Collateral is part of the trade 👇
Yield markets around $PENDLE and $AERO changed how I think about capital that sits idle, but in derivatives, traders usually judge a venue by its markets, execution, and fees while paying less attention to the collateral underneath every position.
That collateral can stay committed for days or weeks, creating an opportunity cost even when the trade itself is working.
The position may be active, but the capital backing it can still be doing nothing.
Aevo addresses that layer through aeUSD, its yield-bearing collateral built around sDAI through Spark.
It carries the same collateral factor as USDC while continuing to earn yield as it backs open trades.
For me, capital efficiency also includes what the collateral does while the trade is open.
If the capital has to sit there anyway, I would rather it keep working on Aevo 🌟
Yield markets around $PENDLE and $AERO changed how I think about capital that sits idle, but in derivatives, traders usually judge a venue by its markets, execution, and fees while paying less attention to the collateral underneath every position.
That collateral can stay committed for days or weeks, creating an opportunity cost even when the trade itself is working.
The position may be active, but the capital backing it can still be doing nothing.
Aevo addresses that layer through aeUSD, its yield-bearing collateral built around sDAI through Spark.
It carries the same collateral factor as USDC while continuing to earn yield as it backs open trades.
For me, capital efficiency also includes what the collateral does while the trade is open.
If the capital has to sit there anyway, I would rather it keep working on Aevo 🌟
