Dubai, UAE, April 28th, 2025, Chainwire
Supported by Deus X Capital, Solstice is set to introduce USX in the upcoming summer, along with a native yield protocol that has already secured over $100 million in total value locked (TVL), offering users permissionless delta-neutral returns on the Solana network right from the start.
Solstice Labs, a blockchain asset management company backed by the $1 billion digital asset investment firm Deus X Capital, has unveiled USX, a stablecoin specifically designed for generating sustainable yield on Solana. Launching soon, USX enables open access to a native yield protocol with a TVL exceeding $100 million, providing users with access to professional-grade returns through automated delta-neutral trading strategies.
Catering to both institutional investors and individual users, USX serves as a synthetic stablecoin optimized for optimal performance on the Solana network. The stability of USX is maintained through 1:1 collateralization with fiat-backed stablecoins like USDC and USDT, in addition to partnerships with leading market makers and liquidity providers in the industry. Users can lock their USX tokens in Solstice’s YieldVault to access real-time returns generated through off-chain funding-rate arbitrage and dynamically hedged staking-yield strategies, leveraging a proven track record of 19.2% average returns over the past 12 months, protected by a dedicated insurance fund.
“The crypto space has often seen complex, opaque, or exclusive DeFi yield opportunities, mainly accessible to institutional players,” stated Ben Nadareski, CEO and Co-Founder of Solstice Labs. “USX is fundamentally designed to change this by offering competitive yields in a transparent and sustainable manner. Every stablecoin user should have the chance to benefit from the yields that major protocols reserve for themselves, without compromising on the utility of the base asset. This is the essence of DeFi, and this is what we aim to achieve at Solstice.”
The Universal Solana Stablecoin
Solana has rapidly emerged as a leading stablecoin ecosystem, doubling its share of stablecoin liquidity from 2.5% to 5.4% within two months at the time of this announcement. Despite becoming a hub for stablecoin transactions, particularly in MEV, arbitrage, and orderbook-style trading, Solana lacks a dominant native stablecoin designed for generating yield.
USX aims to fill this void, tailored for Solana’s high-throughput, low-latency infrastructure. As the transfer of stablecoins increasingly shifts from centralized exchanges to DeFi applications driven by trading, USX positions Solana at the forefront of attracting new onchain capital through yield-bearing stable assets.
The launch of USX is accompanied by a growing network of partners in infrastructure, security, and liquidity to facilitate off-exchange settlement solutions, expanding the stablecoin’s usability across both centralized and decentralized exchanges.
Developed by the Team Behind Solstice Staking
USX and its associated protocol are part of the Solstice ecosystem, which includes Solstice Staking AG, following a recent acquisition. Solstice Staking is a trusted staking operation in the industry, currently securing:
- Over $1 billion in staked assets
- More than 9,000 validator nodes
- Infrastructure powered by 100% renewable energy
- Reliable institutional uptime of 99.99%
With a history of stability, Solstice is now focused on shaping the next chapter in DeFi, where transparency, performance, and accessibility are intertwined.
Launching in Summer 2025
USX is scheduled to be officially launched in the summer of 2025, with early access opportunities and beta incentives to be revealed in the upcoming weeks. For updates, users can visit https://solsticelabs.io/ or follow @solstice_io. Meet the team during Token2049 in Dubai this week at the Solana Mega Mixer, co-hosted by Solstice Labs and the Solana Superteam.
About Solstice Labs
Solstice Labs AG, a Deus X Enterprise company, in collaboration with the Solstice Foundation, is revolutionizing financial asset management in the era of blockchain. Solstice’s Protocol utilizes a registered approved manager to offer institutional-grade products to investors. Key offerings include USX, a stablecoin native to Solana, alongside Solstice’s YieldVault, a decentralized yield protocol that enables participants to access professional delta-neutral yields.
Enhancing the group’s expertise in the crypto space, Solstice Labs AG also operates Solstice Staking AG, a highly reputable infrastructure provider in the industry, securing assets worth over $1 billion across 9,000+ validator nodes.
For more information, visit https://solsticelabs.io and follow @solstice_io.
About Deus X Capital
Deus X Capital is a specialized investment and operating firm focusing on opportunities in private equity, venture capital, and venture building within the capital markets, fintech, and digital assets sectors. With over $1 billion in assets under management, Deus X leverages its unique expertise, extensive network, and diverse capabilities to create lasting value in the fintech industry.
Contact
Leslie Termuhlen
[email protected]
Title: The Evolution of Technology in the Modern World
In today’s fast-paced world, technology plays a crucial role in every aspect of our lives. From the way we communicate to the way we work and even how we entertain ourselves, technology has become an essential part of our daily routines. But how did we get to this point? Let’s take a journey through the evolution of technology and see how far we’ve come.
The history of technology can be traced back to the earliest civilizations, where simple tools like stone axes and spears were used for hunting and gathering. As time went on, humans began to develop more advanced tools and techniques, leading to the invention of the wheel, the plow, and the printing press. These innovations revolutionized the way people lived and worked, paving the way for even greater advancements in the future.
The industrial revolution of the 18th and 19th centuries brought about a wave of technological advancements that transformed society. Steam engines, telegraphs, and railroads made it possible to transport goods and people faster and more efficiently than ever before. The invention of electricity and the light bulb further revolutionized the way people lived, allowing for longer work hours and increased productivity.
The 20th century saw an explosion of technological innovation, with the invention of the telephone, the radio, and the television changing the way people communicated and received information. The development of computers and the internet in the latter half of the century revolutionized the way people worked and connected with one another, leading to the digital age we now live in.
Today, technology continues to evolve at a rapid pace, with new innovations like smartphones, artificial intelligence, and virtual reality shaping the way we live our lives. From self-driving cars to wearable technology, the possibilities seem endless as we continue to push the boundaries of what is possible.
As we look to the future, it is clear that technology will continue to play a central role in shaping society. From improving healthcare and education to revolutionizing transportation and communication, the potential for innovation is limitless. The evolution of technology has come a long way since the days of stone tools and wooden carts, and it is exciting to think about what the future may hold.
