> ## Documentation Index
> Fetch the complete documentation index at: https://docs.groundtech.co/llms.txt
> Use this file to discover all available pages before exploring further.

# Yield Sources

> Available yield sources, rate semantics, and liquidity expectations.

Yield sources are the underlying strategies a portfolio wallet can allocate into. A wallet strategy is a weighted allocation across one or more yield sources.

Each source has a stable public id, display metadata, chain support, a `depositToken`, current rate information, source-level liquidity metadata, and optional market context such as TVL, vault-level utilization, protocol addresses, vault links, and top underlying allocations when provider data is available.

Use `depositToken` to decide which strategy group can select a source. A source with `depositToken: "usdt"` belongs under `strategy.allocations.usdt`; do not infer compatibility from the source name.

## Available yield sources

Fetch the live catalog with `GET /v2/wallets/yield-sources`:

```bash theme={"theme":{"light":"github-light","dark":"github-dark"}}
curl -X GET "$BASE_URL/v2/wallets/yield-sources" \
  -H "Authorization: Bearer $API_TOKEN"
```

```json theme={"theme":{"light":"github-light","dark":"github-dark"}}
{
  "data": [
    {
      "id": "syrup-usdc",
      "name": "Syrup USDC",
      "description": "USDC lending through Maple Finance's Syrup protocol.",
      "mode": "active",
      "chain": "ethereum",
      "depositToken": "usdc",
      "apyBps": 418,
      "protocol": "maple",
      "estimatedWithdrawalTime": "PT24H",
      "expectedProcessingTime": "PT12H",
      "tvlUsd": 1200000000,
      "utilizationPct": 82.5,
      "addresses": [
        {
          "label": "Pool",
          "value": "0x80ac24aa929eaf5013f6436cda2a7ba190f5cc0b"
        }
      ],
      "links": [
        {
          "label": "Maple earn",
          "url": "https://maple.finance/syrup"
        }
      ],
      "allocations": [
        {
          "label": "Open-term loans",
          "type": "loan",
          "valueUsd": 540000000,
          "pct": 45
        }
      ]
    },
    {
      "id": "ground-ustb-vault",
      "name": "U.S. Treasury Bill Vault",
      "description": "Short-duration U.S. Treasury bill exposure through Superstate USTB.",
      "mode": "active",
      "chain": "ethereum",
      "depositToken": "usdc",
      "apyBps": 330,
      "protocol": "gustb",
      "estimatedWithdrawalTime": "PT24H",
      "expectedProcessingTime": "PT2H",
      "tvlUsd": 825500281.71,
      "utilizationPct": null,
      "addresses": [
        {
          "label": "Vault",
          "value": "0x5a68cfE0DCCcfA4991e5a92d2c382b15B41C4119"
        }
      ],
      "links": [
        {
          "label": "Superstate USTB",
          "url": "https://superstate.com/assets/ustb"
        },
        {
          "label": "Vault contract",
          "url": "https://etherscan.io/address/0x5a68cfE0DCCcfA4991e5a92d2c382b15B41C4119"
        }
      ],
      "allocations": [
        {
          "label": "Short-duration U.S. Treasury Bills",
          "type": "treasury",
          "valueUsd": null,
          "pct": 100,
          "address": null,
          "description": null
        }
      ]
    },
    {
      "id": "morpho-gauntlet-usdc",
      "name": "Morpho Gauntlet USDC Prime",
      "description": "Overcollateralized lending via a Morpho ERC-4626 USDC vault.",
      "mode": "active",
      "chain": "ethereum",
      "depositToken": "usdc",
      "apyBps": 472,
      "protocol": "morpho",
      "estimatedWithdrawalTime": "PT0H",
      "expectedProcessingTime": "PT0H",
      "tvlUsd": 400000000,
      "utilizationPct": 59,
      "addresses": [
        {
          "label": "Vault",
          "value": "0xdd0f28e19C1780eb6396170735D45153D261490d"
        }
      ],
      "links": [
        {
          "label": "Morpho vault",
          "url": "https://app.morpho.org/ethereum/vault/0xdd0f28e19C1780eb6396170735D45153D261490d/gauntlet-usdc-prime"
        }
      ],
      "allocations": [
        {
          "label": "USDC / cbBTC",
          "type": "market",
          "valueUsd": 220000000,
          "pct": 55
        },
        {
          "label": "USDC / WETH",
          "type": "market",
          "valueUsd": 180000000,
          "pct": 45
        }
      ]
    },
    {
      "id": "morpho-steakhouse-usdc",
      "name": "Morpho Steakhouse USDC Prime",
      "description": "Overcollateralized lending via a Morpho ERC-4626 USDC vault.",
      "mode": "active",
      "chain": "ethereum",
