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  • stETH Dragon
  • stETH Elephant
  • stETH Whale
  • ETH Dragon
  • ETH Elephant
  • ETH Whale
  • USDC Dragon
  • USDC Elephant
  • USDT Dragon
  • USDT Elephant
  • WBTC Dragon
  • WBTC Elephant
  • DAI Dragon
  • DAI Elephant
  • USDe Elephant
  • USDe Whale
  • Pendle Ether.fi-YT Tiger (26SEP24 Maturity)
  • Pendle Ether.fi-YT Tiger (26DEC24 Maturity)
  1. Products
  2. Backtesting

Backtesting Appendix (DC)

Dual Currency

PreviousBacktesting Appendix (FCN)NextBacktesting Appendix (SFN)

Last updated 10 months ago

The legend below indicates the historical incidence of conversion or no conversion during a 27 day period.

  • Dark green: No conversion occurs.

  • Light green: Conversion occurs but no impact to net P&L.

  • Light gray: Conversion occurs and the impact to net P&L (due to diluted upside) is less than median.

  • Dark gray: Conversion occurs and the impact to net P&L (due to diluted upside) is more than median.

The median P&L impact due to diluted upside is calculated and noted beside the red boxes above the probability bar chart. The median P&L gain can be found next to the green boxes above the bar chart.

stETH Dragon

stETH Dragon has a 59% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

stETH Elephant

stETH Elephant has a 66% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

stETH Whale

stETH Whale has a 88% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

ETH Dragon

ETH Dragon has a 61% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

ETH Elephant

ETH Elephant has a 69% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

ETH Whale

ETH Whale has a 92% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

USDC Dragon

USDC Dragon has a 82% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

USDC Elephant

USDC Elephant has a 95% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

USDT Dragon

USDT Dragon has a 82% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

USDT Elephant

USDT Elephant has a 95% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

WBTC Dragon

WBTC Dragon has a 52% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

WBTC Elephant

WBTC Elephant has a 64% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

DAI Dragon

DAI Elephant has a 82% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

DAI Elephant

DAI Elephant has a 95% probability of no conversion (backtesting data Jan 2023 - Jan 2024).

USDe Elephant

USDe Elephant has a 63% probability of no conversion (backtesting data Feb 2024 - April 2024).

USDe Whale

USDe Elephant has a 100% probability of no conversion (backtesting data Feb 2024 - April 2024).

Pendle Ether.fi-YT Tiger (26SEP24 Maturity)

Pendle Ether.fi-YT Tiger with 26SEP24 maturity has a 100% probability of no conversion (backtesting data Feb 2024 - April 2024).

Pendle Ether.fi-YT Tiger (26DEC24 Maturity)

Pendle Ether.fi-YT Tiger with 26DEC24 maturity has a 88% probability of no conversion (backtesting data Feb 2024 - April 2024).

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