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 VenturesSource: https://www.coindesk.com/business/2024/04/26/bitcoin-linked-stablecoin-firm-opendelta-raises-25m/
Nov 27, 2024Round: Pre-seed+Investors: Anatoly Yakovenko, Anagram, Stepan Simkin, Bartosz Lipinski, Shane MolidorSource: https://blog.opendelta.com/announcing-our-ecosystem-round/
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 VenturesSource: https://www.coindesk.com/business/2024/04/26/bitcoin-linked-stablecoin-firm-opendelta-raises-25m/
Nov 27, 2024Round: Pre-seed+Investors: Anatoly Yakovenko, Anagram, Stepan Simkin, Bartosz Lipinski, Shane MolidorSource: https://blog.opendelta.com/announcing-our-ecosystem-round/
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