      "depositToken": "usdc",
      "apyBps": 468,
      "protocol": "morpho",
      "estimatedWithdrawalTime": "PT0H",
      "expectedProcessingTime": "PT0H",
      "tvlUsd": 350000000,
      "utilizationPct": 63,
      "addresses": [
        {
          "label": "Vault",
          "value": "0xBEEF01735c132Ada46AA9aA4c54623cAA92A64CB"
        }
      ],
      "links": [
        {
          "label": "Morpho vault",
          "url": "https://app.morpho.org/ethereum/vault/0xBEEF01735c132Ada46AA9aA4c54623cAA92A64CB/steakhouse-usdc-prime"
        }
      ],
      "allocations": [
        {
          "label": "USDC / wstETH",
          "type": "market",
          "valueUsd": 210000000,
          "pct": 60
        },
        {
          "label": "USDC / WBTC",
          "type": "market",
          "valueUsd": 140000000,
          "pct": 40
        }
      ]
    },
    {
      "id": "morpho-august-usdc-v2",
      "name": "Morpho August USDC V2",
      "description": "Overcollateralized lending via the Morpho August USDC V2 ERC-4626 vault.",
      "mode": "active",
      "chain": "ethereum",
      "depositToken": "usdc",
      "apyBps": 563,
      "protocol": "morpho",
      "estimatedWithdrawalTime": "PT0H",
      "expectedProcessingTime": "PT0H",
      "tvlUsd": null,
      "utilizationPct": null,
      "addresses": [
        {
          "label": "Vault",
          "value": "0x7ceB0f01Cb7187a2EBED5661eCC4d5701d8F2350"
        }
      ],
      "links": [
        {
          "label": "Morpho vault",
          "url": "https://app.morpho.org/ethereum/vault/0x7ceB0f01Cb7187a2EBED5661eCC4d5701d8F2350/august-usdc-v2"
        }
      ],
      "allocations": []
    },
    {
      "id": "kamino-gauntlet-frontier-usdc",
      "name": "Kamino Gauntlet USDC Frontier",
      "description": "Solana USDC yield via a Kamino kvault curated by Gauntlet.",
      "mode": "active",
      "chain": "solana",
      "depositToken": "usdc",
      "apyBps": 612,
      "protocol": "kamino",
      "estimatedWithdrawalTime": "PT0H",
      "expectedProcessingTime": "PT0H",
      "tvlUsd": 240000000,
      "utilizationPct": 71,
      "addresses": [
        {
          "label": "Vault",
          "value": "GFiW6edsrtHZd4Vnz2qTSurVasRrgKrXE1ouHNtCVsft"
        },
        {
          "label": "Shares mint",
          "value": "7oPz5dFNUgVtWNChqJW4ud8fhECVq5m75BN1t4WMLpxA"
        },
        {
          "label": "kVault program",
          "value": "KvauGMspG5k6rtzrqqn7WNn3oZdyKqLKwK2XWQ8FLjd"
        }
      ],
      "links": [
        {
          "label": "Kamino vault",
          "url": "https://kamino.com/earn/lend/gauntlet-usdc-frontier/vault-overview"
        }
      ],
      "allocations": [
        {
          "label": "USDC / Main",
          "type": "reserve",
          "valueUsd": 168000000,
          "pct": 70,
          "description": "Target reserve allocation"
        },
        {
          "label": "USDC / JLP",
          "type": "reserve",
          "valueUsd": 72000000,
          "pct": 30,
          "description": "Target reserve allocation"
        }
      ]
    },
    {
      "id": "kamino-superstate-usdc",
      "name": "Kamino Superstate USDC",
      "description": "Solana USDC yield via a Kamino klend reserve backed by Superstate.",
      "mode": "active",
      "chain": "solana",
      "depositToken": "usdc",
      "apyBps": 585,
      "protocol": "kamino",
      "estimatedWithdrawalTime": "PT0H",
      "expectedProcessingTime": "PT0H",
      "tvlUsd": null,
      "utilizationPct": null,
      "addresses": [],
      "allocations": [],
      "links": []
    },
    {
      "id": "aave-v3-usdc",
      "name": "Aave V3 USDC",
      "description": "Aave V3 Core market USDC lending position represented by scaled aUSDC units.",
      "mode": "active",
      "chain": "ethereum",
      "depositToken": "usdc",
      "apyBps": 398,
      "tvlUsd": null,
      "utilizationPct": null,
      "protocol": "aave_v3",
      "estimatedWithdrawalTime": "PT0H",
      "expectedProcessingTime": "PT0H",
      "addresses": [
        {
          "label": "aUSDC",
          "value": "0x98C23E9d8f34FEFb1B7BD6a91B7FF122F4e16F5c"
        },
        {
          "label": "Pool",
          "value": "0x87870Bca3F3fD6335C3F4ce8392D69350B4fA4E2"
        }
      ],
      "links": [
        {
          "label": "Aave USDC reserve",
          "url": "https://app.aave.com/reserve-overview/?underlyingAsset=0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48&marketName=proto_mainnet_v3"
        }
      ],
      "allocations": []
    }
  ]
}
```

