The Good Tech Companies - Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built for Transparent Yield

Episode Date: April 28, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/solstice-labs-announces-upcoming-usx-launch-a-solana-native-stablecoin-built-for-transparent-yield. Backed by Deus X Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100M in committed TVL, bringing permissionl Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #solstice-labs, #chainwire, #press-release, #solstice-labs-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Solstice Labs, backed by $1 billion digital asset investment firm, announces USX, a stablecoin purpose-built for sustainable yield on Solana. USX offers permissionless access to a native yield protocol that has over $100 million in committed total value locked (TVL) Users are able to lock USX into Solstice’s YieldVault to access real-time returns generated through off-chain funding-rate arbitrage.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Solstice Labs announces upcoming USX launch, a Solana native stablecoin built for transparent yield, by Chainwire. Dubai, UAE, April 28, 2025, Chainwire, asterisk backed by Deus Ex Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100 million in committed TVL, bringing permissionless Delta Neutral returns to Solana from day one. Solstice Labs, an on-chain asset manager backed by $1 billion digital asset investment firm Deus Ex Capital, today announced USX, a stablecoin purpose built for sustainable yield on Solana.

Launching this summer, USX offers permissionless access to a native yield protocol that has over $100 million in committed total value locked, TVL, providing users access to institutional grade returns through automated delta-neutral trading strategies. Designed for both institutions and everyday users, USX is a synthetic stable coin optimized for performance on Solana. The USX peg is maintained by the one-to-one collateralization of fiat-backed stablecoins, such as USDC and USDT, and partnerships with some of the biggest market makers and liquidity providers in the industry. Users are able to lock USX into Solstice's yield vault to access real-time returns generated through off-chain funding rate arbitrage and dynamically hedged staking yield strategies, leveraging a

three-year track records howing 19.2% average over the last 12 months and protected by a dedicated insurance fund. Greater than, we've seen the same dynamic repeat in crypto. Defy yields are constantly greater than over-engineered, opaque or reserved for institutional players," said Ben Nadoreski, CEO and co-founder of Solstice Labs. USX is designed at its core greater than to change this by simplifying competitive yields in a transparent and greater than sustainable way. All stablecoin users should have the opportunity to capture greater than the yield that larger protocols keep to themselves while not giving up utility greater than in the base asset. That's the promise of DeFi, and that's what we're building greater than at Solstice.

The Solana stablecoin for everyone Solana has quickly emerged as one of the fastest growing stablecoin ecosystems, expanding its share of stablecoin liquidity from 2.5% to 5.4% in just two months at the time of publication. But while the chain has become a hub for stable coin velocity, especially in MEV, arbitrage, and order book style trading, it still lacks a dominant Solana native stable coin built for yield. USX is designed to fill that gap, purpose built for Solana's low-latency, high-throughput infrastructure. As stablecoin transfer activity increasingly shifts from centralized exchanges to trading-driven DeFi applications, USX positions Solana at the forefront of capturing new on-chain capital via yield native stable assets. USX's launch

is supported by a growing network of infrastructure, security, and liquidity partners to enable off-exchange settlement solutions, expanding Thestablecoin's utility across both centralized and decentralized exchanges. Built by the team behind Solstice STAKING USX and its protocol are part of the Solstice umbrella, which also includes Solstice Staking AG, after a recent acquisition. Solstice Staking AG, after a recent acquisition. Sallstice Staking is one of the most trusted staking operations in the industry, currently securing $1 billion plus in staked assets. 9,000-plus validator nodes.

100% renewable energy-powered infrastructure. 99. 99% uptime for institutional reliability. With a track record-rooted instability, S Solstice is now focused on creating the next evolution of DeFi, one where transparency, performance, and access go hand-in-hand. Coming Summer 2025 USX will officially launch in Summer 2025, with early access and beta incentives for all users to be announced in the coming weeks. For updates, users can visit https://salstislabs.io or follow at Salstis underscore io. Meet the team this week in Dubai during Token 2049 at the Solana Mega Mixer, co-hosted by

Salstis Labs and The Solana Superteam. About Salstis Labs Salstis Labs AG, a Deus Ex enterprise company, in partnership with the Solstice Foundation is reimagining financial asset management for the on-chain era. Solstice's protocol leverages a registered approved manager to offer institutional grade products to investors. Key products include USX, Asol a native stablecoin alongside Solstice's Yield Vault, a democratized yield-bearing protocol that allows participants to access institutional-grade delta-neutral yields. Bolstering the group's crypto credentials, Solstice Labs AG also operates Solstice Staking

AG, one of the most trusted infrastructure providers in the industry, securing over $1 billion in assets across 9,000-plus validator nodes. Users can learn more at https://salstislabs.io and follow at Salstis underscore eo. About Deus Ex Capital Deus Ex Capital is a specialist investment and operating company focused on private equity, venture capital, and venture-build opportunities in the capital markets, fintech, and digital assets sectors.

Deus Ex has more than $1 billion in assets under management and its unique expertise, extensive network, and diverse e-capabilities to foster lasting value within the financial technology sector. Contact Leslie Turmullenpress at solstice labs.io.tip.n Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.