Daily Market Signal

Funding Mirage Index

How much of today's advertised yield is likely to survive clean-core adjustments?

healthy
29%

Most funding yield is real.

Only 71% survives reality

Check Mirage before trading funding.
Last updated: Mar 28, 2026, 05:07 PM
What Changed Today

Healthy mirage levels. Most yields are reliable.

Drivers
  • YGG funding overcrowded
  • YFI funding overcrowded
  • XLM funding overcrowded

Market conditions are healthy. Most yields are reliable.

Market Interpretation

healthy Conditions

Most funding yield survives reality.

What this means
  • Yields are generally reliable as advertised
  • Lower risk of execution slippage from crowding
  • Survivable APR estimates are more trustworthy
Top Mirage Today
1
YGG
OKX
50%
2
YFI
OKX
50%
3
XLM
OKX
50%
Assets with highest mirage component
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Most funding yield is real.

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Funding looks high. Reality says otherwise. Most funding yield is real. Mirage Index: 29%

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Methodology

How the Mirage Index is Calculated

Aggregate Analysis

Computes average mirage component across all tracked funding opportunities.

Adjusted vs Headline

Compares advertised APR against what remains after clean-core adjustments.

Daily Refresh

Updated daily to reflect current market crowding and yield conditions.

The Mirage Index is derived from FYOS prediction and validation layers. Not financial advice.

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