Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built for Transparent Yield

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April 28th, 2025 – Dubai, UAE

Exciting news from the world of decentralized finance (DeFi) as Solstice Labs, backed by Deus X Capital, unveils USX, a stablecoin designed for sustainable yield on the Solana blockchain. The launch of USX this summer will be accompanied by a native yield protocol boasting over $100 million in committed total value locked (TVL), offering users permissionless access to delta-neutral returns right from the start.

Solstice Labs, a leading onchain asset manager supported by the $1 billion digital asset investment firm Deus X Capital, has revealed the upcoming release of USX, a synthetic stablecoin tailored for generating sustainable yield on the Solana network. With a launch scheduled for this summer, USX provides users with the opportunity to tap into an institutional-grade yield protocol backed by over $100 million in TVL. This innovative platform leverages automated delta-neutral trading strategies to deliver competitive returns.

Catering to both institutional investors and everyday users, USX maintains its peg by collateralizing fiat-backed stablecoins like USDC and USDT at a 1:1 ratio. Additionally, strategic partnerships with key market makers and liquidity providers ensure the stability and liquidity of the stablecoin. By staking USX in Solstice’s YieldVault, users can access real-time returns generated through off-chain funding-rate arbitrage and dynamically hedged staking-yield strategies. These strategies have demonstrated an impressive 19.2% average return over the last 12 months, further bolstered by a dedicated insurance fund for added protection.

Ben Nadareski, CEO and Co-Founder of Solstice Labs, commented on the launch of USX, stating, “Our goal is to simplify competitive yields in a transparent and sustainable manner. USX is designed to empower all stablecoin users to capture the yield that larger 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.”

Empowering Solana with a Native Stablecoin

Solana has rapidly emerged as a leading stablecoin ecosystem, doubling its share of stablecoin liquidity from 2.5% to 5.4% within a mere two months. While the blockchain has become a hub for stablecoin transactions, particularly in MEV, arbitrage, and orderbook-style trading, it lacked a dominant Solana-native stablecoin dedicated to yield generation.

USX aims to fill this gap by offering a stablecoin optimized for Solana’s high-performance, low-latency infrastructure. As the transfer of stablecoins transitions from centralized exchanges to DeFi applications driven by trading activities, USX positions Solana at the forefront of attracting new onchain capital through yield-bearing stable assets.

The launch of USX is supported by a growing network of infrastructure, security, and liquidity partners, enabling off-exchange settlement solutions and expanding the stablecoin’s utility across both centralized and decentralized exchanges.

Built by the Team Behind Solstice Staking

USX and its accompanying protocol are part of the larger Solstice umbrella, which includes Solstice Staking AG. Following a recent acquisition, Solstice Staking has become one of the most reputable staking operations in the industry, securing over:

$1 billion in staked assets

9,000 validator nodes

100% renewable energy-powered infrastructure

99.99% uptime for institutional reliability

With a solid track record of stability, Solstice is now focused on revolutionizing DeFi by prioritizing transparency, performance, and accessibility.

Launch Date: Summer 2025

USX is set to launch officially in the summer of 2025, with early access and beta incentives to be announced in the coming weeks. For updates and announcements, users can visit https://solsticelabs.io/ or follow @solstice_io. Attendees of Token2049 in Dubai can meet the team this week at the Solana Mega Mixer, co-hosted by Solstice Labs and the Solana Superteam.

About Solstice Labs

Solstice Labs AG, a subsidiary of Deus X Enterprise, is reshaping financial asset management for the onchain era in collaboration with the Solstice Foundation. Leveraging a registered approved manager, Solstice offers institutional-grade products to investors. Key offerings include USX, a Solana-native stablecoin, and Solstice’s YieldVault, a decentralized yield-bearing protocol granting participants access to institutional-grade delta-neutral yields.

Enhancing its presence in the crypto landscape, Solstice Labs AG also operates Solstice Staking AG, a trusted infrastructure provider securing over $1 billion in assets through 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 private equity, venture capital, and venture build opportunities in 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 within the financial technology sector.