# Basis Yield ETH Index (bye)

> The Basis Yield ETH Index from Galleon automates a perpetual basis trading strategy that returns a price-neutral, levered high yield index to those that hold the token. Built using Set’s integration with Perpetual Protocol on Optimism, BYE contains a fully hedged 2x ETH position, with equivalent spot exposure and short exposure via perps. Holders of BYE will earn a USDC-denominated yield when the funding rate is positive while removing exposure to the price volatility of the underlying asset.

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: N/A
- **Total Supply**: 17.507 bye

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: optimism

## Resources

- [Website](https://www.tokensets.com/v2/set/optimism/0x927Eb0dBC5c3FD172Fdfa72D563f71612eCB6122)
- [Discord](https://discord.gg/galleondao)
- [Coingecko](https://www.coingecko.com/en/coins/basis-yield-eth-index)

## Links

- [View on Zerion](https://app.zerion.io/tokens/bye-0x927eb0dbc5c3fd172fdfa72d563f71612ecb6122)
- [Trade on Zerion](https://app.zerion.io/tokens/bye-0x927eb0dbc5c3fd172fdfa72d563f71612ecb6122)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset