Crypto is already one of the largest sources of funding-rate yield in modern finance.
Every day, perpetual traders pay funding to maintain leveraged positions, creating a massive stream of yield across the market. Yet most of that value never reaches ordinary users. Historically, the biggest beneficiaries have been market makers, trading firms, and highly sophisticated on-chain participants with the infrastructure needed to capture it efficiently.
That is the problem @KimiaProtocol is trying to solve.
Instead of building another yield farm or another trading platform, Kimia is building what it calls the Yield Layer for Perps, a system designed to transform perpetual funding into transferable, tradable, and potentially fixed-income assets.
@KimiaProtocol could change how users interact with yield on @solana entirely.
This thread breaks down why π§΅π