Liquidity pools and lending platforms are closest to what you are asking for here (though they are very much not risk-free)
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A lending platform like Compound is much more straightforward, can just deposit stablecoins and earn yield (like 6-10% at the moment I think) and your risk is that a big price drop wipes out margin traders and they can’t pay you back, so it looks a lot like HY credit exposure
Likely that @therobotjames or @robertmartin88 may have something useful to add
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I humbly pass the baton to
@saah1lk -
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