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) (USDPY) Price Data

Perpetual Delta Neutral Yield (Optimism) (USDPY) price has increased today.

Perpetual Delta Neutral Yield (Optimism) price today is $1.0977 with a 24-hours trading volume up by -- %. USDPY price is up in the last 24 hours. It has a circulating supply is 3.09M USDPY coins and a total supply of 3.09M.