AMDx — Advanced Micro Devices tokenized stock yield
AMDx is the xStocks token that tracks Advanced Micro Devices on Solana, and it currently pays through 1 of the five channels this page tracks. The headline is the delta-neutral funding position — hold AMDx spot, short the AMD perp on Hyperliquid — currently negative after fees (-3.38%) — not a trade today, and this page says so rather than hiding the row.
The funding leg
Earning on AMD — without the price risk.
The position: buy AMDx here (spot, in your own wallet), short the same size of AMD perp on Hyperliquid. The stock's moves cancel between the two legs; what is left is the funding the short collects. Right now that nets -3.38%annualized after both venues' taker fees at a seven-day hold, and the round-trip fees are earned back in about 11.3d.
| Venue | Funding / period | 8h basis | Annualized | Open interest |
|---|---|---|---|---|
 Hyperliquidthe short leg | +0.0006%every 1h | +0.0050% | +5.5% | $13.36M |
 Polymarket | +0.0006%every 1h | +0.0050% | +5.5% | $395.00K |
 Nado | +0.0006%every 1h | +0.0046% | +5.1% | $175.67K |
 Lighter | +0.0004%every 1h | +0.0032% | +3.5% | $366.51K |
 Aster | +0.0000%every 8h | +0.0000% | +0.0% | $103.03K |
 Binance | +0.0000%every 8h | +0.0000% | +0.0% | $8.99M |
 Bitget | +0.0000%every 8h | +0.0000% | +0.0% | $1.97M |
 Variational | +0.0000%every 8h | +0.0000% | +0.0% | $871.96K |
A positive rate means longs pay shorts — the delta-neutral position collects it. Rates are each venue's own funding period, restated on an 8-hour basis so they compare; funding is a floating rate and can flip before it has paid the fees back. Advanced Micro Devices's underlying market is closed right now, so the annualized APR above is unreliable — it projects the current funding across a full year no one can collect while trading is halted. The full funding read on the underlying is on the AMD coin page.
FAQ
AMDx, answered
What yield does AMDx pay right now?
Through 1 channel: delta-neutral funding at -3.38% net APR (short the perp on Hyperliquid). Every number is live from the venue quoting it and refreshes with the page; the routes to act on each are one click away above.
What is AMDx?
AMDx is a tokenized stock from the xStocks program: an SPL token on Solana that tracks Advanced Micro Devices (AMD), backed one-for-one by the underlying shares held by the issuer. It trades around the clock on Solana venues even when the stock market is closed, and dividends the underlying pays are reinvested as additional tokens rather than paid out. Its mint address is XsXcJ6GZ9kVnjqGsjBnktRcuwMBmvKWh8S93RefZ1rF.
How does the delta-neutral yield on AMD work?
Hold AMDx spot and short the same size of AMD perpetual on Hyperliquid. The two legs cancel the stock's price moves, so what remains is the funding rate the short side collects — currently -3.38% annualized net of both venues' taker fees at a seven-day hold, with the round-trip fees earned back in about 11.3d. Funding floats: it can compress or flip sign, which is why the venue table on this page shows every quote, not just the best one.
What are the risks of earning yield on AMDx?
Each channel carries its own. The delta-neutral position hedges price but not a funding flip or a venue failure; lending and LP add smart-contract risk, and LP adds impermanent loss when AMD moves against the quote asset; a Pendle fixed rate is only fixed when held to expiry. Underneath all of them sits the token itself: AMDx is an issuer-backed wrapper, so you hold issuer and custody risk that a plain share does not have. Nothing on this page is investment advice — it is the live numbers, side by side.