Overview
- YLDS is now live natively on Sui and designated as the yield layer for DeepBook, Sui’s central limit order book and liquidity platform.
- The security token yields Secured Overnight Financing Rate (SOFR) minus 35 basis points and is backed by short-term U.S. Treasury instruments.
- Figure Certificate Company, registered as a face-amount certificate company under the Investment Company Act of 1940, issues YLDS to both individual and institutional investors.
- DeepBook’s planned margin trading system and a stablecoin lending pool will integrate YLDS for yield, with timelines not yet announced.
- Figure and Sui are exploring allowing SUI to be used as collateral on Figure’s lending platform, and Figure signals a broader multi-chain rollout, with Sui’s DeFi TVL reported near $3.46 billion and roughly $17 million in on-chain RWAs.