How to Buy Perpetual Delta Neutral Yield (Optimism) Crypto (USDPY)

What is Perpetual Delta Neutral Yield (Optimism) (USDPY)?

According to Coingecko, Perpetual Delta Neutral Yield (Optimism) is : USDpy is a yield accruing stable which gets yield from basis trading. The USDpy token elegantly amplifies yield on USD, harnessing the funding accrued from perpetual DEXes. USDpy generates yield by shorting an asset on a perps market with a favorable funding rate, while holding that asset in spot or yield to be delta neutral against USD. This asset performs best when many are going long on the underlying asset, as traders pay the short market in funding rate. When the funding rate is unfavorable, leverage is reduced to limit losses on yield.

Where can I buy USDPY Crypto?

The best website to buy Perpetual Delta Neutral Yield (Optimism) is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Perpetual Delta Neutral Yield (Optimism) on Simpleswap

To buy Perpetual Delta Neutral Yield (Optimism) on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select USDPY, just like in this example:

Once you selected the currency you want to pay in, and USDPY, you need to paste your respective wallet address where you want to receive your USDPY.

With Simpleswap, you'll receive your Perpetual Delta Neutral Yield (Optimism) directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Please make sure you read our Disclaimer. We are not financial advisors.