The home of
real-world yield.

When DeFi yield compresses, ours holds.

Fixed-rate, fixed-term lending against tokenized real-world assets, plus a yield-bearing token, open to anyone with a wallet.

Yield Vault
Single Asset Vaults
Fixed-rate lending against tokenized RWAs
Fixed Rate APY
Live Soon
Yield Token
splyceUSDC
Yield-bearing token, native on Stellar and Solana
Target APY
7-10%
Announcing Soon →

Backed by the builders of the future of finance

Get started

Two entry points.

One source of real-world yield, two ways to access it. Hold a single token that compounds for you, or lend directly into named vaults and pick your own terms.

Earn passively

splyceUSDC

Deposit USDC, hold one yield-bearing token. Yield compounds automatically into its rising value, blended across real-world credit and best-in-class DeFi sources. No staking, no claiming.

  • One token, hands-off. Native on Stellar and Solana, soon Sui.
  • Blended APY target 7-10%, built to hold when DeFi yield compresses.
  • No fees, no minimums, redeem anytime.
Explore splyceUSDC
Lend directly

Single Asset Vaults

Lend USDC into a named vault against approved collateral. Pick your counterparty, rate, and term. Your rate is locked from the moment you deposit until maturity.

  • Lend against a name, not a commingled pool.
  • Fixed rate, fixed term, locked from day one.
  • Isolated per vault, contagion-resistant by design.
Explore Single Asset Vaults Are you a borrower? Apply to originate a vault
How It Works

Two buckets. One token. Blended yield.

splyceUSDC blends two structurally uncorrelated sources of yield into one token: a liquid bucket of best-in-class DeFi yield, and a fixed-income bucket of fixed-rate institutional credit. When one compresses, the other holds.

Liquid bucket

The highest-conviction short-duration yield in DeFi, redeemable on demand.

  • Instantly redeemable
  • Short-duration yield
  • Pristine collateral
Target allocation~60%
Fixed-income bucket

Fixed-rate institutional credit from Single Asset Vaults, structurally uncorrelated to the liquid bucket.

  • Fixed rate locked at origination
  • Isolated per borrower & collateral type
  • MLA-governed · 30-day max at launch
Target allocation~40%
splyceUSDC
Blended APY target 7-10%
Liquid 60% Fixed income 40%

Two uncorrelated yield sources in one token. Yield that holds when either side compresses.

Genesis Vault · Capped

Deposit early.
Earn more.

Genesis is capped at launch. First depositors lock in the highest Strands allocation, a boosted multiplier, and priority access the moment the fixed-income bucket activates.

Secure Access to Genesis

Limited capacity · First in wins

  1. 01
    Earn Strands Early

    Splyce reward points with a tiered multiplier. Genesis depositors earn the highest allocation and boost.

  2. 02
    Priority Yield Access

    First fill on splyceUSDC when deposits open. No queue, no throttling.

  3. 03
    Fixed-Income Bucket Preference

    When Single Asset Vaults activate, Genesis holders are first into the new fixed-rate yield layer.

⚡ Strands · Season 1 · Live

Earn yield. Earn Strands. Climb the ranks.

Every vault deposit, every referral, every action earns Strands. The higher your tier, the greater your multiplier.

Deposit & Earn
Refer Friends
Climb Tiers
Lv0
Specimen
Lv1
Mutant
Lv2
Catalyst
Lv3
Splycer
Lv4
Helix
Lv5
CRISPR
Apex
Blog

Latest from Splyce.

Insights, product updates, and stories from the team.

What Onchain Repo Actually Is
Education
What Onchain Repo Actually Is

Most of what gets called onchain repo is variable-rate margin lending, not repo. Real repo locks the rate and the term.

22 June 2026
Fixed-Rate RWA Lending
Education
Fixed-Rate RWA Lending

A credit market where borrowers post tokenized real-world assets and draw stablecoins at a rate and term fixed at origination.

22 June 2026
Fixed-Rate vs Variable-Rate Lending
Education
Fixed-Rate vs Variable-Rate Lending

Variable rates float with pool utilization; fixed rates lock at origination. A worked comparison, and why it matters for RWAs.

22 June 2026
Fixed Term vs Fixed Rate
Education
Fixed Term vs Fixed Rate

Two independent properties of a loan. A fixed rate locks the interest rate; a fixed term locks the maturity date.

