Solstice Labs, an onchain asset manager backed by Deus X Capital, a $1 billion digital asset investment fund, has announced the official launch of USX, a Solana-native stablecoin designed to provide transparent, permissionless returns and bring access to institutional-grade returns to all users.
Scheduled to launch in summer 2025, USX will come with a native yield protocol that has committed over $100 million in total value locked (TVL) since day one. The protocol allows users to lock USX into their YieldVault to receive real-time returns generated from off-chain funding arbitrage strategies and hedged staking. Over the past 12 months, these strategies have delivered an average return of 19.2% and are protected by a dedicated insurance fund.
USX – High-Performance Stablecoin Optimized for Solana Infrastructure
USX is pegged to a 1:1 collateral ratio with fiat-backed stablecoins such as USDC and USDT. The project is backed by a network of leading market makers and liquidity providers, ensuring stability and broad adoption in both DeFi and CeFi environments.
As Solana rapidly increases its stablecoin market share – from 2.5% to 5.4% in just two months – USX is built to be a core tool for Solana to maintain its position as a stablecoin liquidity hub. By leveraging the low latency and high throughput of the Solana network, USX will be a bridge to attract new onchain capital through yield-generating stablecoins.
Committed to Making DeFi Yields Transparent
“The crypto market has seen too many DeFi protocols that generate complex, opaque, or institutional-only yields,” said Ben Nadareski, CEO and Co-Founder of Solstice Labs. “USX is designed to remove this barrier, delivering sustainable yields in a transparent, simple, and fair way for all stablecoin users.”
Built by the team behind Solstice Staking
USX and its yield protocol are part of the Solstice ecosystem, which includes Solstice Staking AG, a reputable staking organization recently acquired by Solstice Labs. Solstice Staking currently manages:
- Over $1 billion in staked assets
- Over 9,000 validator nodes
- 100% renewable energy infrastructure
- 99.99% uptime, institutional-grade
The combination of Solstice’s robust infrastructure and innovative thinking on DeFi is paving the way for a new generation of onchain finance – where transparency, efficiency, and accessibility coexist.
Event Reveal & Early Access
USX will officially launch in summer 2025. Early access programs and beta incentives for users will be announced in the coming weeks. Users can follow the latest information at [https://solsticelabs.io](https://solsticelabs.io) or on X (Twitter) at [@solstice_io](https://twitter.com/solstice_io). In addition, the Solstice Labs development team will also appear at Token2049 Dubai, co-hosting the Solana Mega Mixer event with the Solana Superteam this week.
About Solstice Labs
Solstice Labs AG is a Deus X Enterprise company, working with the Solstice Foundation to reimagine financial asset management in the onchain era. Notable products include USX – Solana’s native stablecoin, and YieldVault – a protocol that delivers institutional-grade, neutral delta yields to all users.
About Deus X Capital
Deus X Capital is an investment and operating firm specializing in private equity, venture capital, and venture building in the fintech, capital markets, and digital assets sectors. With over $1 billion in assets under management, Deus X plays a leading role in creating long-term value for the global fintech sector.