TVL
TBC
APY
8
%
Users
TBC
Today’s Yield: 8%

Earn up to 30% Yield

Maximum Yield Potential
30% Annual Returns
Enter and Exit Anytime
0 Lock-up Period
Always Accessible
24/7 Liquidity
Incubated by:
Backed by:

The Basis Trade: How We Earn Yields.

Yield Strategies
Our advanced algos short perps and long spot simultaneously. This earns use yields from exchanges like Binance, OKX, and Bybit in real-time.
Perpetual Yields
Standard Money works with centralized exchanges to provide liquidity on perpetual order books and earns basis trade yield for up to 30% per year.  Enter & exit anytime and earn yield on your USDT.
Standard Money

Standard Money Makes USDT What it Was Always Meant to Be.

Yield Alternatives
Tether was always meant as a 'stopover' for traders in between positions. But there's better alternatives in crypto than parking in a place that earns you 0% yield.
Standard Advantage
Enter Standard Money: use your USDT to swap for USDsd (always 100% collateralized by USDT) to earn liquidity provision yields from basis trades: Ethena, but better.
Stability

USDsd. The Ultimate Alternative to Tether.

Synthetic Stability
USDsd is a synthetic, collateralized version of Tether which aims to provide a stable and scalable solution to the trader market.
TVL & Collateralized
TVL
TBA
Collateralized
100% by USDT
Backed by:
Questions? Answers.
01
What is USDsd?
Synthetic Dollar Protocol: Standard Money offers a synthetic dollar called USDsd, which is designed to be stable, scalable, and censorship-resistant. Unlike traditional stablecoins like USDC or USDT, USDsd is not backed by fiat reserves but rather by a delta-hedging strategy involving crypto assets and corresponding short futures positions. This approach aims to provide a crypto-native solution for money that isn't reliant on traditional banking systems.
02
Why choose USDsd?
Standard Money offers yield to holders of sUSDsd through its Delta Neutral mechanisms. This yield comes from staking rewards and funding rates from perpetual futures positions, providing an attractive annual percentage yield (APY). Standard Money operates on a decentralized framework with no central issuer holding reserves. Its stability is maintained through a delta-hedging strategy involving crypto assets and futures, aiming for a crypto-native solution. This potentially reduces the risk of centralized control or mismanagement of reserves.
03
What makes USDsd different?
Standard Money uses a sophisticated delta-hedging strategy to peg USDsd to the dollar. This involves holding long positions in crypto assets (like ETH) while shorting futures, which can theoretically provide stability even during market fluctuations if managed correctly. Standard Money represents a newer, more innovative approach to stablecoins, potentially appealing to those interested in DeFi and looking for new financial primitives. Our model evolves with the DeFi ecosystem.
04
How are risks managed?
Delta Hedging: Standard Money uses a "delta-neutral" strategy where it holds long positions in Ethereum and Bitcoin while simultaneously taking short positions in their perpetual futures. This is intended to maintain the stability of USDsd's value against the US dollar. The yield from these strategies, including the funding rates from the short positions, contributes to the rewards offered to sUSDsd (staked USDsd) holders.
05
What risks are associated with delta-neutral strategies?
While Standard Money presents an innovative approach to stablecoins, it involves risks such as those associated with delta hedging in bear markets, centralized risk from the platforms that hold the derivative contracts, and the sustainability of high yield offerings.
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Beyond the USDsd

Collection of Resources.

Documentation
Explore Usual's Gitbook forall details on the protocol.
Explore Gitbook
Our Blog
Discover the latest updatesand plans from the Usual Labs.
Explore Gitbook
Community
Connect with more Usual enthusiasts.
Explore Gitbook