range by rebalancing AAVE debt. Volatility decay occurs through rebalancing, rebalance fee, and debt interest. Toros pools are therefore intended for short term directional bets for best results.

ETHBULL3X amplifies Ethereum price change by three times. If Ethereum climbs 5% in price, ETHBULL3X goes up 15%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 3x long.

ETHBEAR1X inverses Ethereum price change by one time. If Ethereum drops 5% in price, ETHBEAR1X goes up 5%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 1x short.

The shorted asset is swapped to stablecoins. The process is repeated until the target short leverage is achieved

ETHBEAR2X inverses Ethereum price change by two times. If Ethereum drops 5% in price, ETHBEAR2X goes up 10%. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a normal 2x short.

BTCBEAR2X inverses Bitcoin price change by two times. If Bitcoin drops 5% in price, BTCBEAR2X goes up 10% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 2x short.

MATICBULL2X amplifies MATIC price change by two times. If MATIC climbs 5% in price, MATICBULL2X goes up 10% in price. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 2x long.

MATICBEAR1X inverses MATIC price change by one time. If MATIC drops 5% in price, MATICBEAR1X goes up 5% in price. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 1x short.

BTCBEAR1X inverses Bitcoin price change by one time. If Bitcoin drops 5% in price, BTCBEAR1X goes up 5% in price. The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 1x short.

This vault earns yield on crypto assets while hedging against to be market neutral, making interest on USD while uninfluenced by crypto price volatility.

This strategy earns yield on USD by having exposure to and hedging against crypto assets.

Assets are borrowed from Aave and used to earn yield. The yield on USD is the difference between asset yield and debt yield.

Assets are hedged to be market-neutral, removing exposure to price volatility.

Positions and debt reblance depending on market volatility.

This USD yield aggregator vault aims to farm Optimism's most lucrative and safe supported stablecoin vault. It will switch farming vaults when higher stablecoin yield opportunities arise for long-term performance.

Deposits are utilized in the active strategy.

The strategy is switched when better opportunities arise.

USDpy generates yield on USD by capturing funding paid on perpetual trading markets.

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.

This automated strategy earns yield on ETH by providing liquidity directly or borrowing other assets and generating a profit on them.

ETHy generates yield on Ethereum using DeFi tools.

Depending on the opportunities, different strategies will be used to generate yield.

In one strategy, the yield on ETH is generated by providing liquidity on exchanges with a pair pegged to ETH.

In a second strategy, the yield on ETH is generated by borrowing any crypto asset and depositing it into liquidity that produces more profit than the cost to borrow.

Token	Price	APY	Rewards
Stablecoin Yield USDy	$1.126	5.23%	-
USD Delta Neutral Yield USDmny	$1.107	4.68%	-
Ethereum Yield ETHy	$1.363	3.80%	-
Perpetual Delta Neutral Yield USDpy	$1.009	-	-

Token	Price	24h Change	Rewards
Ethereum Bear 2X ETHBEAR2X	$0.3922	+4.56%	-
Bitcoin Bear 2X BTCBEAR2X	$0.4590	+3.88%	-
MATIC Bear 1X MATICBEAR1X	$0.7745	+3.53%	-
Ethereum Bear 1X ETHBEAR1X	$1.266	+2.58%	-
Bitcoin Bear 1X BTCBEAR1X	$1.149	+2.13%	-
Bitcoin Bull 3X BTCBULL3X	$0.01317	-5.63%	-
MATIC Bull 2X MATICBULL2X	$0.1570	-6.52%	-
Ethereum Bull 3X ETHBULL3X	$0.001782	-7.17%	-

Automated Strategies

Maximize your returns.

Total Value Locked

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Stablecoin Yield

USDy

USD Delta Neutral Yield

USDmny

Ethereum Yield

ETHy

Perpetual Delta Neutral Yield

USDpy

Synthetix Debt Hedge

dSNX

Ethereum-Gold Index

ETHGOLDi

Ethereum Bear 2X

ETHBEAR2X

Bitcoin Bear 2X

BTCBEAR2X

MATIC Bear 1X

MATICBEAR1X

Ethereum Bear 1X

ETHBEAR1X

Bitcoin Bear 1X

BTCBEAR1X

Bitcoin Bull 3X

BTCBULL3X

MATIC Bull 2X

MATICBULL2X

Ethereum Bull 3X

ETHBULL3X

Ecosystem

mStable

dHEDGE