Asset Coverage (/)
Purpose: A screener for institutional-grade yield-bearing collateral assets. The page answers the questions a fixed-income analyst asks before approving a collateral type: who is the issuer, what is the yield source, what is the risk-adjusted return history, and how does it compare to risk-free rates.
ISR revalidation: 60 minutes.
AssetsTable
The primary component is an expandable, sortable table. Each row represents one yield-bearing token; expanding a row reveals a narrative description of the yield mechanism and links to relevant external sources.
Denomination filter (USD / ETH): Switches the visible rows and the yield history chart between USD-denominated assets (sUSDe, sUSDS, syrupUSDC, syrupUSDT, reUSD) and ETH-denominated assets (wstETH, weETH, rETH). A risk officer building a USD book and one building an ETH book are looking at different opportunity sets.
Sortable columns:
| Column | Description |
|---|---|
| Ticker | Asset symbol |
| Issuer | Protocol or entity |
| APY 30d | Trailing 30-day realised APY (see Metric Methodology) |
| 1M | 1-month realised return |
| YTD | Year-to-date realised return |
| 1Y | Trailing 1-year realised return |
| Market Cap | Token supply in USD |
| Underlying | Underlying asset supply in USD |
Row expansion: One row opens at a time. The expanded panel contains a "YIELD MECHANISM" narrative explaining how the asset earns yield (e.g. sUSDe earns from funding rates on a delta-neutral perpetual basis trade), reference links, and a "Full credit memo coming soon" placeholder. Deep-linking is supported via the ?asset=TICKER query parameter.
YieldHistoryChart
A Recharts ComposedChart showing trailing-30d APY per asset over time, with SOFR overlaid as a dashed line for risk-free comparison.
Time-range pills: 3M, 6M, 1Y, 3Y, ALL. Each filters the dataset to that trailing window and recalculates tick spacing.
Y-axis scale:
- USD assets use a logarithmic scale because sUSDe's funding-rate spikes (sometimes exceeding 50% annualised) would compress stablecoin lending rates into illegibility on a linear scale.
- ETH assets use a linear scale because LST/LRT yields are tighter in range.
Legend toggle: Clicking a legend entry hides or shows that asset's series, allowing direct comparison of any subset.
SOFR line: The SOFR 30-day rolling average is overlaid on USD denomination views only, providing the risk-free baseline against which the carry of each asset can be read visually.
Color mapping:
| Asset | Color |
|---|---|
| sUSDe | #5DC7E9 (cyan) |
| sUSDS | #6FCF97 (green) |
| syrupUSDC | #E6B04A (amber) |
| syrupUSDT | #B98AE6 (purple) |
| reUSD | #E8896F (coral) |
| wstETH | #5DC7E9 (cyan) |
| weETH | #B98AE6 (purple) |
| rETH | #6FCF97 (green) |
| SOFR | #8B98A5 (muted gray, dashed) |