AKASHI

Exponent PT — eUSX (Dec 2026)

ExponentExponentPoints

5.83%

Current APY

5.59%

7D avg

5.72%

30D avg

$2.2M

TVL

Already have a position?

Connect to see its value, earnings, activity, and live risk.

Latest check failed. This opportunity may not work as expected right now.

Moderate risk · Grade C

42/100

  • The strategy is more complex than plain lending — a fixed-term market adds moving parts that can each go wrong.
  • eUSX's backing carries more risk than plain cash reserves — synthetic-backed.
  • Where the return comes from adds risk — yield comes from a market-neutral trading strategy.

Strategy

risk 45/100
  • Strategy type80

    Fixed-term market

  • Leverage0

    No leverage.

  • Yield source50

    Yield comes from a market-neutral trading strategy.

  • Pool usage0

    Not a utilization-driven product.

  • Pool size30

    ~$2.2M pool.

  • Lock-up & yield stability24

    Locked 20d; 30d APR volatility 0.2pp.

What can go wrong

  • The return is fixed only if you hold to maturity. Selling early is subject to the market price and slippage.
  • Value depends on the underlying yield token keeping its peg and the protocol honoring redemption at maturity.
  • Your capital is effectively committed until maturity.

The assets

risk 49/100

What your deposit is held in, and how steady its value is.

eUSX
CGCMC
  • Backing model60

    eUSX: synthetic-backed.

  • Peg history · no data30

    No peg history accrued yet (eUSX).

  • Issuer size48

    eUSX: ~$201.1M market cap.

  • Exit liquidity50

    eUSX: ~$945k DEX depth.

  • Token age51

    eUSX: live since 2025.

  • Freeze authority0

    No freeze authority on the underlying tokens.

About eUSX

Each asset in this position — what it is, how reliable it is, and any past depegs.

eUSXStaked USXYield-bearing stable
Some Risk
CGCMC

By Solstice. Staked form of Solstice's USX (backed 1:1 by USDC/USDT); accrues yield from delta-neutral trading strategies. · Live since 2025

  • ·Yield-bearing — price is designed to drift upward, so it has no fixed $1 peg.
  • ·Price volatility: 0.01% (30d).
  • ·Small market cap — thinner liquidity amplifies price moves.
Volatility (7d): 0.0091%DEX liquidity: $945K
Audited: Yes — Halborn (contracts); Accountable proof-of-solvency

Past depeg events

  • ▼ $0.10 · 2025-12-26 — Tracks USX, which crashed to ~$0.10 on Solana DEXs on 2025-12-26 from a secondary-market liquidity drain (the token stayed over-collateralized) before recovering to ~$0.99 the same day. source
3Thd…p1WC

Token notes & warnings

  • Low activity — This token has low organic activity
  • Mintable — The authority's owner has the ability to mint more tokens

Who runs it

ExponentExponentXDocsDefiLlama
risk 32/100

The team and protocol behind this, and their track record.

Splits a yield-bearing token into principal and yield legs. Buying the principal token (PT) at a discount locks in a fixed yield redeemable at maturity.

  • Admin controls45

    Upgradeable behind a multisig (threshold undisclosed).

  • Exploit history0

    No known exploits.

  • Track record37

    Live for ~29 months.

  • Price feeds · no data55

    Oracle setup unknown.

  • Scale19

    $75.9M TVL — limited adoption so far.

  • Safety reserves · no data40

    No disclosed treasury/insurance backstop.

  • Bug bounty15

    Live bug bounty up to $250k.

  • Audits0

    Audited (Offside Labs, OtterSec, Sec3, Certora, Adevar Labs).

How we rate risk

Stablecoin strategies get a 0–100 risk score (lower is safer) built from three areas — Protocol (audits, incident history, track record and admin controls), Strategy (leverage, lock-ups, pool size and yield source) and Asset (the token's peg record, backing, and exit liquidity) — weighted by strategy type — and the weakest area can push the overall number higher (riskier) on its own. The score maps to a grade: A ≤ 22, B ≤ 35, C ≤ 50, D ≤ 70, E above. Grades compare opportunities within our stablecoin catalog — an A is the strongest thing we list (blue-chip stablecoin lending), not a promise of safety. Live events (an active depeg, a reported exploit, a sharp deposit outflow) override the score immediately. Where we lack data, the factor says so and scores cautiously. Non-stablecoin opportunities are not rated. A comparison aid, not advice.

Risk levels are Akashi's own assessment to help you compare opportunities — not financial advice or a safety guarantee. Every DeFi position carries smart-contract and market risk.

Non-custodial · Akashi never holds your funds