April was an important month for Unitas for product growth, new asset development, exchange access and risk management.
sUSDu reached a new supply milestone, xGLD was introduced as the next yield-bearing asset in the Unitas product suite, $UP expanded across major trading platforms and the team maintained full operational continuity during a difficult period for DeFi.
sUSDu became the largest Solana native yield-bearing stablecoin listed on Stablewatch in April.
Stablewatch reported that sUSDu supply reached ~$100M, representing 4.3x growth YTD. This milestone reflects continued demand for yield-bearing assets on Solana and stronger adoption of the Unitas product suite.
@UnitasLabs's sUSDu supply just hit ~$100M, 4.3x growth year-to-date.
Unitas introduced xGLD in April as the next product in its expansion beyond USDu.
xGLD is a yield-bearing gold asset issued by Unitas. It gives users gold price exposure through XAUt backing while distributing yield generated from Unitas strategies.
xGLD expands the Unitas product suite from stablecoin yield into RWA assets backed by bluechip collateral. Future integrations may include lending markets, liquidity pools and yield trading, with collateral usage as a key product direction.
Learn more.
Unitas has distributed over $3M in yield to sUSDu holders since launch.
sUSDu delivers market-leading yield generated from a basket of delta-neutral strategies, including funding rate capture, lending and trading fee accrual. These strategies are designed to generate yield while reducing direct exposure to asset price movements.
As sUSDu supply grows, the focus remains on maintaining transparent collateral backing and consistent strategy execution. Users can continue to verify reserves through Unitas proof of reserves dashboards.
Unitas x Solana Mobile Phase 2 went live in April.
Existing Unitas app users who registered through Seeker became eligible to claim 10,000 Units. This followed the initial Seeker launch, where users could access the Unitas app through the Solana dApp Store and receive a 20% Units boost for the first month.
This campaign supports the broader distribution of USDu and sUSDu on Solana. It also extends access to users who interact with DeFi through mobile-native interfaces.
Existing Unitas app users who registered via Seeker can now claim their 10,000 Units.
Details below.
April was a difficult month for DeFi risk management due to major incidents affecting Drift and rsETH.
Unitas had no exposure to Drift or rsETH. All collateral remained fully backed, all strategies remained operational and user funds were unaffected. The JLP delta-neutral strategy also remained operational throughout the period.
Users were able to verify USDu collateral in real time through Proof of Reserves dashboards by Accountable and Primus.
The $UP cross-chain setup also uses LayerZero V2 OFT with a multi-DVN verification configuration. Transfers across BSC, Ethereum and Solana use 4 DVNs, with LayerZero Labs and Canary required and 1 of Deutsche Telekom or Horizen Labs required as an additional verifier. Each transfer requires 3 independent verifications before execution.
The Unitas team is tightening risk controls and reducing exposure across external markets. DeFi risk is increasing as attacker tooling becomes more advanced, including AI analysis and automation. The team’s focus is to maintain conservative exposure management, continuous monitoring and verifiable collateral backing as the protocol grows.
Disclaimer: This article is provided for educational purposes only. Nothing in this article constitutes financial, legal or investment advice. All information reflects current protocol design and may change over time. Users should conduct their own research before interacting with any DeFi protocol.