Solstice Labs, a leading onchain asset manager backed by Deus X Capital, has announced the launch of USX, a stablecoin purpose-built for sustainable yield on the Solana blockchain. Launching this summer, USX offers permissionless access to a native yield protocol with over $100 million in committed TVL, providing users with institutional-grade returns through automated delta-neutral trading strategies. Designed for both institutions and everyday users alike, USX is a synthetic stablecoin optimized for performance on Solana. Its peg is maintained by 1:1 collateralization of fiat-backed stablecoins like USDC and USDT, while partnerships with market makers and liquidity providers ensure its stability. Users can lock USX into Solstice’s YieldVault to access real-time returns generated through off-chain arbitrage and dynamically hedged staking strategies, leveraging a track record that shows an average return of 19.2% over the past year. This approach simplifies competitive yields in a transparent and sustainable manner. Solstice Labs CEO Ben Nadareski believes USX will change DeFi by simplifying access to yield for all stablecoin users while avoiding complexities in traditional DeFi protocols. Solstice is confident that this native Solana stablecoin will capture a growing share of onchain capital by offering yield-native solutions that move beyond the limitations of centralized exchanges and embrace the potential of decentralized finance.