Unitas Labs Liquidity Campaign
Overview:
Unitas captures CEX funding & fee flow via a JLP delta-neutral hedge: long on-chain JLP, short perps off-exchange. The carry (historically 8–15% APR) is streamed to sUSDu while preserving the $1 peg.
Unitas Labs is building a “dollar + yield” stack on Solana:
- USDu – fully-collateralised, soft-pegged USD stablecoin
- sUSDu – receipt token that auto-accrues protocol yield
- Yield-as-a-Service (YaaS) – delta-neutral vaults for BTC/ETH/SOL treasuries
- Reg layer – Cayman SPC structure, Copper / Ceffu custody, monthly PoR
Key Features
- Solana-native delta-neutral stablecoin stack – USDu (fully-backed $1 stablecoin) + sUSDu (auto-yield receipt) built on an audited JLP-hedging engine
- Stake to earn – holders capture exchange funding fees (≈ 8-15% real yield) plus extra token rewards
- Non-custodial, SPC-regulated architecture – assets in MPC custody; monthly proof-of-reserve and insurance fund for peg defence
- Comparable project: Ethena’s USDe (Ethereum)
- Investors: MEV Capital, Stanford Blockchain Builders Fund, Amber Group – US$3m pre-seed (Jun 2025)
- Current round is $80M FDV (open), Amber has committed the funds.
Unitas Labs is backed by Amber Group, Blockchain Builders Fund(Stanford Blockchain fund), Bixin Capital, MEV Capital, Big Brain Holdings, 57Blocks.
Stake USDu via a Liquidity Land–tagged wallet for the full three-month term and earn a fixed token allocation:
- 0.07% of total token supply (7 bps) for every US$1M of average staked balance.
- Allocation is linear and prorated, e.g. US$500k earns 3.5 bps; US$2M earns 14 bps.
- $3M cap.
- Floor for base stablecoin reward set at 19.68 % APR for the period.
This token grant is on top of the base stablecoin yield paid by the protocol.
| Metric | Value |
|---|---|
| Stake amount | US $1M USDu |
| Term | 3 months |
| Fixed token grant | 0.07 % of supply |
| Illustrative FDV | US$80M |
| Token value | US$56k |
| Implied APR | 22.4% (fixed) + 19.68% base yield → ≈ 42.08% total APR |
| Token distribution | 50% at TGE, 50% linear vest over 6 months |
| Base stablecoin yield | Floor set at 19.68% APR for the period |
Underlying strategy:
Unitas goes long Solana’s JLP liquidity pool on-chain, then shorts the exact basket on top-tier CEX perps via off-exchange settlement. This allows it to lock its dollar value while harvesting the funding fees and maker rebates those venues pay to liquidity providers.
Why it works:
- Exchange funding & rebates – Traders pay to keep leveraged long positions open; market-makers earn rebates for providing liquidity. The delta-neutral hedge pipes that cash-flow straight to sUSDu holders.
- No price exposure – The perp short neutralises the spot basket, so SOL/ETH/BTC moves don’t matter; only the fee/funding spread does.
- On-chain proof, off-chain depth – Collateral sits transparently in JLP vaults (>102% backed), but orders execute on deep CEX books, scaling capacity without relying on thin DeFi pools.
- Risk throttles – Hourly re-hedging, venue caps, and an insurance skim (10% of yield) cover tail events and peg defence.
Net result: historically 8–15% real USD APR before promos - stable, transparent, and uncorrelated with token emissions.
| Risk | Mitigation |
|---|---|
| CEX / custodian failure | Segregated MPC custody; multi-provider roadmap |
| JLP volume dries up | Yield floor guaranteed for promo period |
| Peg stress | >102% collateral ratio + insurance fund |
- Activate bonus on Liquidity.Land
- Submit your transaction on L.L. dApp
- Target TGE: Q4 2025
- Vesting: 50% unlock at TGE, 50% linear vesting over 6 months post TGE