<Note>
  Example APYs and market context values above are illustrative. Always use `GET /v2/wallets/yield-sources` for the current live catalog and rates.
</Note>

<Note>
  The catalog is environment-specific. Sandbox only exposes the subset that is currently wired for sandbox execution. Do not hard-code yield source IDs by environment; always fetch the live catalog before creating or updating a strategy.
</Note>

| Yield source ID                 | Liquidity                                | Description                                                                                                                                    |
| ------------------------------- | ---------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------- |
| `syrup-usdc`                    | Typically within 24h (`PT24H`)           | Overcollateralized USDC lending via [Maple Finance's Syrup](https://syrup.fi).                                                                 |
| `ground-ustb-vault`             | Typically within 2h, up to 24h (`PT24H`) | Short-duration U.S. Treasury bill exposure through Superstate USTB. Redemptions are asynchronous and depend on available Superstate liquidity. |
| `syrup-usdt`                    | Typically within 24h (`PT24H`)           | Ethereum USDT lending via Maple. Currently available in beta with a per-wallet allocation limit.                                               |
| `morpho-gauntlet-usdc`          | Instant (`PT0H`)                         | ERC-4626 lending vault exposure via Morpho's Gauntlet USDC Prime vault.                                                                        |
| `morpho-steakhouse-usdc`        | Instant (`PT0H`)                         | ERC-4626 lending vault exposure via Morpho's Steakhouse USDC Prime vault.                                                                      |
| `morpho-august-usdc-v2`         | Instant (`PT0H`)                         | ERC-4626 lending vault exposure via Morpho's August USDC V2 vault.                                                                             |
| `kamino-allez-usdc`             | Instant (`PT0H`)                         | Solana USDC yield via a [Kamino](https://kamino.finance/) kvault curated by Allez.                                                             |
| `kamino-gauntlet-frontier-usdc` | Instant (`PT0H`)                         | Solana USDC yield via a Kamino kvault curated by Gauntlet (Frontier).                                                                          |
| `kamino-rockawayx-rwa-usdc`     | Instant (`PT0H`)                         | Solana USDC yield via a Kamino kvault curated by RockawayX (RWA).                                                                              |
| `kamino-steakhouse-usdc`        | Instant (`PT0H`)                         | Solana USDC yield via a Kamino kvault curated by Steakhouse Financial.                                                                         |
| `kamino-superstate-usdc`        | Instant (`PT0H`)                         | Solana USDC yield via a Kamino klend reserve collateralized by Superstate.                                                                     |
| `aave-v3-usdc`                  | Instant (`PT0H`)                         | Ethereum USDC lending through the Aave V3 Core market.                                                                                         |

Use `id` as the `yieldSourceId` when creating a wallet or updating a strategy.

