iUSD26
$iusd
MCAP173.53M
-0.08%

what's iUSD?

iUSD is a yield-bearing stablecoin token issued by Infinifi Labs, designed for use in DeFi protocols to capture yields while maintaining redeemability. It functions by allowing users to deposit USDC to mint iUSD, which accrues yield from underlying lending or liquidity strategies, and can be redeemed 1:1 for USDC at any time without slippage or swap fees. This makes it particularly suitable for leveraged positions in yield tokenization platforms like Pendle, where principal tokens (PTs) and yield tokens (YTs) enable separation of yield and principal exposure.

Snapshot

iUSD/USDC liquidity pool on Stake DAO provides +3.10% extra APR for 7 days starting Jan 15.

contract

ethereum

1D ago
FINANCIAL EVENT

Launches with $35,000 in ecosystem rewards for users who provide liquidity or deposit into vaults.

TECH EVENT

Introduces iUSD as Initia's native stablecoin, backed by AUSD and bridged via LayerZero.

1M ago
MARKET ACTIVITY

Added iUSD/USDC liquidity pool with direct incentives on Stake DAO, providing +3.10% extra APR to LPs for 7 days starting January 15, 2026.

VISIBILITY EVENT

featured in a podcast episode discussing token buybacks, neo-finance, and market outlook alongside other Web3 projects

2M ago
VISIBILITY EVENT

Nominated for Best New DeFi award at therollupco awards ceremony scheduled for December 30th, 2025.

Silo Finance creates isolated lending market for PT iUSD (19 Feb) / USDC with 90/93 LTV ratios, $3m available liquidity, 7.3% PT supply rate and 3.8% USDC borrow rate for leveraged yield farming positions.

Founder states DTCC tokenization creates RWA liquidation opportunities with 40% average spreads and expects significant growth in RWA borrowing and lending over the next year.

infiniFi and ether.fi collectively contribute $35 million in cumulative deposits to Cap Money, as Cap Money reaches new ATH TVL of $317 million with $317 million cUSD in circulation.

Season 2 emits a fixed 2,000 points daily with the mini campaign estimated to run for 9 weeks until TGE, while the 12x points multiplier currently applies to only 6% of TVL.

Participates in Votemarket veCRV voting campaigns alongside 25 other protocols in a round distributing $808K total rewards across 79 campaigns.

Integration with Penpie platform launches, enabling users to earn up to 12x InfiniFi Points by depositing Pendle LPs for iUSD and siUSD tokens alongside boosted PENDLE yields.

Integration with Penpie launches offering up to 12x InfiniFi Points and boosted PENDLE yields for users depositing Pendle LPs for iUSD and siUSD.

Penpie integration launches with up to 12x boosted InfiniFi Points for users depositing Pendle LPs for iUSD and siUSD, in addition to boosted PENDLE yields during Pendle Week.

The first chapter of the new reward system ends on December 9.

iUSD goes live on Equilibria platform with full vePENDLE boost support, accepting iUSD, USDC, or existing Pendle LP/PT deposits for enhanced yield.

iUSD goes live on Equilibria with full vePENDLE boost support, accepting iUSD, USDC, and Pendle LP/PT in the new pool.

Season 2 launches live on Ethereum on December 2nd.

Listed among projects expected to have Token Generation Event in 2026.

New Pendle pool for Infinifi iUSD launches on Ethereum with 19-FEB maturity date.

3M ago

Season 1 concludes December 1 with the project moving toward its Token Generation Event.

Featured in yield analysis for on-chain carry trade functionality in collaboration with 628Labs and ipor_io.

Season 1 approaches completion with points totaling 5,555,189.

InfiniFi launches a 100K point airdrop program targeting Stream migrators.

TVL reaches $153M with 95% month-over-month growth rate maintained since the June launch.

The Risk Council rejected exposure to xUSD and deUSD collateral types, and the project verified the research and avoided exposing users to these assets.

Begins 30-day transparency initiative with new dashboard launch featuring Spearbit-audited contracts and risk tranching functionality for siUSD & iUSD tokens.

Announces 30-day transparency initiative starting with dashboard featuring Spearbit-audited contracts and risk tranching for siUSD & iUSD.

Platform holds $36M in fully liquid reserves for withdrawals, with siUSD earning 7.52% APY, and a trader successfully verified withdrawal capability.

infiniFi announces upcoming Pre-Deposit Vault on Plasma network offering 10% APY, XPL rewards, and 4x infiniFi points multiplier.

4M ago

Vaults on Fusion network provide leveraged exposure to infiniFi points (stablecoin-specific points) with 15%+ APR on stables and additional Fusion Points rewards.

PT-iSUD loop handles $100k margin and delivers 60% ROE with deep liquidity.

