Algorithmic stablecoin DEBUNKED (Terra UST)
YieldN/A
Terra UST collapse May 2022; algorithmic stables (DEBUNKED for trustless)
Source: DEBUNKED
DAI peg trade
YieldNeutral
DAI usually $1±0.1%; trade depeg in stress events
Source: DAI
FRAX hybrid stable
YieldLong Frax
FRAX hybrid algorithmic stablecoin; staking yield
Source: Frax
GHO peg trade
YieldNeutral
Aave GHO often trades < $1; arb redemption mechanic
Source: Aave
LUSD redemption arb
YieldNeutral
Redeem LUSD for ETH at face; arb if LUSD trades < $1
Source: Liquity
USDC depeg crisis trade (Mar 2023)
YieldLong USDC
USDC SVB depeg to $0.87; quick recovery to $1.00; pre-positioned bought back
Source: Crisis Lesson
USDC supply on Aave/Compound
YieldLong Lend
Park USDC for 3-7% APY
Source: Stablecoin
USDD peg arb (Tron)
YieldNeutral
USDD volatile peg; speculative arb
Source: USDD
USDT-USDC peg arb
YieldNeutral
Trade USDT-USDC depeg events; usually <0.5% spread
Source: Peg
USDe/sUSDe yield-bearing
YieldLong sUSDe
Stake USDe earn delta-neutral basis-trade yield 8-30% APY
Source: Ethena
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.