Catalog rows may also include optional market context for richer source displays:

| Field              | Description                                                                                                                                                                                              |
| ------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| `tvlUsd`           | Current source TVL in USD when provider data is available. For the U.S. Treasury Bill Vault, this is Superstate USTB fund AUM.                                                                           |
| `depositToken`     | Stablecoin accepted and returned by the source. Use this field to place the source in the matching strategy group.                                                                                       |
| `utilizationPct`   | Vault-level deployed-asset utilization percentage when provider data is available.                                                                                                                       |
| `addresses[]`      | Protocol addresses relevant to the source.                                                                                                                                                               |
| `links[]`          | Provider UI links for the source.                                                                                                                                                                        |
| `allocations[]`    | Underlying allocation or target-exposure rows. Percentages describe source asset mix, not utilization.                                                                                                   |
| `maxAllocationUsd` | For beta yield sources, the optional maximum allocation per wallet as a fixed-precision USD string. `null` means the source is uncapped. The limit blocks additional allocations but never blocks exits. |

## Yield source details

### Syrup USDC

|                     |                            |
| ------------------- | -------------------------- |
| **Yield source ID** | `syrup-usdc`               |
| **Type**            | Overcollateralized lending |
| **Chain**           | Ethereum                   |
| **Liquidity**       | Typically within 24 hours  |

Syrup USDC is an overcollateralized lending product from [Maple Finance](https://maple.finance/). Deposits and withdrawals are handled through an ERC-4626 vault, but withdrawals can still be queue-based depending on protocol liquidity.

### U.S. Treasury Bill Vault

|                     |                                                                                                                         |
| ------------------- | ----------------------------------------------------------------------------------------------------------------------- |
| **Yield source ID** | `ground-ustb-vault`                                                                                                     |
| **Type**            | Tokenized U.S. Treasury exposure                                                                                        |
| **Chain**           | Ethereum                                                                                                                |
| **Liquidity**       | Typically within 2 hours, up to 24 hours                                                                                |
| **Vault**           | [`0x5a68cfE0DCCcfA4991e5a92d2c382b15B41C4119`](https://etherscan.io/address/0x5a68cfE0DCCcfA4991e5a92d2c382b15B41C4119) |

The U.S. Treasury Bill Vault provides exposure to short-duration U.S. Treasury bills through Superstate USTB. USDC deposits are converted into USTB and represented as non-transferable vault shares. Withdrawals are asynchronous and typically complete within two hours, but may take up to 24 hours depending on available Superstate liquidity.

### Syrup USDT

|                     |                                |
| ------------------- | ------------------------------ |
| **Yield source ID** | `syrup-usdt`                   |
| **Chain**           | Ethereum                       |
| **Base cash token** | USDT                           |
| **Liquidity**       | Typically within 24h (`PT24H`) |

Syrup USDT is currently in beta and has a per-wallet allocation cap, returned as `maxAllocationUsd`. Once the cap is reached, additional USDT stays as cash in the wallet. Yield can increase the position above the cap; this does not trigger an automatic sale or affect withdrawals.

### Morpho Gauntlet USDC Prime

|                     |                            |
| ------------------- | -------------------------- |
| **Yield source ID** | `morpho-gauntlet-usdc`     |
| **Type**            | Overcollateralized lending |
| **Chain**           | Ethereum                   |
| **Liquidity**       | Instant                    |

This source allocates into the Morpho Gauntlet USDC Prime ERC-4626 vault. Ground values the position from onchain `convertToAssets()` reads and computes the displayed APY from trailing NAV/share history.

### Morpho Steakhouse USDC Prime

|                     |                            |
| ------------------- | -------------------------- |
| **Yield source ID** | `morpho-steakhouse-usdc`   |
| **Type**            | Overcollateralized lending |
| **Chain**           | Ethereum                   |
| **Liquidity**       | Instant                    |

This source allocates into the Morpho Steakhouse USDC Prime ERC-4626 vault. It shares the same portfolio-wallet mechanics as Gauntlet but tracks a separate underlying Morpho vault.

### Kamino Allez USDC

|                     |                         |
| ------------------- | ----------------------- |
| **Yield source ID** | `kamino-allez-usdc`     |
| **Type**            | Curated kvault (Solana) |
| **Chain**           | Solana                  |
| **Liquidity**       | Instant                 |

Kamino Allez USDC is a Solana-native USDC yield vault curated by Allez on [Kamino](https://kamino.finance/). Allocations are held as kvault shares; Ground values the position from the onchain share price and unwinds via Kamino's kvault withdraw path.

### Kamino Gauntlet USDC Frontier

|                     |                                 |
| ------------------- | ------------------------------- |
| **Yield source ID** | `kamino-gauntlet-frontier-usdc` |
| **Type**            | Curated kvault (Solana)         |
| **Chain**           | Solana                          |
| **Liquidity**       | Instant                         |

A Kamino kvault curated by Gauntlet's Frontier mandate. USDC deposits are routed across Kamino reserves selected by the curator; yield and NAV are derived from onchain share pricing.

