Cardinal introduces Yield Perp for BTC-driven yield farming

October 27, 2026

New protocol Cardinal has been unveiled, with its first product — the Yield Perp — described as enabling "7+ digit" yield farming driven by BTC price action. The introduction was shared via the official Arbitrum account, which retweeted Cardinal's announcement to its audience.

Positioned as a yield-farming instrument built around BTC price exposure
No details on the deployment network, product mechanics, supported collateral or fees were included in the announcement

Sources

RT @cardinal_labs: Introducing Cardinal. Our first product, the Yield Perp, enables 7+ digit yield farming using BTC price action. Powered…x.com ↗

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Cardinal introduces Yield Perp for BTC-driven yield farming — Outposts