
Yield mechanics ·
Is Delta-Neutral Yield on Stablecoins Really Safe?
Delta-neutral does not mean risk-free. A plain-English breakdown of what gets hedged, what can go wrong, and what questions to ask before depositing USDT.

Yield mechanics ·
Why Does USDT APY Change? What Makes Yield Rise, Fall, or Vanish
Your USDT APY fell and you didn't change a thing. Understand the five variables that actually make stablecoin yields rise, fall, or vanish—and the formula to read any rate clearly.

Yield mechanics ·
Funding Rate Arbitrage Explained: Yield Source, Risks & What Changes
Understand funding-rate arbitrage: who pays, how the hedge works and why funding is not net APY. Follow a gross-to-net example and assess basis, margin and venue risks.

Yield mechanics ·
Where Does USDT Yield Actually Come From? Follow the Money
USDT itself pays no yield. Learn who really pays the APY behind Earn, savings, and onchain products—and how to trace each risk before comparing rates.

Yield mechanics ·
USDT APR vs APY: Yield Sources, Lock-Ups, and Risks Explained
APR and APY measure USDT yield differently. Learn how compounding works, why rates change, and how to compare yield sources, lock-ups, and risks before depositing.