PT-siUSD yield dropped from 12% to 9% IY, Season 1 ends December 1st with ~3.6M points accumulated, and airdrop expected at 5% FDV.

iUSD stablecoin achieves $151.37M growth from July 1 to October 16, 2025, placing 5th in a ranking of fastest-growing new stablecoins.

iUSD Yield (Senior Tranche) is featured in weekly pool ratings, revealing a structured tranche-based product design.

5M ago

TVL growth is reportedly so rapid that the project founder cannot keep up with the scaling demands, indicating exceptionally high adoption velocity beyond normal project growth patterns.

Platform offers 8-week stablecoin locking with over 16% yield currently available.

Increases Penpiexyz voting incentives to $1,500 USDC with significantly higher APR rates of 53% for iUSD and 58% for siUSD.

Infinifi integrates with Spark Points Season 2 program as a new points stacker, offering users up to 3 points per USDC per day.

Partners with Penpiexyz_io to offer $1,400 in USDC incentives through voting market, providing 22% APR on iUSD and 28% APR on siUSD.

Reaches $115M TVL milestone while liUSD maintains over 14% base APY performance.

Infinifi identified as one of only 4 stablecoins in the top 40 that operate exclusively on Ethereum mainnet, alongside Ethena, GHO, and fxusd according to DefiLlama data.

Gearbox develops zero-slippage, zero-fee 40x leverage functionality, expanding protocol capabilities through strategic partnership.

6M ago

New 40x leverage feature launches with 5x revenue growth from permissionless implementation.

US-based DeFi yield project approaches $100M TVL milestone alongside other dollar yield protocols in regulatory-friendly environment.

Voting incentives increase to $1,500 USDC with rebalanced APRs: 68% for iUSD ($900) and 40% for siUSD ($600) on Penpie Voting Market.

50% PT positions expire next week, driving higher yields for siUSD/liUSD; new yoUSD integration announced.

New iUSD pool launches on Penpie with 4.5x InfiniFi Points and 2x Sats rewards for LP token deposits.

Active migration campaign underway for Pendle September 3 markets with educational support materials provided.

Active partnership with Morpho Labs revealed alongside strategic focus on DeFi and TradFi integration targets.

Voting incentives increase to $1,400 USDC with higher APRs of 64% for iUSD and 53% for siUSD pools.

Voting incentives increase to $1,200 USDC total, split between iUSD ($800) and siUSD ($400) pools with 29-33% APR.

7M ago

Junior li-USD tranches expected to experience significant APR spike within 24 hours due to PT maturity J-Curve event.

$500 USDC voting incentives program offers 102% APR through Penpie voting market for iUSD pool supporters.

New siUSD pool launches on Penpie offering 21% APY and 2.25x points multiplier for LP deposits.

Protocol experiencing technical issues with redemptions and significant slippage on iUSD conversions.

New yield farming strategy enables 44% APY using 6x leverage with USDC/liUSD, maintaining 86% LLTV and 7.14% borrowing rate.

New Principal Token PT-iUSD-4SEP2025/USDC launches with Morpho Labs integration

8M ago

Direct 1:1 USDC redemption mechanism eliminates swap fees and slippage on leveraged exits.

Protocol achieves 47% APR at 10x leverage through multiple new integrations including 0xfluid lending and Morpho Labs.

Ethena assets now power protocol with 50% iUSD backing allocation and 1.6x ecosystem multiplier effect.

iUSD expands to Penpie platform offering 4.5x points boost for deposits and LP positions.

New boosted pool launches on Penpie offering 4.5x InfiniFi Points multiplier for deposits

Protocol reaches $20M TVL in first week and announces Pendle integration.

Points program launches with 1x-4.5x multipliers across different strategies, including 18% APY for iUSD locks and 8.9% APY for staking, running for 6 months maximum.

New iUSD pool launches on Equilibria with 2.5x boost and 4.5x points multiplier

New Pendle boosted pool launches on Equilibria offering 2.5x boost and 4.5x infiniFi Points multiplier.

Stablecoin deposits and points system now live on main app.

Current protocol yields 7.6% on liquid deposits through Aave, Fluid, and Euler integrations, utilizing partial allocation to longer-duration assets.

New yield structure offers 11.2% APY for senior deposits, 20-23% APY for junior lockups, and 3x points for iUSD-USDe LP providers.

Protocol integrates with Pendle, Ethena Labs, and Term Labs to offer amplified yields through a single collateral-enabled stable token.

iUSD-USDe Smart Lending pool launches with trading fee rewards and 3x points earning structure.

Smart Lending pool goes live for iUSD-USDe pair, offering trading fees and 3x points rewards.

Protocol introduces time-sliced liquidity pools with dual yield structure: base AAVE rates for liquid deposits and enhanced yields for time-locked assets.

Protocol launches tomorrow, focusing on DeFi duration yields

10M ago

Building fixed-term lending infrastructure on Term protocol with seed investment backing.

Electric Capital backs protocol bringing fractional reserve banking and RWA yields to DeFi through automated duration asset management.