# Introducing haUSDC: Your USDC, Put to Work 

By [Harmonix Finance](https://paragraph.com/@harmonix-finance) · 2026-03-24

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There is currently 800m USDC deposited on @HyperliquidX and most is earning nothing.

haUSDC will change that, here's everything you need to know.

![](https://storage.googleapis.com/papyrus_images/80c73ac2eef82819f67d2bd26469313b0f19d1aecf70864ec9dc44e0cc3c4909.png)

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**What Is haUSDC?**
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haUSDC is Harmonix's yield-bearing receipt token for USDC depositors. It follows the ERC-4626 vault standard — the gold standard for yield-bearing tokens in DeFi.

The mechanic is simple:

**Deposit USDC → receive haUSDC shares → watch your share grow in value over time.**

Yield compounds directly into the exchange rate. No claiming. No staking. No manual rebalancing. Your share simply becomes worth more USDC as yield accrues in.

Minimum deposit: 1 USDC.

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**Where Does the Yield Come From?**
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Capital is split across three strategies that shift dynamically based on market conditions:

**1\. Delta Neutral — the engine**Capital is paired long spot / short perpetuals on HyperCore to earn funding rate payments while maintaining zero directional exposure. No price bets. This is the primary, most consistent yield source.

**2\. Spot Supply — the multiplier**A portion is deployed into lending and liquidity protocols on HyperEVM — Felix, Hyperswap, and HyperLend — generating additional variable yield on top of funding income.

**3\. Idle Buffer — the safety valve**A small reserve is kept undeployed at all times to support smooth redemptions without unwinding active positions.

When funding rates shift, capital rotates automatically. No action needed from you.

![](https://storage.googleapis.com/papyrus_images/49bf16e663c925fd96e9ca1e1fa0c708d051aa5ec0af4ed29f88231c28341774.png)

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**Coming Upgrade: ERC-7540**
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Harmonix is implementing the **ERC-7540 standard** — an official async extension of ERC-4626 — to enable a integrations like [@superformxyz](https://x.com/@superformxyz)

What this means: once live, users will be able to deposit into haUSDC from **any chain, using any asset**, via platforms like Superform's app and mobile. No manual bridging. No extra steps.

The upgrade supports Harmonix's asynchronous withdrawal architecture (where users initiate a withdrawal request before claiming) while keeping instant deposits — the standard design for vault strategies that take time to unwind positions.

Superform has confirmed the integration is compatible out of the box.

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**Beyond Base Yield: Points Stack Automatically**
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Every haUSDC position automatically accrues **Points** from partner protocol with no additional steps. These compound total returns on top of what the base APY shows, rewarding early contributors to the ecosystem.

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**Built Natively on Hyperliquid**
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Harmonix is built directly on Hyperliquid's stack:

*   **HyperBFT** — consensus layer keeping HyperCore and HyperEVM fast and in sync
    
*   **HyperCore** — where the basis trade executes (funding rates, perps, spot)
    
*   **HyperEVM** — where the lending and liquidity strategies run (Felix, Hyperswap, Kinetiq)
    

No bridges. No external oracles. Everything runs on the same stack — from consensus to application.

![](https://storage.googleapis.com/papyrus_images/e37fc5d48eb50c846b501440dcb6f444214e73025ceb245dfe01e6d016382a4d.png)

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**Key Details**
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*   **Underlying asset:** USDC
    
*   **Standard:** ERC-4626
    
*   **Minimum deposit:** 1 USDC (at launch)
    
*   **Strategy:** Delta-neutral basis trade + HyperEVM lending
    
*   **Points:** Harmonix Points + partner protocol points (automatic)
    
*   **Status:** Coming Soon
    

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**One Thing to Know**
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haUSDC is not a fixed-yield instrument. Yield fluctuates with funding rates, market conditions, and protocol activity. The share price grows over time as yield accrues — each haUSDC will be worth more USDC at redemption than at deposit. haUSDC is not pegged to $1; it is a yield-bearing vault share denominated in USDC.

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**Be Ready for Launch**
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haUSDC is launching soon on Harmonix Finance. Follow along and be early.

Docs:

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Harmonix Docs - DeFi Yield Protocol on Hyperliquid
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Harmonix Finance documentation - yield-bearing stablecoins, haHYPE/hakHYPE tokens, basis trade vaults, and smart contract integration guides on Hyperliquid.

https://harmonixfi.github.io

![Harmonix Docs - DeFi Yield Protocol on Hyperliquid](https://storage.googleapis.com/papyrus_images/92f8e9f3f2921f830436cebffa250b1a435d8c10efdf9d0b6668beddbd8e6a29.png)

](https://harmonixfi.github.io/harmonix-docs-v2/harmonix-docs-v2.html)

WEB:

[

Harmonix Finance
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Explore our range of innovative DeFi products designed to enhance your crypto investment journey. From automated hedge fund vaults to restaking strategies, we've got you covered.

https://app.harmonix.fi

![Harmonix Finance](https://storage.googleapis.com/papyrus_images/b2f99493185665ee434ec8bf5ae51ee6b64ac6e2209ac2c12049c17045864ff6.jpg)

](https://app.harmonix.fi/home)

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*Originally published on [Harmonix Finance](https://paragraph.com/@harmonix-finance/introducing-hausdc-your-usdc-put-to-work)*