Overview
- Figure Technology Solutions and its Figure Certificate Company deployed YLDS on the Sui blockchain on October 14, 2025 through a partnership with Mysten Labs.
- YLDS integrates via Sui’s DeepBook as a foundational yield layer and is set to power a stablecoin lending pool for margin trading and native swaps, with launch timing not announced.
- The token is a yield-bearing debt security backed by short-term U.S. Treasury securities and repurchase agreements, accruing at SOFR minus 35 basis points with daily crediting.
- Holders get instant peer-to-peer transfers, 24/7 liquidity, and direct USD on- and off-ramps, with access available to both individual and institutional investors.
- Sui highlighted that SUI may be listed as potential collateral on Figure, while ecosystem data cited Sui DeFi TVL near $3.46 billion and modest onchain RWA exposure.