10/28/2022 - Clipper Tricrypto-LINK-OP Market Making has a 30d APY of 36.19%, a TVL of 824,032, and an Exponential Risk Rating of C. This pool facilitates trades between WBTC, ETH, LINK, OP, USDC, USDT and DAI.

Clipper Tricrypto-LINK-OP Market Making on Optimism (USDT, USDC, ETH, WBTC, OP, LINK)

This pool facilitates trades between WBTC, ETH, LINK, OP, USDC, USDT and DAI. Your yield is generated from swap fees paid by traders when an exchange happens.

USDT is a centralized stablecoin backed by USD reserves held by Tether.

USDT

USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

USDC

ETH is the native currency of the Ethereum chain used for gas fees and security.

WBTC is a DeFi-compatible version of BTC backed by BTC reserves held by a licensed custodian (BitGo).

WBTC

OP is the native currency of the Optimism chain, a Layer-2 network built on top of Ethereum. It is used for governance of the Optimism Collective.

LINK is the governance and utility token of the Chainlink protocol.

LINK

This pool serves as a rebalancing index fund that automatically swaps between BTC, ETH, LINK, OP and USD to earn yield over time

Investment Strategy

Fundamentals

Economics

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Code quality of the underlying smart contracts

Clipper

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Optimism

Chain Design

Pool Fundamentals

Reflects how exposed the pool is to leverage or undercollateralized assets for lending protocols

Clipper Tricrypto-LINK-OP Market Making

Collateralization & Leverage

The potential loss incurred when investing in a liquidity pool versus holding the assets separately outside the pool

Impermanent Loss

Assessment of yield sustainability due to organic market demand or high incentives

Yield Outlook

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Economics

Something that shows up when you hover over the (i) icon

Yield Source

Your yield consists of trading fees from the buying and selling of WBTC, ETH, LINK, OP, USDC, USDT and DAI on the Optimism blockchain

This pool has not been receiving any protocol incentives to encourage user deposits