Solayer USD

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

sUSD TVL is calculated by summing all assets backing the stablecoin

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Solayer USD is published as a versioned release inside the Solayer protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Solayer USD is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Nov 14, 2024
   Listed on DeFiLlama

Solayer USD operates in the RWA category of DeFi. It is deployed on Solana.

Solayer USD is a single-chain protocol, deployed exclusively on Solana — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Switchboard); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for Solayer USD — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Solayer USD is one of 7 RWA protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tether Gold, BlackRock BUIDL, Paxos Gold, and 3 more. These peer protocols collectively secure $14.3B in deposits, giving you a frame of reference for whether Solayer USD's own TVL is at the top, middle, or tail of the category.

Tether Gold

TVL $3.6B · 24h -0.43%

BlackRock BUIDL

TVL $2.5B · 24h +0.43%

Paxos Gold

TVL $2.5B · 24h -0.60%

Circle USYC

TVL $2.4B · 24h +4.42%

Ondo Yield Assets

TVL $2B · 24h -0.67%

Centrifuge Protocol

TVL $1.3B · 24h +4.07%