Staked cap USD · by Cap · stable
stcUSD is the yield-bearing version of Cap's cUSD stablecoin, earned by staking cUSD. An autonomous network of operators generates yield above the protocol's hurdle rate, with full downside protection verifiable by code.
Spiral Stake supplies stcUSD as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more stcUSD — looping in a single transaction to amplify the underlying Operator Yield 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 stcUSD yield is a strategy that loops stcUSD on the Morpho lending protocol to multiply your exposure to its Operator Yield yield. Spiral Stake executes the whole loop in a single transaction.
stcUSD earns yield from Operator Yield, issued by Cap. 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.