# Everlong Everlong produces sustainable yield denominated in the deposit asset, with the entire position wrapped in a composable ERC-4626 token that can be deployed throughout DeFi. Unlike traditional products, Everlong does not rely on external capital to form liquidity. Instead, it creates the counter-asset internally, allowing users to remain fully long while earning yield. Everlong sits at the intersection of two structural problems in DeFi: * the lack of sustainable, asset-denominated yield for long holders * the expense of sourcing efficient stablecoin liquidity, which has historically capped CDP growth It solves both simultaneously by turning passive holdings into productive liquidity that scales with the position itself. ### **Why Everlong** Since 2021, liquidity-provisioning has stagnated because the yield has not out-performed holding the individual assets separately. LPs face both impermanent loss and losses versus re-balancing, making participation increasingly unattractive.

https://defillama.com/protocols/dexs

However, lending has continued to grow, demonstrating that there is demand for yield denominated in the deposit asset.
Everlong turns BTC into productive liquidity without sacrificing exposure to the underlying asset. It creates a new primitive for yield, offers composability for the depositor and productive liquidity wherever it is deployed. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.foreverlong.io/everlong.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.