1
Pull the candidates
2
Keep only positive-carry markets
Where the
leverageLadder rises with leverage — those are the ones where leverage helps. Markets whose ladder goes negative are best at 1x only.3
Filter on safety
Prefer
oracle.type === "nav" (immune to DEX depegs) and deep exitLiquidity (low, flat slippagePct across sizes). Check ltvPct.liquidation headroom.4
Confirm with a simulation
What “best” looks like
For a yield profile, the standout is usually a positive-carry,nav-oracle stable pair with deep exit liquidity — where every extra turn of leverage adds APY and the dominant risk is simply whether the collateral holds its peg.