AKASHI

eUSX (Solstice)

SolsticeSolsticePoints

5.90%

Current APY

—

7D avg

—

30D avg

$4.4M

Issued (TVL)

$945K

DEX Liquidity

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

38/100

  • eUSX's backing carries more risk than plain cash reserves — synthetic-backed.
  • Selling in a hurry could move the price — eUSX: ~$945k DEX depth.
  • Mid-size issuer — less cushion than the largest stablecoins (~$201.1M market cap).

Strategy

risk 20/100
  • Strategy type15

    More complex strategy type.

  • Leverage0

    No leverage.

  • Yield source50

    Yield comes from a market-neutral trading strategy.

  • Pool usage0

    Not a utilization-driven product.

  • Pool size0

    Token hold — no pool.

  • Lock-up & yield stability1

    30d APR volatility 2.1pp.

What can go wrong

  • Depeg risk: the token can trade below $1 if the issuer's backing or strategy comes under stress.
  • Exit depends on DEX liquidity — thin liquidity means more slippage when swapping back to USDC.
  • Yield and peg both depend on the issuer; many of these are off-chain RWA or synthetic-dollar issuers (see the protocol notes below).

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

SolsticeSolsticeXDocsDefiLlama
risk 30/100

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

Issues the USX dollar and yield-bearing eUSX, generating yield from delta-neutral trades (long spot hedged with short perpetuals).

  • Admin controls40

    Documented EVM multisig/timelock governance (off-Solana).

  • Exploit history0

    No known exploits.

  • Track record49

    Live for ~22 months.

  • Price feeds0

    Multiple robust price feeds (Chainlink, Pyth).

  • Scale8

    $201.1M TVL — limited adoption so far.

  • Safety reserves · no data40

    No disclosed treasury/insurance backstop.

  • Bug bounty · no data30

    No bug bounty on record.

  • Audits20

    Audited (Halborn).

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