mu Bond · by Mu Digital · bond
muBOND is Mu Digital's junior credit tranche on Asia-focused bonds and private credit. It absorbs first-loss risk for senior holders (AZND) in exchange for higher potential yields from Asian government and corporate bonds.
Spiral Stake supplies muBOND as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more muBOND — looping in a single transaction to amplify the underlying Asian Credit yield. Because the assets are price-correlated, the position targets a higher APY rather than a directional bet, with every cost and liquidation threshold shown upfront.
Leveraged muBOND yield is a strategy that loops muBOND on the Morpho lending protocol to multiply your exposure to its Asian Credit yield. Spiral Stake executes the whole loop in a single transaction.
muBOND earns yield from Asian Credit, issued by Mu Digital. Looping amplifies that base yield.
Leveraged positions carry liquidation risk if collateral value falls relative to the borrowed asset, plus smart-contract and market risk. Every cost and liquidation threshold is shown before you confirm.
Live APY, leverage multiplier and available liquidity are shown in the app.