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xUSDT

xUSDT

xUSDT is Mulitpli's protocol LP token for USDT deposits. This token generates yields through contango and Spot-Perpetual Funding Rate arbitrage strategies.

Risk Rating
Average
What is xUSDT?
Information
Blockchain
  • Ethereum
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Average
Asset Strength

xUSDT is a low-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Multipli, a protocol rated as Watch out.

Dependencies

Multipli

Asset Tokenomics

xUSDT does not have a supply schedule. xUSDT is Mulitpli's protocol LP token for USDT deposits. This token generates yields through contango and Spot-Perpetual Funding Rate arbitrage strategies.

Things to know about xUSDT
xUSDT Pools
Multiply USD Yield
8.8%
Yield
$16M
TVL
Risk
C
Protocol
Multipli
Chain
Ethereum