Perena
Description
A Solana "stablebank" that runs one yield-bearing dollar, USD*, as a diversified multi-manager portfolio and publishes the allocation to each manager on a live transparency dashboard. Founded by Anna Yuan, former Stablecoin Lead at the Solana Foundation, and backed by Solana co-founders Anatoly Yakovenko and Raj Gokal, YZi Labs (formerly Binance Labs) and Borderless Capital. Nasdaq-listed DeFi Development Corp allocated part of its stablecoin reserves to USD* in December 2025. What it is: Deposit USDC on Solana and mint USD*. USD* has no fixed $1 peg: its price rises as the portfolio earns (NAV $1.0988 on 28 Sep 2026). USD* has $11.2M TVL and 8,670 holders.
Resources
Links
Liquidity.land bonus
Perena-funded top-up till the 10%
Assets
Networks
Period
3-month soft lock, top-up paid at the end of the term
Boost conditions
All users with only new positions
Reward breakdown
10% fixed (USDC base yield + Perena-funded top-up)
Activated Value
$24.9K
from 5 users