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USDPYPerpetual Delta Neutral Yield (Optimism)

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Bullish/Bearish Forum Sentiment

Indicates whether most users posting on a crypto’s stream over the last 24 hours are bearish or bullish.
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Message Board Activity

Measures the total amount of chatter on a stream over the last 24 hours.
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Discussion Diversity

Measures the number of unique accounts posting on a stream relative to the number of total messages on that stream.
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AboutUSDpy 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.
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Decentralized Finance (DeFi)Optimism EcosystemYield FarmingYield-Bearing Tokens
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January 01, 1970
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