The market layer
Every page in Yielna carries a live read of the asset behind the pool: what it costs, who is crowded into it, and where leverage has piled up. All of it comes from Liquid's Co-Invest, and all of it only ever reads.
Co-InvestLiquid is a multi-asset trading venue. Alongside it runs Co-Invest, a data and trading interface that exposes what the venue knows about its markets: live pricing, funding, open interest and positioning, liquidation levels, order book depth, technical indicators, and a news feed mapped to assets. It covers crypto perpetuals, tokenised equities and commodities, and HIP-4 prediction markets.
Yielna uses one narrow slice of that. It asks Co-Invest what a market looks like right now and renders the answer next to a yield. It never uses the half of Co-Invest that places orders, manages positions or reads a portfolio, and the connection it holds is read-only, so it could not use that half if it tried.
There is one connection, and it belongs to Yielna. You are not asked to log in to Liquid, link an account, or authorise anything, and there is no per-visitor credential. Everyone reading this page and everyone using the app sees the same market figures, because they all come through the same read-only door.
Yielna reads Liquid; it does not trade there and cannot trade on your behalf. If you want an account of your own, the link below is a referral link belonging to the person who builds Yielna, and it is worth saying so plainly rather than presenting it as a neutral recommendation.
These are the six things the layer surfaces. The definition matters less than the second half of each: what a high or a low value implies for someone about to put money into a pool.
What the asset trades at right now, and how far it has come today.
The least exotic reading on the page, and the one that anchors the rest. A pool paying 12% on an asset that is down 30% this week is not paying 12%. It is paying 12% on a shrinking base, and the yield figure alone will never tell you that.
The periodic payment that flows between long and short traders on a perpetual market, and which side is paying.
Funding is the market's own measure of crowding. Strongly positive means longs are paying shorts to keep their position open, which is what happens when the long side is packed. Strongly negative is the same in reverse. Near zero means neither side is under pressure. A yield opportunity built on an asset with deeply skewed funding is being priced for a market that a lot of people are already leaning on.
How open interest is split between long and short, and how one-sided that split has become.
Related to funding but not the same thing. Funding tells you what crowding costs; positioning tells you how much of it there is. A market that is heavily one-sided has an asymmetry built into it: the crowded side has more to unwind if it is wrong, and unwinding is what turns an ordinary move into a fast one.
The price levels where a meaningful volume of leveraged positions would be forcibly closed.
The most useful and the most misread of the four. A cluster is not a prediction that price will go there. It is a map of where a move would stop being gradual, because forced closes add supply or demand exactly when there is least of it on the other side. Knowing a wall sits four per cent below is context for how much room a position has, not a signal to take one.
Candlestick history across a timeframe you choose, plus the standard technical set: RSI, MACD, moving averages.
Included because people ask for them and because they are cheap to read once the data is already there. They describe what has happened. Yielna does not interpret them for you and does not roll them into a score.
Recent market headlines, mapped to the assets and themes they touch.
Numbers tell you that something moved. Headlines are often the fastest way to find out why, and having them attached to the asset rather than in a separate feed is the difference between checking and not bothering.
The layer is not a page you visit. It is a set of readings attached to assets, and it surfaces wherever an asset appears, which is almost everywhere.
The live price and 24-hour move sit directly beside the APY, and the funding and positioning read for the underlying asset is one glance further down. This is the whole thesis of the product in one layout: the yield and the conditions that produced it, on the same screen, at the same moment.
Movement arrives annotated. Rather than a bare percentage, an entry carries the market context that explains it, so scanning the feed tells you what changed and roughly why without opening anything.
When two pools are put head to head, the comparison includes their market conditions and not only their headline rates. Two pools paying the same can be very different propositions once funding and positioning are in the frame.
The direct route. Type an asset and get its readings back immediately, without navigating to a page that happens to contain them.
The chatbox takes a question in ordinary language and answers from live data. It tolerates typos and understands a decent range of phrasings, so the exact wording below is illustrative rather than a required syntax.
The chatbox is not a language model. It matches what you type against a set of known questions and answers them from live data. It will not hold a conversation, reason about a novel question, or invent an answer it does not have.
That is a deliberate trade, and the right one for the subject. Every number it gives you came from a real reading rather than a plausible sounding guess, and when it has nothing it says so instead of producing a fluent sentence about somebody's money.
The readings come from assets that trade on Liquid. Plenty of DeFi tokens do not, and for those there is genuinely no funding, positioning or liquidation data in existence to show.
When that happens the app says so. Where a wrapped or staked token is read through its underlying market, such as sUSDS read through USDS, the page labels it as a substitution rather than passing it off as the token's own data. A blank is honest; a neighbour's numbers with your token's name on them is not.
None of this is advice, and none of it is a forecast. Funding, positioning and liquidation clusters describe conditions that exist right now. They do not say what happens next, and Yielna deliberately never compresses them into a score or a recommendation.
The intended use is narrow and useful: before you commit to a yield, look at whether the market underneath it is calm or crowded. What you conclude from a crowded one is yours to conclude.
Open the dashboard, pick a pool, and see what the market layer says about the asset behind it.
Open the app