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OpenDelta Perpetual Bond
OpenDelta Perpe...
$OPB
  •  
    Staking
  •  
    Pool2
  •  
    Borrows
  •  
    Offers
  •  
    Treasury
Description
OpenDelta's perpetual bond (OPB) is created by hedging Bitcoin collateral across a variety of global derivatives exchanges in a trust-minimized way. This process creates a position that’s stable in dollar terms, protects the holder against downside risk, and earns continuous yield from the derivatives market funding rate.
Total Value Locked
$12.30
Solana:$12.3
Links
USD
ETH
SOL
1M
1Y
All
9 Dec, 23:1924 Feb, 00:2112 May, 09:12$0$3m$6m
Charts
  •  
    Flows
21 Dec, 20:416 Feb, 15:1825 Mar, 07:1012 May, 09:12$0$1.5m$3m$4.5m$6m
Methodology
TVL is calculated by multiplying the OPB token supply by the current USD value of 1.0 OPB. Initially worth $1.0, 1.0 OPB now reflects its increased value from accrued interest, derived using amountToUiAmount approach of Solana Token2022 Interest Bearing extension.
Protocol Information
Category
Basis Trading
Audits
No
Token Information
Symbol
OPB
Name
OpenDelta Perpe...
Address
solana:o...YZ6QKE
OpenDelta Perpetual Bond
Include governance tokens staked in the protocol
Include staked lp tokens where one of the coins in the pair is the governance token
Include borrowed coins in lending protocols
Coins that are approved but not locked
Protocol treasury
Show stacked inflows and outflows of each token
Audits are not a guarantee of security.
OpenDelta Perpetual Bond