Stablecoin yield options for fintechs
Three indicative bands, from tokenized T-bills to higher-yield strategies, each run as a non-custodial vault under your brand.
Build your Earn menu
Launch with one conservative band and add more later
Platforms usually open Earn with a single conservative product and add a higher-yield band once it has a track record. Some want no DeFi exposure at all and start with tokenized money market funds or an offchain lending facility.
Each band carries its own risk disclosures and goes through DD on its own. Balances stay in USDC or USDT throughout.
From T-bills to higher yield
The 24/7 T-bill rate
Idle USDC or USDT earns the T-bill rate around the clock, held onchain and redeemable at NAV.
- Yield from
- Tokenized Treasury, money market and overnight-rate funds
- Watch for
- Fund issuer terms; tracks US short rates
- Suits
- Treasury cash and platform float
Lending and tokenized credit
A professional manager spreads deposits across established lending markets like Aave, or AAA-rated credit funds (CLOs).
- Yield from
- Interest paid by borrowers and credit funds
- Watch for
- Smart contract, borrower and fund issuer risk
- Suits
- A higher-rate Earn tier above T-bills
Custom strategies
Entirely custom strategies, deployed in DeFi or as a mix of different strategies, built around the return you want.
- Yield from
- DeFi markets, or a mix of strategies
- Watch for
- More risk, size limits and longer withdrawal times
- Suits
- A premium tier for customers who want more
Bands group the indicative yield of the underlying assets before vault fees. Rates float with market conditions and no return is guaranteed.
Live vaults in the enhanced band
Ethereum
Monad
EthereumThe same controls in every band
Non-custodial
Depositors hold a token for their balance and redeem it at NAV under each vault's published withdrawal terms.
Independent NAV
Upshift prices every position from several independent sources, and the manager has no say in its own price. The price is visible in real time.
Onchain limits
The policy engine limits where funds can go, by chain, protocol, token and action. Any transaction outside the mandate is blocked.
Live vault or your own
Plug into a live vault through the SDK today, or have a new vault built to your mandate, permissioned or open. Read the Tria case study or the Kraken Institutional case study.
FAQs
What does each band hold?
Cash holds tokenized Treasury, money-market and overnight-rate funds. Core holds established onchain lending markets, or tokenized credit and bond funds. Enhanced runs custom strategies in DeFi, or a mix of different strategies. Every position is readable onchain and on app.upshift.finance.
Can we offer yield without any DeFi exposure?
Yes. Three options stay clear of DeFi entirely:
- Tokenized money market funds holding short-dated US Treasuries. Watch for: fund issuer terms.
- A cash account with instant redemptions for platform float. Watch for: fund issuer terms.
- Offchain lending to vetted institutional borrowers against collateral. Watch for: borrower credit risk.
Each one has its own risk disclosures.
Do balances have to leave stablecoins?
No. Deposits stay in USDC or USDT the whole time and earn a 24/7 T-bill rate, with no off-ramp to fiat and back.
Are these rates guaranteed?
No. The bands group indicative yields before vault fees. Live vault rates float with market conditions and are shown on each vault page.
Who holds the funds?
Upshift vaults are non-custodial. The vault contract holds the pooled assets, and each depositor holds a token for their balance and redeems it at NAV under the vault's published withdrawal terms. Managers can only move funds between approved protocols. Institutions that need a qualified custodian can allocate from their Kraken qualified custody account.
Can we run a band under our own brand?
Yes. You can plug into a live vault or have a new one built to your mandate, and either can be permissioned (KYC and an allow list of depositors) or open to anyone. Users deposit through your own front end via the SDK, or through a branded page Upshift hosts for you.