### Kamino RockawayX RWA USDC

|                     |                                     |
| ------------------- | ----------------------------------- |
| **Yield source ID** | `kamino-rockawayx-rwa-usdc`         |
| **Type**            | Curated kvault (Solana, RWA-tilted) |
| **Chain**           | Solana                              |
| **Liquidity**       | Instant                             |

A Kamino kvault curated by RockawayX with a real-world-asset tilt. Same portfolio-wallet mechanics as other Kamino kvaults; the strategy mix differs.

### Kamino Steakhouse USDC

|                     |                          |
| ------------------- | ------------------------ |
| **Yield source ID** | `kamino-steakhouse-usdc` |
| **Type**            | Curated kvault (Solana)  |
| **Chain**           | Solana                   |
| **Liquidity**       | Instant                  |

A Kamino kvault curated by Steakhouse Financial. Accepts USDC deposits, issues share tokens, and yields through Kamino's lending markets as directed by the curator.

### Kamino Superstate USDC

|                     |                                                  |
| ------------------- | ------------------------------------------------ |
| **Yield source ID** | `kamino-superstate-usdc`                         |
| **Type**            | Kamino klend reserve (Superstate-collateralized) |
| **Chain**           | Solana                                           |
| **Liquidity**       | Instant                                          |

Superstate USDC is a Kamino klend reserve directly (rather than a curated kvault). Supplies liquidity against Superstate-backed collateral; unwinds call the reserve's `redeem_reserve_collateral` path. Position value is derived from the reserve's current collateral exchange rate.

### Aave V3 USDC

|                     |                                                                                                                                                     |
| ------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Yield source ID** | `aave-v3-usdc`                                                                                                                                      |
| **Type**            | Overcollateralized lending                                                                                                                          |
| **Chain**           | Ethereum                                                                                                                                            |
| **Liquidity**       | Instant, subject to Aave pool liquidity                                                                                                             |
| **Provider page**   | [Aave USDC reserve](https://app.aave.com/reserve-overview/?underlyingAsset=0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48\&marketName=proto_mainnet_v3) |

Aave V3 USDC is the Aave Core market for Ethereum USDC supply. Ground represents positions as scaled aUSDC units and values them from Aave V3 reserve normalized income. Aave supply and withdrawal operations are atomic onchain transactions when pool liquidity is available.

## Rate semantics

* `apyBps` is an annualized yield figure in basis points.
* `syrup-usdc` uses Maple's Syrup rate feed.
* The U.S. Treasury Bill Vault uses trailing APR derived from the vault's onchain share-value history.
* Morpho ERC-4626 vaults exposed by the live catalog use trailing APR derived from ERC-4626 NAV/share history.
* Aave V3 USDC uses Aave reserve normalized income for valuation and trailing APR.
* Kamino kvaults and klend reserves use trailing APR derived from Kamino's onchain share price / collateral exchange rate history.
* All rates are variable and may change over time.

## NAV freshness

* `syrup-usdc` is valued from an onchain ERC-4626 `convertToAssets()` read.
* The U.S. Treasury Bill Vault is valued from the vault's onchain `convertToAssets()` read.
* Morpho ERC-4626 vaults exposed by the live catalog are also valued from onchain ERC-4626 `convertToAssets()` reads.
* Aave V3 USDC is valued from Aave V3 reserve normalized income for scaled aUSDC units.
* Kamino kvaults are valued from the onchain share price (`shareValueInAssets`) read via Kamino's kvault SDK.
* Kamino klend reserves (e.g. Superstate) are valued from the reserve's onchain `collateralExchangeRate`.

## `protocol`

`protocol` is a lowercase slug identifying the issuer or curating protocol for the yield source. Multiple yield sources can share the same protocol (e.g. all Morpho vaults have `"protocol": "morpho"`).

| Value        | Protocol                                     |
| ------------ | -------------------------------------------- |
| `morpho`     | Morpho Labs                                  |
| `maple`      | Maple Finance                                |
| `gustb`      | Ground gUSTB vault backed by Superstate USTB |
| `aave_v3`    | Aave V3                                      |
| `centrifuge` | Centrifuge                                   |
| `kamino`     | Kamino Finance                               |
| `superstate` | Superstate                                   |

Use `protocol` to apply protocol-level concentration limits in [`POST /v2/wallets/strategy/optimize`](/docs/portfolio-wallets/optimize-strategy).

