OpenDelta Perpetual Bond (OPB)

Total Value Locked$12.3

TVL by Chain

Solana$12.3

Key Metrics

Total Raised$2.5m

Apr 26, 2024$2.5mRound: Pre-SeedInvestors: 6th Man Ventures

Nov 27, 2024$0Round: Pre-seed+Investors: Anatoly Yakovenko, Anagram, Stepan Simkin, Bartosz Lipinski, Shane Molidor

Protocol Information

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.

Category:Basis Trading