USDu

USDu is a yield-bearing stablecoin issued by Unitas Labs, designed to maintain a value of one U.S. dollar while also passing through returns generated by the assets that back it. It is intended for individuals and institutions who want a dollar-denominated token they can use across decentralized finance applications, exchanges, and wallet-to-wallet transfers. The project addresses the common stablecoin trade-off between dollar stability and earning a return on idle dollar holdings.

Each USDu token is issued under the SPL token standard on Solana, meaning it lives natively on that blockchain and can move freely across any Solana-compatible application. The collateral behind the supply consists entirely of cash and short-duration U.S. Treasury instruments held at regulated custodians, and on-chain proof-of-reserves data allows anyone to verify those collateral levels at any time. Minting new tokens and redeeming them requires passing a KYC process, though tokens already in circulation can be transferred without restriction.

The data stored for USDu does not include a fee revenue stream, so fee-based measures such as protocol income or fee yield are not available for this asset on this site. The economic return associated with the token is described as deriving from the yield on the underlying Treasury instruments, but no specific fee figures, fee recipients, or protocol retention amounts are captured in the stored metrics. The 30-day stablecoin supply change of 0.006005 and the 24-hour turnover of 0.024961 relative to market capitalization of approximately 48,054,223 U.S. dollars describe activity levels but do not speak to fee economics.