How Upshift Turns AUSD Into Productive DeFi Capital on
@monad
Through
@upshift_fi, AUSD is automatically allocated across DeFi opportunities on Monad and wrapped into earnAUSD a liquid yield token that remains usable across the ecosystem
earnAUSD currently has around $20.51M in TVL, a 1.0263 share price, and roughly 8.00% 7-day APY
What matters is that earnAUSD does not stop at being a yield vault
•
@pendle_fi turns its yield into fixed-rate and yield-trading markets
•
@Uniswap /
@PancakeSwap provide spot swap liquidity
•
@Morpho /
@eulerfinance unlock lending and collateral utility
•
@Curvance /
@TownSquarexyz add a leverage layer
•
@merkl_xyz bootstraps liquidity through incentives
Pendle already shows that this market is beginning to develop real rate discovery:
• PT-AUSD fixed APY ~ 6.84%
• PT-earnAUSD fixed APY ~ 11.21%
• AUSD liquidity ~ $30.13M
• earnAUSD liquidity ! $4.05M
$AUSD already has meaningful supply on Monad, creating the liquidity base needed for earnAUSD to scale
➥ Upshift turns AUSD into capital that can be deployed across Monad for yield, liquidity, collateral, and leverage.