Solstice Labs, with backing from Deus X Capital, has announced the upcoming launch of USX, a Solana-native stablecoin designed to provide sustainable yield. The launch is scheduled for this summer and will feature a native yield protocol with over $100 million in committed total value locked (TVL).
USX aims to offer both institutional and retail users access to institutional-grade returns through automated delta-neutral trading strategies. The stablecoin will maintain its peg through 1:1 collateralization with fiat-backed stablecoins like USDC and USDT.
Users can lock USX into Solstice's YieldVault to earn real-time returns generated through off-chain funding-rate arbitrage and dynamically hedged staking-yield strategies. Early access and beta incentives will be announced in the coming weeks, with the official launch in Summer 2025.