Market makers and arbitrageurs extract hundreds millions every year. For the first time, we’re giving this edge back to the community — and turning it into a new category of yield-bearing money.

Market makers and arbitrageurs extract hundreds millions every year. For the first time, we’re giving this edge back to the community — and turning it into a new category of yield-bearing money.

Market makers and arbitrageurs extract hundreds millions every year. For the first time, we’re giving this edge back to the community — and turning it into a new category of yield-bearing money.

Solution

Solution

Solution

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Security Icon
Strategies

Tokenize high-barrier delta-neutral strategies from MM and arbitrage → vaults accessible to all.

Security Icon
Strategies

Tokenize high-barrier delta-neutral strategies from MM and arbitrage → vaults accessible to all.

Security Icon
Strategies

Tokenize high-barrier delta-neutral strategies from MM and arbitrage → vaults accessible to all.

Privacy Icon
Flagship product

A yield-bearing stablecoin backed by the best-performing, most liquid vaults with strong Sharpe ratios.

Privacy Icon
Flagship product

A yield-bearing stablecoin backed by the best-performing, most liquid vaults with strong Sharpe ratios.

Privacy Icon
Flagship product

A yield-bearing stablecoin backed by the best-performing, most liquid vaults with strong Sharpe ratios.

Industry Certified Icon
Outcome

Higher yield for the community. More efficient and liquid on-chain markets. Capture value currently extracted by private firms and return it to users.

Industry Certified Icon
Outcome

Higher yield for the community. More efficient and liquid on-chain markets. Capture value currently extracted by private firms and return it to users.

Industry Certified Icon
Outcome

Higher yield for the community. More efficient and liquid on-chain markets. Capture value currently extracted by private firms and return it to users.

Strategies

Strategies

Strategies

Strategies

Strategies

Strategies

Our strategies leverage cross-market inefficiencies and on-chain data to deliver consistent, market-neutral performance across DeFi and CeFi ecosystems.

Our strategies leverage cross-market inefficiencies and on-chain data to deliver consistent, market-neutral performance across DeFi and CeFi ecosystems.

Our strategies leverage cross-market inefficiencies and on-chain data to deliver consistent, market-neutral performance across DeFi and CeFi ecosystems.

Cross-venue arbitrage (DEX–DEX, DEX–CEX)

Captures price discrepancies across decentralized and centralized venues in real time.

Cross-venue arbitrage (DEX–DEX, DEX–CEX)

Captures price discrepancies across decentralized and centralized venues in real time.

Cross-venue arbitrage (DEX–DEX, DEX–CEX)

Captures price discrepancies across decentralized and centralized venues in real time.

Funding-rate arbitrage with leverage

Exploits perpetual futures funding differentials while maintaining delta neutrality.

Funding-rate arbitrage with leverage

Exploits perpetual futures funding differentials while maintaining delta neutrality.

Funding-rate arbitrage with leverage

Exploits perpetual futures funding differentials while maintaining delta neutrality.

CEX orderbook market-making

Provides liquidity and earns spreads through dynamic, risk-adjusted quoting.

CEX orderbook market-making

Provides liquidity and earns spreads through dynamic, risk-adjusted quoting.

CEX orderbook market-making

Provides liquidity and earns spreads through dynamic, risk-adjusted quoting.

Advanced execution / MEV-aware strategies

Optimizes order flow to minimize slippage and protect against MEV extraction.

Advanced execution / MEV-aware strategies

Optimizes order flow to minimize slippage and protect against MEV extraction.

Advanced execution / MEV-aware strategies

Optimizes order flow to minimize slippage and protect against MEV extraction.

Transperancy

Transperancy

Transperancy

Transperancy

We maintain full transparency about our strategies, performance, and asset allocation, ensuring users always understand how their funds are managed.

We maintain full transparency about our strategies, performance, and asset allocation, ensuring users always understand how their funds are managed.

Protocol Backing Ratio

100.65%

Protocol Backing Ratio

100.65%

Protocol Backing Ratio

100.65%

Total Backing (+ Reserve Fund)

$10.72B

Total Backing (+ Reserve Fund)

$10.72B

Total Backing (+ Reserve Fund)

$10.72B

USDe Total Supply

10.65B

USDe Total Supply

10.65B

USDe Total Supply

10.65B

USDe Price

$1.000

USDe Price

$1.000

USDe Price

$1.000

Market makers and arbitrageurs extract hundreds millions every year. For the first time, we’re giving this edge back to the community — and turning it into a new category of yield-bearing money.

