Deposit BTC to your Delta wallet.
Enable ‘Earn Interest’ functionality
Start earning interest on your unutilized balances automatically
Unutilized funds of users that opt in the interest earning program will be deployed in yield generation activities. These include lending these balances to empanelled market markers on Delta among other things.
As of now, only your BTC ‘Available Balance’ will earn interest. ‘Available Balance’ is equal to your Wallet Balance minus margin blocked in open positions and orders.
Moreover, We plan to enable interest on USDT balances in the near future.
Part of your funds that are being used as margin for open positions and open orders do not earn interest. The remainder of your funds do. So, you can continue trading normally, while earning interest on any unutilized balances automatically.
There is no requirement to lock funds to earn interest. Once you opt in, your unutilized funds will earn interest automatically. You are free to trade or withdraw your funds at any time.
Yes. Delta Exchange reserves the right to change the interest rates being offered at any time, without any prior notice. Eventually, interest rates will be driven by supply-demand dynamics.