Pyth Rates.US3M, publishing the annualized 3-month Treasury yield every block.
Market Type
Pure-Yield Perp (r_fix = 0). Longs perpetually stream the live T-Bill coupon.
Use Cases
LONG: Earn the T-Bill yield without buying the bond; speculate on rising rates.
SHORT: Hedge a real T-Bill portfolio; speculate on Fed cuts; hedge yield-bearing stablecoins.
Target Users
Retail Traders, DAO Treasuries, Yield-Bearing Stablecoin Issuers.