Market makers and arbitrageurs extract hundreds millions every year. For the first time, we’re giving this edge back to the community — and turning it into a new category of yield-bearing money.

Market makers and arbitrageurs extract hundreds millions every year. For the first time, we’re giving this edge back to the community — and turning it into a new category of yield-bearing money.

Solution

Solution

Solution

|

|

|

|

Security Icon
Strategies

Tokenize high-barrier delta-neutral strategies from MM and arbitrage → vaults accessible to all.

Security Icon
Strategies

Tokenize high-barrier delta-neutral strategies from MM and arbitrage → vaults accessible to all.

Security Icon
Strategies

Tokenize high-barrier delta-neutral strategies from MM and arbitrage → vaults accessible to all.

Privacy Icon
Flagship product

A yield-bearing stablecoin backed by the best-performing, most liquid vaults with strong Sharpe ratios.

Privacy Icon
Flagship product

A yield-bearing stablecoin backed by the best-performing, most liquid vaults with strong Sharpe ratios.

Privacy Icon
Flagship product

A yield-bearing stablecoin backed by the best-performing, most liquid vaults with strong Sharpe ratios.

Industry Certified Icon
Outcome

Higher yield for the community. More efficient and liquid on-chain markets. Capture value currently extracted by private firms and return it to users.

Industry Certified Icon
Outcome

Higher yield for the community. More efficient and liquid on-chain markets. Capture value currently extracted by private firms and return it to users.

Industry Certified Icon
Outcome

Higher yield for the community. More efficient and liquid on-chain markets. Capture value currently extracted by private firms and return it to users.

Strategies

Strategies

Strategies

Strategies

Strategies

Strategies

Our strategies leverage cross-market inefficiencies and on-chain data to deliver consistent, market-neutral performance across DeFi and CeFi ecosystems.

Our strategies leverage cross-market inefficiencies and on-chain data to deliver consistent, market-neutral performance across DeFi and CeFi ecosystems.

Our strategies leverage cross-market inefficiencies and on-chain data to deliver consistent, market-neutral performance across DeFi and CeFi ecosystems.

Cross-venue arbitrage (DEX–DEX, DEX–CEX)

Captures price discrepancies across decentralized and centralized venues in real time.

Cross-venue arbitrage (DEX–DEX, DEX–CEX)

Captures price discrepancies across decentralized and centralized venues in real time.

Cross-venue arbitrage (DEX–DEX, DEX–CEX)

Captures price discrepancies across decentralized and centralized venues in real time.

Funding-rate arbitrage with leverage

Exploits perpetual futures funding differentials while maintaining delta neutrality.

Funding-rate arbitrage with leverage

Exploits perpetual futures funding differentials while maintaining delta neutrality.

Funding-rate arbitrage with leverage

Exploits perpetual futures funding differentials while maintaining delta neutrality.

CEX orderbook market-making

Provides liquidity and earns spreads through dynamic, risk-adjusted quoting.

CEX orderbook market-making

Provides liquidity and earns spreads through dynamic, risk-adjusted quoting.

CEX orderbook market-making

Provides liquidity and earns spreads through dynamic, risk-adjusted quoting.

Advanced execution / MEV-aware strategies

Optimizes order flow to minimize slippage and protect against MEV extraction.

Advanced execution / MEV-aware strategies

Optimizes order flow to minimize slippage and protect against MEV extraction.

Advanced execution / MEV-aware strategies

Optimizes order flow to minimize slippage and protect against MEV extraction.

Transperancy

Transperancy

Transperancy

Transperancy

We maintain full transparency about our strategies, performance, and asset allocation, ensuring users always understand how their funds are managed.

We maintain full transparency about our strategies, performance, and asset allocation, ensuring users always understand how their funds are managed.

Protocol Backing Ratio

100.65%

Protocol Backing Ratio

100.65%

Protocol Backing Ratio

100.65%

Total Backing (+ Reserve Fund)

$10.72B

Total Backing (+ Reserve Fund)

$10.72B

Total Backing (+ Reserve Fund)

$10.72B

USDe Total Supply

10.65B

USDe Total Supply

10.65B

USDe Total Supply

10.65B

USDe Price

$1.000

USDe Price

$1.000

USDe Price

$1.000