This trade has changed since the link was shared: +8.11% when shared, +7.37% a year now at the measured 7D rates, for the amount and settings in the link.
sUSDS → USDT
MorphoNet gain a yearest.
+7.37%
approx. $737 on $10,000 · 7D +7.37%
Lend · 7D
12.45%
incl. 5.16% reward
Borrow · your sizeest.
2.91%
7D 2.90%
Spread
9.54 pts
on $7,720 borrowed
Borrowed
77%
liquidation at 96.5%
Collateral yield
—
none published
On the desk 25 of the last 25 days · left twice, last returned 6 Oct.
The trade, step by step
$10,000 of collateral · updatedAt the borrow venueUSDT / sUSDS
1
Supply of sUSDS as collateral
Amount from the card hall · select to change
Collateral for the loan
22.91%est.
Borrow venue →Borrow $7,720 USDT
You borrow 77% · liquidation 96.5% · sUSDS can fall 20% before liquidation · Desk level
move the $7,720 USDT
At the lend venueFlowdesk Confidential High Yield USDT
312.45%
Lend venue →Lend $7,720 USDT
Ethereum · $16.4M available · Pro-rata $4.9M
incl. 5.16% reward
12.45% − 2.91% on $7,720
Net gain a year (est.) · approx. $737+7.37%
est. is the rate at your size: the borrow along the market's published rate curve, from today's utilisation to the level after this borrow. Each estimate is anchored to the measured 7D rate shown alongside. At the 7D rates the trade earns +7.37% a year.
Lend against borrow
Daily, last 8 daysLend, Flowdesk Confidential High Yield USDTBorrow, USDT / sUSDSNet spread
Longer histories for each leg are on the venue pages.
What if
| Net a year | On $10,000 | |
|---|---|---|
| Rates at your size, as now (est.) | +7.37% | $737 |
| Measured 7D rates, before the trade's own effect | +7.37% | $737 |
| Lend falls to this week's low (10.36%) | +5.75% | $575 |
| The lend reward stops (7.29%) | +3.38% | $338 |
| Borrow rises 2 points (4.91%) | +5.82% | $582 |
54% of this trade’s gain is the lend reward. Rewards are paid by campaigns that can end or change without notice. Without the reward, the trade earns +3.38% a year.
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