22 June 2026
Why Fixed Rates Win Institutional Credit
Education
Why Fixed Rates Win Institutional Credit

Institutional credit runs on predictable cost of capital, which variable-rate DeFi cannot provide. Fixed rates change that.

22 June 2026
Splyce Has Closed Its Strategic Round
Announcement
Splyce Has Closed Its Strategic Round. Here Is What We Are Building.

Backed by Sui Foundation, Stellar Development Foundation, Solana Foundation, Lucid Ventures, Sarson Funds, and Kin Capital, here's the credit infrastructure that finally makes tokenized RWAs productive.

8 April 2026
Why Your RWA Strategy is Broken
Education
Why Your RWA Strategy is Broken

Most investors are still comparing interest rates instead of comparing what their dollar can actually do.

25 March 2026
The Rational Borrower
Education
The Rational Borrower

Why institutions pay double-digit rates to borrow against low-yielding assets, and what it means for those on the other side.

14 March 2026
RWA Yield Explained
Education
RWA Yield Explained

How real-world asset yield works in DeFi, and why tokenization alone is not enough.

9 June 2026
DeFi Vaults Explained
Education
DeFi Vaults Explained

A practical guide to lending vaults, RWA vaults, fixed-rate vaults, and what risks to check.

9 June 2026
The Access Layer for Real-World Yield
Product
The Access Layer for Real-World Yield

How Splyce is building the infrastructure that connects institutional assets to permissionless DeFi, and why it matters for every wallet holder.

17 September 2025
The Rise of Internet Capital Markets
Ecosystem
The Rise of Internet Capital Markets

Capital markets are being rebuilt onchain. Here's why permissionless infrastructure is replacing gated institutions, and what comes next.

2 October 2022
View all articles →
FAQ

Common questions about Splyce.

What is Splyce Finance?
Splyce Finance is a DeFi protocol that provides permissionless access to institutional, cash-flowing assets through composable onchain yield products. It turns tokenized real-world assets into something liquid, tradable, and usable across DeFi, generating real yield backed by economic activity, not token emissions.
Where does the yield come from?
Splyce yield comes from two structurally uncorrelated sources. Single Asset Vaults generate fixed-rate interest from overcollateralized institutional loans against tokenized real-world assets and institutional digital assets, all governed by Master Loan Agreements. splyceUSDC blends SAV yield with a liquid bucket allocated across sUSDe (Ethena), sUSDS (Sky), and syrupUSDC (Maple). Both sources are backed by real economic activity, not token emissions.
Is Splyce custodial?
Splyce itself never holds your funds. All deposits and collateral are managed by onchain smart contracts. In Single Asset Vaults, collateral is held in escrow for the loan term. Splyce as a company has no ability to access or move your assets.
What chains does Splyce support?
splyceUSDC is issued natively on Stellar and Solana, with Sui activation scheduled for Q2 2026. Splyce Single Asset Vaults are initially live on Stellar. SAV yield flows into splyceUSDC natively across every supported chain.
What's the difference between Single Asset Vaults and splyceUSDC?
Single Asset Vaults are fixed-rate, fixed-term institutional lending markets. You lend USDC directly into a named vault against risk-committee-approved collateral, at a rate locked from day one. splyceUSDC is a yield-bearing token with a rising share price model. It blends two buckets: a Liquid Bucket (~60%) across sUSDe, sUSDS, and syrupUSDC, and a Fixed Income Bucket (~40%) deployed into SAVs. Direct SAV participation lets you pick your counterparty, rate, and term. splyceUSDC is fully passive with no lock-up.
Do I need to be an accredited investor?
No. Splyce products are permissionless and open to anyone with a compatible wallet. The institutional-grade assets that generate Splyce's yield have historically been locked behind accreditation requirements, but Splyce makes them accessible to all.
How is my deposit protected?
In Single Asset Vaults, each loan is overcollateralized with risk-committee-approved collateral. Every borrower completes KYC and signs a Master Loan Agreement with Splyce Finance. Each vault is isolated to one borrower and one collateral type, so a default in one vault cannot cascade into another. If a borrower fails to repay at maturity, the collateral resolution process agreed at vault creation is triggered: either direct transfer to lenders onchain or conversion to USDC by a designated liquidator. splyceUSDC diversifies across sUSDe, sUSDS, syrupUSDC, and Splyce SAVs to reduce concentration risk.