Overview
- The yield is engineered by staking Solana through Figment and offsetting SOL price moves with perpetual futures managed by OpenTrade.
- Investors deposit stablecoins via Figment’s platform or APIs, begin accruing interest immediately, and can withdraw at any time.
- Crypto.com holds the staked SOL in segregated accounts that grant investors a security interest separate from the custodian’s balance sheet.
- The advertised return of roughly 15% APR reflects historical performance and remains subject to market conditions, basis dynamics, and hedging effectiveness.
- The offering targets institutions seeking yield without direct SOL price exposure while working with identified counterparties under a legal framework uncommon in on-chain DeFi.