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Yield Token

splyceUSDC · Yield-Bearing Token

splyceUSDC is a yield-bearing token issued natively on Stellar and Solana by Splyce. Deposit USDC and receive splyceUSDC. Yield compounds automatically into a rising share price. No staking, no claiming, no lock-ups. The value accrues over time as the pool earns yield.

splyceUSDC
Blended APY target 7–10%
  • Liquid bucket · ~60%
  • Fixed-income bucket · ~40%
  • No fees · No minimums
Three Benefits. One Token.

Why splyceUSDC.

Every other yield-bearing token is either crypto-correlated or rate-dependent. splyceUSDC is neither. A single token with two structurally uncorrelated yield sources and pristine collateral status, native to every chain we support.

01
Native S-tier yield, no bridging

sUSDe, sUSDS, and syrupUSDC are the best short-duration liquid yield instruments in DeFi. For users on Stellar and Sui they are inaccessible without bridging to Ethereum. For Solana users they are fragmented across multiple tokens. splyceUSDC gives users on all three networks direct exposure to all three S-tier assets through a single token on their native chain. No bridging. No Ethereum gas. No juggling positions.

02
Fixed-rate credit yield that does not compress

The fixed-income bucket is backed exclusively by Splyce Single Asset Vaults. Fixed-rate institutional loans against RWA and institutional crypto collateral. Rate locked at origination. When sUSDe compresses because the Ethena delta-neutral spread narrows, the SAV bucket holds. When the Fed cuts and treasury yields fall, the SAV bucket holds. The two buckets are structurally uncorrelated. The differentiator no other yield-bearing token offers.

03
Pristine collateral that earns while it works

splyceUSDC is not just a yield product you hold. It is a productive asset that circulates through DeFi. Post it as collateral on the most liquid lending markets on each chain. Loop it to amplify yield. Use it as margin in perp markets. Provide liquidity on DEXes and earn trading fees on top of the underlying yield. One token, every layer of DeFi.

How It Works

How splyceUSDC works.

splyceUSDC uses a rising share price model. One deposit, one token, automatic compounding. The difference between your entry price and exit price is your yield.

Three steps

Deposit.
Watch it compound.

No staking interface. No claim button. No unstaking delay. You hold splyceUSDC in any wallet that supports it and the share price rises continuously as yield accrues into the pool.

Get splyceUSDC

No minimums · No lockups · No fees

  1. 01
    Deposit USDC

    Connect your wallet and deposit any amount of USDC. You receive splyceUSDC at the current share price. Your deposit starts earning immediately.

  2. 02
    Share price rises

    Yield from both buckets flows continuously into the share price. Your splyceUSDC balance stays the same, but what that balance is worth changes. Nothing to claim, nothing to manage.

  3. 03
    Redeem anytime

    Redeem your splyceUSDC for USDC at the current share price. The difference between your entry and exit price is your yield. No lockup, no penalties, no unstaking delay.

Yield Composition

Two buckets. Built to stay uncorrelated.

splyceUSDC earns from two buckets working in parallel. Each has a different yield source, a different risk profile, and a different function. When one compresses, the other holds.

Liquid bucket ~60%
Fixed-income bucket ~40%
Blended APY target 7–10%
Liquid Bucket · ~60%
Highest-conviction short-duration DeFi yield

Allocated across sUSDe (Ethena), sUSDS (Sky), and syrupUSDC (Maple). The highest-conviction short-duration liquid yield instruments in DeFi. Provides on-demand redemption capacity and pristine collateral liquidity at all times.

  • Instantly redeemable
  • Short-duration yield
  • Pristine collateral liquidity

The liquid bucket mix may change over time.

Fixed-Income Bucket · ~40%
Institutional fixed-rate credit, locked at origination

Deployed into Splyce Single Asset Vaults, initially live on Stellar. Fixed interest rates locked at origination against institutional RWA and digital asset collateral. SAV yield flows into splyceUSDC natively across every chain. Structurally uncorrelated to crypto sentiment and Fed policy.

  • Fixed rate locked at origination
  • Isolated per borrower & collateral
  • MLA-governed · 30-day max at launch

SAV yield does not compress when crypto sentiment or Fed policy moves.

Multi-Chain

Native where you are.

splyceUSDC launches natively on Stellar and Solana. Sui activation is scheduled for Q2 2026. SAV yield generated on Stellar flows into splyceUSDC across every supported chain, so holders on every network earn the same blended yield.

Stellar
Native at launch
Solana
Native at launch
Sui
Q2 2026
FAQ

Frequently asked questions.

What is splyceUSDC?
splyceUSDC is a yield-bearing token issued natively on Stellar and Solana by Splyce, with Sui activation scheduled for Q2 2026. Deposit USDC, receive splyceUSDC, and yield compounds into the rising share price. Yield comes from two buckets: a Liquid Bucket (~60%) across sUSDe (Ethena), sUSDS (Sky), and syrupUSDC (Maple); and a Fixed Income Bucket (~40%) deployed into Splyce Single Asset Vaults.
What APY can I expect from splyceUSDC?
splyceUSDC targets a blended APY of 7-10% across both buckets. These are targets, not guarantees. Past performance is not indicative of future results. Actual returns depend on market conditions, collateral performance, and the allocation between buckets at any given time.
How does splyceUSDC compound yield?
splyceUSDC uses a rising share price model. Deposit USDC, receive splyceUSDC at the current share price. As yield accrues, the share price rises. Redeem whenever you want. The difference between your entry price and exit price is your yield. Nothing to claim, nothing to stake.
Is there a minimum deposit or lockup period?
No. splyceUSDC has no minimum deposit and no lockup period. You can deposit any amount of USDC and redeem whenever you want.
What assets back splyceUSDC's yield?
splyceUSDC yield comes from two structurally uncorrelated buckets. The Liquid Bucket holds roughly 60% of deposits across sUSDe (Ethena), sUSDS (Sky), and syrupUSDC (Maple). The Fixed Income Bucket holds roughly 40%, deployed into Splyce Single Asset Vaults. SAV yield is fixed at origination and does not compress when crypto markets move.