Solana’s Solstice Launches USX Synthetic Stablecoin and YieldVault, Tops $200M TVL

Solstice, a synthetic stablecoin protocol on Solana, launched on October 12 and reached a total value locked (TVL) exceeding $200 million, according to COINOTAG reporting. The on-chain deployment highlights rapid user adoption and liquidity aggregation in the Solana ecosystem without making forward-looking claims.

Earlier this month the protocol introduced an interest-bearing synthetic token, USX, alongside a native staking mechanism. Solstice structures its returns to be delta-neutral, combining arbitrage operations with staking revenue, and maintains collateralization using USDT and USDC to preserve the peg.

Token holders can interact with the protocol’s YieldVault to access yield strategies and liquidity services. Market participants are advised to apply standard risk management and due diligence when evaluating protocol exposure and smart‑contract counterparty risk.