ynUSD MAX - ynUSDx
USD-based strategies that settle on Ethereum L1
ynUSDx is a MAX LRT designed to deliver optimized, risk-adjusted yield from stablecoins. By aggregating top-tier DeFi and RWA strategies spanning lending, liquidity provision, and yield farming, ynUSDx transforms stablecoin exposure into a single liquid, composable asset.
Built on Ethereum L1 for security and settlement finality, it targets APYs of 4–15%+ while giving users the flexibility to scale yield exposure up the risk curve. With its modular design, auto-compounding engine, and dynamic capital allocation, ynUSDx turns passive stablecoins into productive, yield-generating assets, unlocking utility, transparency, and sustainable growth for DeFi users.
Contract Address: 0x3DB228FE836D99Ccb25Ec4dfdC80ED6d2CDdCB4b
We've comprehensively assessed YieldNest MAX LRTs, focusing on how products like ynUSDx generate yield, are designed, and maintain security.
🔗 YieldNest General Protocol Assessment
Base Configuration - ynUSDx
Price Asset
USDC
Primary Underlying Asset
USDC
Accounting Layer
Ethereum L1
Underlying Assets
USDC
Below is a high-level overview of its key features, architecture, and how it manages security & risk.
Key Features
Multi-asset USD exposure: Uses top stablecoins and interest-bearing derivatives.
Auto-compounding: All rewards are harvested and redeployed for maximum yield.
Flexible Strategy Engine: Capital allocated dynamically across strategies.
Buffer-Based Withdrawals: A portion of assets remains liquid to enable fast redemptions.
ERC-4626 Compliant: Full compatibility with external DeFi protocols.
Governance Controlled: YieldNest DAO can vote on strategies, assets, and parameters.
Guard Validation Engine: On-chain security layer that enforces trusted execution and governance-approved rules across all MAX LRT transactions.
Strategy Architecture
Lending Strategy: Morpho USDC Core Vault (link)
Super USD strategy: SuperUSDC optimizes USDC yield across blue-chip lending protocols on Ethereum by automatically rebalancing between vaults using predictive on-chain data.
RWA Strategy: ynRWAx is a curated Real-World Asset (RWA) vault users access to stable yields generated on RWAs.
Buffer Target: 10–20% in USDC
Security & Risk Management
Hypernative Monitoring: 24/7 AI-based threat detection.
Guard Engine: Whitelist-based control over strategy interactions.
Audited Contracts: All deployed code is reviewed and upgradeable.
Manual Buffer Refill: Rebalanced as needed until automation is implemented.
Value Accrual Example
ynUSDx auto-compounds rewards, enhancing token value over time. As yields are generated and compounded, the value of ynUSDx grows.
Value Accrual Example (assuming 12.5% APY for ynUSDx)
Restaking Time
Amount ynUSDx
Value in USDC
Day 0
1 ynUSDx
1.000 USDC
Day 180
1 ynUSDx
1.0625 USDC
Day 365
1 ynUSDx
1.1250 USDC
ynUSDx does not rebase. Instead, the token's share price increases as the underlying stablecoins generate and compound yield.. No rebasing—value grows via share price.
ynUSDx offers a stable, modular, and high-yield USD exposure for DeFi users, abstracting strategy complexity while ensuring transparency, liquidity, and security.
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