Dubai, UAE, April twenty eighth, 2025, Chainwire
Backed by Deus X Capital, Solstice will debut USX this summer season alongside a local yield protocol launching with over $100M in dedicated TVL, bringing permissionless delta-neutral returns to Solana from day one.
Solstice Labs, an onchain asset supervisor backed by $1 billion digital asset funding agency Deus X Capital, at this time introduced USX, a stablecoin purpose-built for sustainable yield on Solana. Launching this summer season, USX affords permissionless entry to a local yield protocol that has over $100 million in dedicated whole worth locked (TVL), offering customers entry to institutional-grade returns via automated delta-neutral buying and selling methods.
Designed for each establishments and on a regular basis customers, USX is an artificial stablecoin optimized for efficiency on Solana. The USX peg is maintained by the 1:1 collateralization of fiat-backed stablecoins, resembling USDC and USDT, and partnerships with a number of the greatest market makers and liquidity suppliers within the business. Customers are capable of lock USX into Solstice’s YieldVault to entry real-time returns generated via off-chain funding-rate arbitrage and dynamically hedged staking-yield methods, leveraging a 3-year monitor file exhibiting 19.2% common over the past 12-months and guarded by a devoted insurance coverage fund.
“We’ve seen the identical dynamic repeat in crypto: DeFi yields are continually over-engineered, opaque or reserved for institutional gamers,” mentioned Ben Nadareski, CEO and Co-Founding father of Solstice Labs. “USX is designed at its core to alter this by simplifying aggressive yields in a clear and sustainable manner. All stablecoin customers ought to have the chance to seize the yield that bigger protocols preserve to themselves whereas not giving up utility within the base asset. That’s the promise of DeFi, and that’s what we’re constructing at Solstice.”
The Solana Stablecoin for Everybody
Solana has rapidly emerged as one of many fastest-growing stablecoin ecosystems, increasing its share of stablecoin liquidity from 2.5% to five.4% in simply two months, on the time of publication. However whereas the chain has develop into a hub for stablecoin velocity, particularly in MEV, arbitrage, and orderbook-style buying and selling, it nonetheless lacks a dominant Solana-native stablecoin constructed for yield.
USX is designed to fill that hole, purpose-built for Solana’s low-latency, high-throughput infrastructure. As stablecoin switch exercise more and more shifts from centralized exchanges to trading-driven DeFi purposes, USX positions Solana on the forefront of capturing new onchain capital by way of yield-native secure belongings.
USX’s launch is supported by a rising community of infrastructure, safety, and liquidity companions to allow off-exchange settlement options, increasing the stablecoin’s utility throughout each centralized and decentralized exchanges.
Constructed by the Staff Behind Solstice Staking
USX and its protocol are a part of the Solstice umbrella, which additionally consists of Solstice Staking AG, after a latest acquisition. Solstice Staking is without doubt one of the most trusted staking operations within the business, at present securing:
$1B+ in staked belongings
9,000+ validator nodes
100% renewable energy-powered infrastructure
99.99% uptime for institutional reliability
With a monitor file rooted in stability, Solstice is now targeted on creating the following evolution of DeFi; one the place transparency, efficiency, and entry go hand in hand.
Coming Summer time 2025
USX will formally launch in Summer time 2025, with early entry and beta incentives for all customers to be introduced within the coming weeks. For updates, customers can go to https://solsticelabs.io/ or comply with @solstice_io. Meet the staff this week in Dubai throughout Token2049 on the Solana Mega Mixer, co-hosted by Solstice Labs and the Solana Superteam.
About Solstice Labs
Solstice Labs AG, a Deus X Enterprise firm, in partnership with the Solstice Basis is reimagining monetary asset administration for the onchain period. Solstice’s Protocol leverages a registered accredited supervisor to supply institutional-grade merchandise to buyers. Key merchandise embody USX, a Solana-native stablecoin alongside Solstice’s YieldVault, a democratized yield-bearing protocol that permits individuals to entry institutional-grade delta-neutral yields.
Bolstering the group’s crypto credentials, Solstice Labs AG additionally operates Solstice Staking AG, one of the vital trusted infrastructure suppliers within the business, securing over $1 billion in belongings throughout 9,000+ validator nodes.
Customers can study extra at https://solsticelabs.io and comply with @solstice_io.
About Deus X Capital
Deus X Capital is a specialist funding and working firm targeted on personal fairness, enterprise capital, and enterprise construct alternatives within the capital markets, fintech, and digital belongings sectors. Deus X has greater than $1bn in belongings beneath administration and its distinctive experience, in depth community, and various capabilities to foster lasting worth inside the monetary expertise sector.
Contact
Leslie Termuhlen[email protected]
