Basis Yield ETH Index

Basis Yield ETH Index
1 BYE =
 $ 99.49
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Market Capitalization:
0.00 $
Circulating supply:
0.00 BYE
Maximum:
2.40K BYE
Volume (24h):
12.00 $
Daily range:
0.00 - 0.00
Changes (7d):
0%

Cryptocurrency Basis Yield ETH Index (BYE)

The price for Basis Yield ETH Index (BYE) cryptocurrency is currently 99.49 $ (15 min delay), daily range of currency change is 0.00 - 0.00 .
Last 24 hours news: trading volume - 12.00 $, price variance 0% .

Project Website - https://www.tokensets.com/v2/set/optimism/0x927Eb0dBC5c3FD172Fdfa72D563f71612eCB6122
Explorer of transactions - https://optimistic.etherscan.io/token/0x927eb0dbc5c3fd172fdfa72d563f71612ecb6122
Twitter Account - https://twitter.com/galleondao

Chart Basis Yield ETH Index (BYE)

Current price Basis Yield ETH Index (bye) 99.49 $
Market Capitalization 0.00 $
Trading Volume last 24h 12.06 $
Absolute maximum 106.00 $
Absolute minimum 97.89 $

Basis Yield ETH Index Quotes

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Exchange
Pair
Price
Spread
Volume
Last traded
No active trades for this coin.

What is Basis Yield ETH Index (BYE)

The Basis Yield ETH Index from Galleon automates a perpetual basis trading strategy that returns a price-neutral, levered high yield index to those that hold the token. Built using Set’s integration with Perpetual Protocol on Optimism, BYE contains a fully hedged 2x ETH position, with equivalent spot exposure and short exposure via perps. Holders of BYE will earn a USDC-denominated yield when the funding rate is positive while removing exposure to the price volatility of the underlying asset.

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