Upshift
@upshift_fi
Turn digital assets into onchain financial products
Institutional vaults for Earn, RWAs, PayFi & more. Non-custodial.
Backers @dragonfly_xyz @6thManVentures
7 Following 14.4K Followers
Core USDC Vault Update:
The Core USDC vault holds a position in the Upshift Gamma USDC vault that has exposure to apxUSD. The synthetic dollar issued by Apyx Finance is backed primarily by dividend-bearing preferred shares and most notably Strategy's STRC. In recent weeks, STRC has traded well below its $100 par value and thus apyUSD has depegged below its intended value.
As a result, the position has been marked down and the vault has realized a drawdown of 8%, reflected in the vault share price. Upshift Gamma USDC realized a drawdown of 12.8%. All other positions in the vaults are unaffected and performing as expected.
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Earn across @solana RWAs, powered by Upshift.
The SharpByte RWA Ecosystem vault allocates across RWAs like @onrefinance's ONyc, a yield-bearing dollar backed by reinsurance premiums.
Tokenized assets have grown 2000x since 2020 - Upshift vaults make their cash flows accessible.
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Upshift is launching vault infrastructure on @StellarOrg.
We're integrating with Stellar to grow DeFi TVL across the network, with a vault roadmap that spans RWAs, DeFi, and asset management infrastructure for Stellar ecosystem apps.
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Excited to announce @Morpho as a launch partner for Upshift Clear, alongside @SuperstateInc.
Upshift Clear is an instant redemption facility for RWAs, starting with USCC.
Idle USDC in Clear vaults is routed into Morpho markets between redemption events. Clear LPs earn two yield sources: redemption fees from instant RWA exits, plus onchain lending yield from Morpho.
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