> For the complete documentation index, see [llms.txt](https://perena.gitbook.io/perena/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://perena.gitbook.io/perena/products/yield-bearing-risk-assets.md).

# Yield Bearing Risk Assets (BTC\*, SOL\*, etc.)

Yield bearing risk assets allow users to keep price exposure tied to a given risk asset, while deriving yield from USD\* underneath.

### Explore yield bearing risk assets

* [How it works](/perena/products/yield-bearing-risk-assets/how-it-works.md)
* [Strategies](/perena/products/yield-bearing-risk-assets/strategies.md)
* [Yield Carry](/perena/products/yield-bearing-risk-assets/yield-carry.md)
* [Redemptions](/perena/products/yield-bearing-risk-assets/redemptions.md)
* [Fees](/perena/products/yield-bearing-risk-assets/fees.md)

{% hint style="warning" %}
Strategy performance is not guaranteed. SOL\* and BTC\* can lose value.
{% endhint %}