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saihoelse Avatar Wandor @saihoelse on x 1578 followers Created: 2025-07-24 16:28:28 UTC

where’s the $dUSD yield from?

dUSD’s yield comes from hyperliquid’s perp funding rates. shorts pay longs when perp prices dip below spot (like HYPE at $XX vs $XX spot).

delpho’s basis trade captures this think 15-50% APR, even 80-100% during volatile spikes

all on-chain, no token printing bs

XX engagements

Engagements Line Chart

Related Topics dusd token onchain apr dip rates perp $dusd

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