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0xCross ➕ @0xCross_96 on x XXX followers
Created: 2025-07-20 20:21:07 UTC
Somebody just pressed the risk-on button on AMPL
The devotion ratio currently sits at a casual XXXX with over X million AMPL in flash mint liquidity available. This is is outcome of few days of positive rebases. People want risk right now, aka stAMPL - not stability through SPOT.
The outcome is an imbalanced system, which utilized inzentives to return to healthy state as quick as possible: SPOT‘s funding rate.
Due to the demand for leveraged AMPL (stAMPL), SPOT‘s funding rate is shooting through the roof. 30-day APY sitting at XX% (~11700% APY 👀), strongly fluctuating though.
Pretty good yield for just holding a low-volatility asset. Let’s see how this pans out. Risk-on.
XXX engagements
Related Topics mint