Lagoon

DeltaUSD HyperLiquid USDN Funding Arb

EthereumEthereum
Yield Aggregator
Yield - detailed view

Historical annualized return, based on the vault's share price change and any rewards accrued during the period.

Total yield
11.61%
Base
11.61%

Show APY as avg. of

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Chart range
Share price - detailed view

Value of 1 vault share — tracks your actual profit and loss over time

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Chart range
TVL - detailed view

Total Value Locked represents the value of deposits currently held in this vault.

Total locked
1.19M USDT
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Chart range
Protocol
LagoonLagoon
Curator
Everything

Everything

Underlying token
USDTUSDT
External links
Where does the yield come from?

This vault aims to arbitrage between SMARDEX’s perpetuals and Hyperliquid’s funding rates. When SMARDEX’s rate is lower than Hyperliquid’s, we go long on SMARDEX’s perp and short on Hyperliquid. When the opposite occurs, we close the positions and mint USDN to maximize the capture of SMARDEX’s funding rates.

Owners distribution

57

# of holders

Reputation score

  • Protocol:

    LagoonLagoon
  • Token:

  • Vault history:

    Low

  • # of holders:

    57

Data last updated: Sep 20, 02:00 PM