[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Aks_V [@0x_Aks](/creator/twitter/0x_Aks) on x XXX followers Created: 2025-07-16 12:45:21 UTC 4/ ➡️What is dCDS? dCDS is a shared risk underwriting mechanism. Users can deposit any stablecoin or any volatile token in this and undertake to act as a counterparty to take ETH price volatility risk. They do this because they get upfront option fees yields and some %age of ETH upside gains in return (3%). These users don't mind a bit of ETH exposure or ETH delta risk and want to farm more ETH. They also would like to earn high yields on their token holdings which might not be available elsewhere like getting high upfront yields on your Optimism (OP) token while staying long ETH and getting ETH upside gains all in a single OP deposit. We currently accept USDT, USDA+, OP, AERO token. Anyone can add any token over time. X. Just seed the dCDS pool by some minimum amount like $1k of the token. X. List the asset X. Then, start earning hedging premiums without any need to cajole any market makers. Last month dCDS user earned net yields of 20%. This leads to a variable APY of XXX% over an entire year. This high yields does come with taking this ETH delta risk. But inspite of ETH price falling from $2800 to $2150 around XX days earlier, dCDS users were able to get net yields of 20%. Here is the flow:  XXX engagements  **Related Topics** [delta](/topic/delta) [volatility](/topic/volatility) [counterparty](/topic/counterparty) [token](/topic/token) [coins stablecoin](/topic/coins-stablecoin) [mergers and acquisitions](/topic/mergers-and-acquisitions) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/0x_Aks/status/1945464771429466540)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Aks_V @0x_Aks on x XXX followers
Created: 2025-07-16 12:45:21 UTC
4/ ➡️What is dCDS?
dCDS is a shared risk underwriting mechanism. Users can deposit any stablecoin or any volatile token in this and undertake to act as a counterparty to take ETH price volatility risk.
They do this because they get upfront option fees yields and some %age of ETH upside gains in return (3%).
These users don't mind a bit of ETH exposure or ETH delta risk and want to farm more ETH.
They also would like to earn high yields on their token holdings which might not be available elsewhere like getting high upfront yields on your Optimism (OP) token while staying long ETH and getting ETH upside gains all in a single OP deposit.
We currently accept USDT, USDA+, OP, AERO token.
Anyone can add any token over time.
X. Just seed the dCDS pool by some minimum amount like $1k of the token.
X. List the asset
X. Then, start earning hedging premiums without any need to cajole any market makers.
Last month dCDS user earned net yields of 20%. This leads to a variable APY of XXX% over an entire year.
This high yields does come with taking this ETH delta risk. But inspite of ETH price falling from $2800 to $2150 around XX days earlier, dCDS users were able to get net yields of 20%.
Here is the flow:
XXX engagements
Related Topics delta volatility counterparty token coins stablecoin mergers and acquisitions ethereum coins layer 1