ayUSD
LIVEA single liquid dollar asset that earns across the safest verified stablecoin strategies in DeFi. Hold ayUSD; AlphaYields handles the rest.
What is ayUSD?
ayUSD is a yield-bearing stablecoin strategy. Deposit dollars, receive ayUSD, and the token accrues value as the strategies behind it earn. It is designed to behave like USDe or sDAI — a liquid, composable building block you can hold, lend, LP, or use as collateral without ever unwinding your yield.
Deposit. Hold. Earn.
Where the yield comes from.
Every source is a verified market in the AlphaYields Directory — scored, monitored, and capped by allocation policy.
OpenEden and Ondo deploy USDC into tokenized U.S. Treasury bills — regulated, fully-reserved treasury exposure with daily NAV attestation. The lowest-risk, most liquid leg of the portfolio.
Fully On-Chain
Every deposit, yield accrual, rebalance, and withdrawal is recorded on-chain and verifiable by anyone. No off-chain oracles. No admin keys. No black boxes.
All figures verifiable on-chain. No token emissions. No synthetic mechanisms.
Risks, stated plainly.
No yield is risk-free. Here is what ayUSD is exposed to and how it's bounded.
Full risk frameworkStrategy concentration. Allocations are capped per venue; no single source exceeds 35%.
Stablecoin depeg. Underlying stables are limited to the highest-scored, fully-reserved assets.
Smart contract. All contracts audited; see the Trust Center for reports.
Questions, answered.
ayUSD is a yield-bearing dollar asset. Its value accrues over time rather than rebasing to exactly $1, similar to sDAI or sUSDe.
Other ayTOKENs.
One standard, multiple denominations. Pick the exposure that fits your mandate.