USP Yield Optimized Stablecoin · by Piku · stable
USP is Piku Finance's yield-optimized stablecoin that appreciates in value through a diversified backing strategy including FX arbitrage and DeFi protocols, rather than maintaining a fixed $1 peg.
Spiral Stake supplies USP as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more USP — looping in a single transaction to amplify the underlying FX Arbitrage + DeFi 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 USP yield is a strategy that loops USP on the Morpho lending protocol to multiply your exposure to its FX Arbitrage + DeFi yield. Spiral Stake executes the whole loop in a single transaction.
USP earns yield from FX Arbitrage + DeFi, issued by Piku. 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.