Introduction

Crypto-native stablecoin that protect savings from hyperinflation

Aegis Yield Generation Mechanism

Aegis delivers stable and transparent yield by capturing funding rates through a delta-neutral arbitrage strategy. User deposits are first secured in custodial vaults, then made available on exchanges via off-exchange settlement, reducing exposure to centralized exchange risks while preserving liquidity.

With capital secured, Aegis builds delta-neutral positions by purchasing Bitcoin in the spot market and shorting an equivalent amount in COIN-M perpetual contracts. This removes price exposure and locks in stability. The core source of yield comes from funding rate payments in perpetual futures markets, where traders pay fees to keep contract prices aligned with spot. By maintaining short exposure, Aegis consistently collects these funding fees, disbursed multiple times per day.

This structure transforms Bitcoin’s derivatives markets into a predictable revenue stream. Through secure custody, hedged trading, and systematic arbitrage, Aegis ensures that YUSD and sYUSD holders earn sustainable on-chain yield without relying on speculative risk.

Advantages of YUSD

Full Transparency

Aegis is committed to absolute transparency in all its operations. You can access detailed information about APY calculations, view our Proof of Reserves panel displaying custodial vaults with collateral assets, and monitor our open market positions on various exchanges.

Furthermore, we generate a read-only API key, allowing seamless access to Aegis exchange positions.

Complete Independence

Utilizing BTC-Margined perpetual contracts, we secure funding in base assets, establishing our operational independence from existing stablecoins and the fiat banking system.

Security by Design

Aegis employs a security layer that ensures new YUSD is created only when collateral in USDT, USDC, or DAI is deposited into the Aegis Mint smart contract. We partner with premier custodians such as Fireblocks, Copper.co, and CEFFU to ensure maximum security. By opting for off-exchange settlements, we strategically avoid storing funds on centralized exchanges, significantly reducing risk and safeguarding your investments.