## `estimatedWithdrawalTime`

`estimatedWithdrawalTime` is an ISO 8601 duration representing the worst-case yield-source unwind time (SLA upper bound), also referred to as `maxProcessingTime` in the optimization API.

| Duration | Meaning                |
| -------- | ---------------------- |
| `PT0H`   | Immediate              |
| `PT24H`  | Up to roughly 24 hours |

Use `POST /v2/wallets/:id/withdrawal-preview` when you need wallet-specific withdrawal timing rather than source-level estimates.

## `expectedProcessingTime`

`expectedProcessingTime` is an ISO 8601 duration representing the typical source-level unwind time — distinct from `estimatedWithdrawalTime`, which is the source-level upper bound. These fields do not include Ground scheduler, worker, customer approval, bridge, payout, or broader wallet workflow latency. For sources with predictable queue-based settlement, the expected time may be shorter than the maximum.

| Duration | Meaning                               |
| -------- | ------------------------------------- |
| `PT0H`   | Typically completes immediately       |
| `PT2H`   | Typically completes within \~2 hours  |
| `PT12H`  | Typically completes within \~12 hours |
| `PT24H`  | Typically completes within \~24 hours |

## Coming Soon

These are yield sources we have not yet integrated into Ground, but are actively tracking for future support.

### Aave USDT

|                   |                                                                                                                                                     |
| ----------------- | --------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Type**          | Overcollateralized lending                                                                                                                          |
| **Chain**         | Ethereum                                                                                                                                            |
| **Liquidity**     | Variable; withdrawals depend on available pool liquidity                                                                                            |
| **Provider page** | [Aave USDT reserve](https://app.aave.com/reserve-overview/?underlyingAsset=0xdac17f958d2ee523a2206206994597c13d831ec7\&marketName=proto_mainnet_v3) |

Aave USDT is the USDT version of Aave's Ethereum lending market, offering variable yield with withdrawals limited by pool liquidity and collateral constraints.

### Centrifuge JAAA

|                             |                                                                                                                                     |
| --------------------------- | ----------------------------------------------------------------------------------------------------------------------------------- |
| **Planned yield source ID** | `groundJaaaVault`                                                                                                                   |
| **Type**                    | Centrifuge ERC-7540 async vault                                                                                                     |
| **Chain**                   | Ethereum                                                                                                                            |
| **Liquidity**               | Async request and claim flow; expected processing around 2 hours, with an upper bound around 24 hours in the pending implementation |

Centrifuge JAAA is planned as a Ground-managed gJAAA vault backed by Centrifuge JAAA shares. Deposits and redemptions use an asynchronous ERC-7540-style request -> process -> claim workflow, so this source will not have the instant liquidity profile of Morpho, Aave, or Kamino sources.

### Superstate USCC

|                   |                                                       |
| ----------------- | ----------------------------------------------------- |
| **Type**          | Tokenized crypto carry fund                           |
| **Chain**         | Ethereum, Solana, Plume                               |
| **Liquidity**     | T+1 pricing, T+2 token or redemption settlement       |
| **Provider page** | [Superstate USCC](https://superstate.com/assets/uscc) |

USCC gives eligible investors tokenized exposure to a managed crypto basis and carry strategy rather than a simple cash-equivalent treasury fund.

### OpenTrade XHYC (High Yield Corporate Bond Vault)

|                   |                                                                                                                                                 |
| ----------------- | ----------------------------------------------------------------------------------------------------------------------------------------------- |
| **Type**          | ETF-backed corporate credit                                                                                                                     |
| **Chain**         | Avalanche, Plume                                                                                                                                |
| **Liquidity**     | Anytime, repaid T+1                                                                                                                             |
| **Provider page** | [OpenTrade High Yield Corporate Bond Vault](https://docs.opentrade.io/stablecoin-yield/stablecoin-yield-vaults/high-yield-corporate-bond-vault) |

XHYC is an OpenTrade vault backed by a short-duration high-yield corporate bond ETF, aiming to offer higher credit yield without a fixed lockup.

