Since the recent crypto market rally, yields on @liminalmoney have simply exploded.
Between the massive liquidation of shorts and traders positioning heavily on the long side, funding rates on @HyperliquidX have recently exceeded 15% on BTC, 30% on HYPE, and 80% on some memecoins.
xTokens are specifically designed to capture the yield generated by these funding rates across a wide range of assets listed on Hyperliquid. xHYPE is currently offering close to 20% APY.
limUSD, a synthetic dollar that aggregates Liminal’s different strategies, is now yielding 12.5% APY over the past 7 days, compared with around 8% before the market rebound.
We’ve just published a quick Alpha explaining how these strategies work and why the current market environment is benefiting them so much.
Link in the comments 👇
Hyperliquid, a decentralized crypto platform, is open 24 hours a day, seven days a week. The exchange has emerged this year as a go-to spot for Wall Street’s weekend warriors. https://t.co/3VCVCnxToh