• Coinlayers
  • Posts
  • $DUSD on Solana: Where Stability Meets DeFi Innovation

$DUSD on Solana: Where Stability Meets DeFi Innovation

Project Overview

$DUSD is a decentralized, USD‑pegged stablecoin on Solana that automatically earns yield, effectively acting like a flexible savings account—no staking or manual claims required

Key Features

  1. Interest-Bearing & Auto‑Airdrop
    • Earns interest calculated per second and auto-distributed weekly, with no extra action needed.

  2. Natural Yield Generation
    • Yield stems from two sources: staking collateral assets (like SOL, BNB, ETH) and funding fees earned via delta-neutral hedging strategies .

  3. Stable Peg & Risk Management
    • Maintains a 1:1 USD peg through collateral-backed assets and short futures hedging.
    • Features a reserve fund to cover negative revenue periods and support peg stability

  4. Flexible Savings
    • Users can mint $DUSD with USDT/USDC or buy via DEXs (e.g., Saber, Raydium), and redeem anytime—subject to a 7-day processing period

How It Works

Action

Details

Minting

Deposit USDT/USDC → receive $DUSD; collateral used to hedge via smart contracts docs.

Yield Flow

Rewards accumulate automatically and are visible on the dashboard or portfolio page

Redeeming

Burn $DUSD → receive USDT after a 7‑day wait (used to unwind hedges); minimum 10 DUSD, fees apply

Benefits

  • Effortless Yield: No need for staking; just hold $DUSD to earn.

  • Flexible access: Redeem anytime (after 7 days), with low minimum threshold.

  • Robust stability: Hedging plus reserve safety net maintains USD peg.

  • Omnichain-ready: Currently on Solana (SPL), with expanding multichain

In summary: $DUSD from StandX delivers a smart, yield‑accruing stablecoin experience—stable, automated, and easy to use

Name

StandX DUSD

Symbol

DUSD

Price

$1.00

Blockchain

SOLANA

Contract

0xaf44A1E76F56eE12ADBB7ba8acD3CbD474888122

Explorer

https://solscan.io/token/DUSDt4AeLZHWYmcXnVGYdgAzjtzU5mXUVnTMdnSzAttM

Market Cap

$30.3M

Total Supply

30.3M DUSD

Max Supply

2.32M DUSD

Circulating Supply

30.3M DUSD

Website

https://standx.com

Whitepaper

https://docs.standx.com/docs/stand-x-overview

Telegram

X (Twitter)

https://x.com/StandX_Official

/