Stop Parking Your Yield Tokens.
#ETHFI runs the largest liquid restaking protocol in crypto. eETH holders earn validator yield, restaking yield, and AVS rewards through a single tokenized position.
#ENA is the largest synthetic dollar in crypto. sUSDe holders earn delta-neutral funding rate yield through a single wrapped token.
Both communities are doing the same thing right now. Holding the token. Watching APY accrue. Doing nothing else with it.
A $1M sUSDe position earns roughly $100K a year sitting in a wallet. The same $1M as USDC margin on any other derivatives venue backs a trading position but earns zero. You can either harvest the native yield or trade with the capital. Never both.
Paradex fixes that.
Yield bearing assets accepted as productive collateral. sUSDe and eETH back positions while continuing to earn their native APY. Same dollar, two jobs simultaneously.
Native yield on the asset plus position alpha on top of it.
The capital efficiency is structural. The token does not stop earning when you trade. The strategy does not require unwrapping. Onchain settlement keeps both yields stacked.
ETHFI tokenized restaking yield. ENA tokenized funding rate yield.
Paradex makes either one productive collateral.