Trade Dashboard
Last updated
Last updated
On the trade tab you can select any Utopia token and get the entire info related to that token. It shows you the Utopia token’s performance over time which relates to the profit generated by the underlying defi pool. Along with the general category of the Utopia Token, it also shows you some important metrics such as:
Estimated Annual Target – The target that the yield optimizer is expected to reach.
Underlying Assets – The exposure of underlying assets in the respective DeFi strategy represented by the Utopia token.
TVL – It relates to the total value of the assets locked into the DeFi Primitive.
Platform – The Daap that the DeFi pool is based on. (Helps in understanding the risk exposure to the user)
Vault APR – APR stands for Annual Percentage Rate of the yield from the DeFi instrument.
Vault APY – APY stands for Annual Percentage Yield of the Defi instrument. While APR and APY may seem similar, there is a key difference between the two. APR does not take into account the effect of compounded yield, while APY does.Compound Yield is the yield that is earned on original rewards that is reinvested into the DeFi instrument.
Trading APR – This is the raw fees generated from underlying DeFi pool for example the swap fees, borrow fees, etc.
With the goal of bridging the CeFi user experience to DeFi one of the important challenges was making the underlying strategy and their associated risk more transparent for average users. Since it’s DeFi everything is open and transparent where the users can go to the contract and audit it themselves. However this is really not feasible for 99% of the DeFi participants, especially the new ones entering in the space. With this in mind and the goal to help the users and create the best user experience, Utopia came up with their Risk Details tab for every DeFi pool that is underneath the respective Utopia Token.
The risk details dialog box shows you the risk of the underlying DeFi primitive and assigns them a grade along with their colour code which can be a useful tool for investors or users. This type of information can help individuals make informed decisions about their investments, and can potentially help them avoid losses or maximise their returns.
One of the ways that this information is useful is because it provides the investors with a clear picture of the level of risk associated with different DeFi pools represented by the Utopia token . By assigning a grade to each investment, Utopia helps the investors to quickly and easily compare the risks of different DeFi primitives available out there. This can be especially helpful for individuals who are new to investing, or who may not have a lot of experience in analysing the risks of different DeFi pools.
Another way this information helps is by providing the user with a better understanding of the potential rewards of the DeFi Yield Optimizer underneath. By showing the risk level of each strategy, Utopia helps users determine whether the potential yield of an investment is worth the associated risks. This can help DeFi participants, especially the novice ones make more informed decisions about where to invest their money, and can potentially help them avoid DeFi pools that may not be a good fit for their risk exposure or financial goals.
