Basis Yield ETH Index current market price is $99.29 with a 24 hour trading volume of $49,647. The total available supply of Basis Yield ETH Index is 0 BYE. It has secured Rank (Not Available) in the cryptocurrency market with a marketcap of $0. The BYE price is 0.1% down in the last 24 hours.
The lowest price of the Basis Yield ETH Index is $98.86 & the highest price is $102.51 in the last 24 hours. Live Basis Yield ETH Index prices from all markets and BYE coin market Capitalization. Stay up to date with the latest Basis Yield ETH Index price movements. Check our coin stats data and see when there is an opportunity to buy or sell Basis Yield ETH Index at best price in the market.
$98.86 / $102.51
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The Basis Yield ETH Index from Galleon automates a perpetual basis trading strategy that returns a price-neutral, levered high yield index to those that hold the token. Built using Set’s integration with Perpetual Protocol on Optimism, BYE contains a fully hedged 2x ETH position, with equivalent spot exposure and short exposure via perps. Holders of BYE will earn a USDC-denominated yield when the funding rate is positive while removing exposure to the price volatility of the underlying asset.