OpenDelta Perpetual Bond
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.
TVL history
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TVL by chain
Key facts
- Category
- Basis Trading
- Chains
- 1
- Token
- OPB
- Oracles
- —
- Audits
- None listed
- Listed
- Nov 2024
Similar Basis Trading protocols
How this TVL is counted
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.
Frequently asked questions
What is OpenDelta Perpetual Bond’s TVL?
OpenDelta Perpetual Bond has $12.30 in total value locked, +0.00% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is OpenDelta Perpetual Bond on?
OpenDelta Perpetual Bond runs on 1 chain; the most value sits on Solana ($12.30).
What kind of protocol is OpenDelta Perpetual Bond?
OpenDelta Perpetual Bond is listed under Basis Trading, where it ranks #38 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.