funding feed · sim+8.2% APR
−25%0 · unhedged+75%
Deposit
$3,000 Balance 8.16 ETH
Ξ
Katana Core ETH
Morpho
APY3.1%
You receive0.72 kcETH ($2,250)
Hedge price risk & earn more
Boost your yield up to 9.8% APR — some upside traded for lower price risk.
ETH exposure
Long 1.00 ETH
full price exposure
Hedge coverage100%
0% · keep exposure100% · neutral
Net APR across coverage — dot = you, line = best
Hedge leverage
2× · safeliq +31%10× · max yield
ETH hedged Your ETH bet Margin (earning)
ETH farmed (earning)
Exposure kept
Margin
Liquidation ≈
Funding · ETH-USDEarning
+5.5% APR expected +8.2% 30d avg
±6% vol · 78% of days +
Right now +0.0075% / 8h · earning this moment
Projected earnings
+$70 profitable after ~3 days
After you confirm, a keeper holds the short, tops up margin, and rebalances as your yield accrues. Unwind anytime — closing costs ≈ $2 and returns your margin.
Delta-neutral farming harvests funding + supply yield. Main risk is funding turning persistently negative; margin is yield-bearing (yvAUSD) and price-hedged. Not investment advice.
You deposit into a Morpho vault and receive its ERC-4626 vault shares, which accrue yield as the vault earns. Redeemable 1:1 for the underlying at the current share price. Subject to vault terms and smart-contract risk. Terms.