New updated mega-thread on 𝑦𝑖𝑒𝑙𝑑-𝑏𝑒𝑎𝑟𝑖𝑛𝑔 stable loops (from highest to lowest Open Interest): 🧵👇 1️⃣ srUSD by @reservoir_xyz ($15.3M OI) → Bearing yield comes from T-bills as well as defi lending and delta-neutral strategies (currently ~6.7%).

2️⃣ sUSDe by @ethena_labs ($9.2M OI) → Bearing yield is generated primarily through delta-neutral strategies involving staked ETH and perpetual futures (currently ~4%).

3️⃣ slvlUSD by @levelusd ($3.7M OI) → Bearing yield is generated from USDC and USDT reserves deployed into in lending protocols (currently ~5.3%).

4️⃣ syrupUSD by @maplefinance ($2.3M OI) → Bearing yield comes from fixed-rate, overcollateralized loans to institutional borrowers (currently ~6.3%)

6️⃣ sexyDAI by @gnosischain ($1.3M OI) → Bearing yield comes from the xDAI bridge earning the DSR (currently ~5.22%).

csUSDL by @0xCoinshift ($1.2M OI) → Bearing yield comes from T-bills and onchain returns via Morpho Blue (currently ~4.4%).

wstUSR by @ResolvLabs ($1.12M OI) → Bearing yield comes from ETH staking and funding fees (currently ~5.9%).

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