### OpenTrade XRV+ (Rates+ Vaults)

|                   |                                                             |
| ----------------- | ----------------------------------------------------------- |
| **Type**          | Structured rates and private credit                         |
| **Chain**         | Not yet publicly disclosed on the provider page             |
| **Liquidity**     | Not yet publicly disclosed on the provider page             |
| **Provider page** | [OpenTrade product suite](https://www.opentrade.io/product) |

XRV+ is OpenTrade's higher-yield rates product family focused on assets such as commercial paper and commodities trade finance rather than only short-term government paper.

### Ondo OUSG

|                   |                                                                                          |
| ----------------- | ---------------------------------------------------------------------------------------- |
| **Type**          | Tokenized US Treasuries                                                                  |
| **Chain**         | Ethereum, Solana, Polygon, XRPL                                                          |
| **Liquidity**     | 24/7 instant mint and redemption                                                         |
| **Provider page** | [Ondo Nexus / OUSG liquidity overview](https://blog.ondo.finance/introducing-ondo-nexus) |

OUSG is Ondo's flagship tokenized US Treasury product built for institutional-grade cash management with around-the-clock mint and redemption rails.

### Etherfuse Bonds

|                   |                                               |
| ----------------- | --------------------------------------------- |
| **Type**          | Tokenized sovereign bonds                     |
| **Chain**         | Solana, Polygon, Stellar                      |
| **Liquidity**     | Varies by bond series and market venue        |
| **Provider page** | [Etherfuse Bonds](https://app.etherfuse.com/) |

Etherfuse turns government bond exposure into onchain tokens such as USTRY, TESOURO, CETES, and other local-market bond series.

### JitoSOL

|                   |                                                                                                          |
| ----------------- | -------------------------------------------------------------------------------------------------------- |
| **Type**          | Liquid staking                                                                                           |
| **Chain**         | Solana                                                                                                   |
| **Liquidity**     | Liquid token with secondary-market access and native unstake flows                                       |
| **Provider page** | [JitoSOL overview](https://www.jito.network/docs/jitosol/get-started/using-jitosol-flow/using-overview/) |

JitoSOL lets users keep Solana staking exposure liquid and DeFi-usable while still earning staking and MEV-linked rewards.

### dSOL

|                   |                                                                                               |
| ----------------- | --------------------------------------------------------------------------------------------- |
| **Type**          | Liquid staking                                                                                |
| **Chain**         | Solana                                                                                        |
| **Liquidity**     | Liquid token within Drift's trading and earn stack                                            |
| **Provider page** | [Drift v3 overview](https://www.drift.trade/updates/introducing-drift-v3-built-to-outperform) |

dSOL is Drift's liquid staking token, designed to stay usable as a yield-bearing asset across Drift's trading and borrow-lend product surface.

### stETH

|                   |                                                                          |
| ----------------- | ------------------------------------------------------------------------ |
| **Type**          | Liquid staking                                                           |
| **Chain**         | Ethereum                                                                 |
| **Liquidity**     | Liquid token with daily rebasing rewards and broad DeFi liquidity        |
| **Provider page** | [What is stETH?](https://help.lido.fi/en/articles/5230610-what-is-steth) |

stETH is Lido's liquid version of staked ETH, letting users keep Ethereum staking exposure while continuing to use the asset across DeFi.

### Katana vbUSDC yVault

|                   |                                                                                                   |
| ----------------- | ------------------------------------------------------------------------------------------------- |
| **Type**          | Yield-bearing vault                                                                               |
| **Chain**         | Katana                                                                                            |
| **Liquidity**     | Onchain vault liquidity                                                                           |
| **Provider page** | [Katana vbUSDC vault](https://app.katana.network/earn/0x80c34BD3A3569E126e7055831036aa7b212cB159) |

Katana's vbUSDC vault is built on the network's Vault Bridge model to make bridged USDC productive as soon as it lands on Katana.

### Katana vbUSDT yVault

|                   |                                                                                                   |
| ----------------- | ------------------------------------------------------------------------------------------------- |
| **Type**          | Yield-bearing vault                                                                               |
| **Chain**         | Katana                                                                                            |
| **Liquidity**     | Onchain vault liquidity                                                                           |
| **Provider page** | [Katana vbUSDT vault](https://app.katana.network/earn/0x9A6bd7B6Fd5C4F87eb66356441502fc7dCdd185B) |

Katana's vbUSDT vault is the USDT counterpart to vbUSDC, packaging bridged stablecoin liquidity into a yield-bearing Katana vault.
