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USDpy

Perpetual Delta Neutral Yield

APY
41.95%
1 week trailing
TVL
$1,085,262.29
Volatility
0.2%
Downside deviation
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APY History
Price
$
1.283
▲ 1.91% 1M
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1 Day

▲ 0.09%

1 Week

▲ 0.67%

1 Month

▲ 1.91%

6 Months

▲ 7.51%

1 Year

▲ 8.84%

Total Performance

▲ 28.32%

An Overview of USDpy

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The USDpy token elegantly amplifies yield on USD, harnessing the funding accrued from perpetual trading arenas.

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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.

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This asset performs best when many are going long on the underlying asset, as traders pay the short market in funding rate.

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When the funding rate is unfavorable, leverage is reduced to limit losses on yield.