Yield and Fees

Earn Smarter with Dual Yield Streams

Yield Generation

Real-World Yield with USDL

Earn up to 4% APR through USDL, a stablecoin backed 1:1 by U.S. dollar deposits and short-term U.S. Treasury bills. Issued by Paxos International and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), USDL distributes daily yield directly to holders.​

Onchain Lending Yield

Your deposits power Morpho markets, earning up to 2% APR from borrowers who collateralize with blue-chip assets like cbBTC and wstETH. Morpho's permissionless architecture allows for the creation of isolated markets, enhancing both flexibility and security.​

Boosted Incentives

Benefit from exclusive rewards, including up to 1% APR in MORPHO tokens, claimable weekly. Additionally, with the upcoming launch of Coinshift's governance token, SHIFT, scheduled for Q2 2025, 5% of the total SHIFT supply is allocated for an airdrop to csUSDL holders.

Set & Forget with Auto-Compounding

All your interest and rewards are automatically reinvested, ensuring your yield compounds daily without any manual intervention.​

Enhanced Liquidity

csUSDL is highly liquid—users can borrow up to 96.5% of their position and deploy across DeFi platforms to potentially boost returns even further.​

Vault Fee Structure

The csUSDL vault currently charges zero performance fees, making it completely free to use.

In the future, a small performance fee on borrower interest may be introduced, deducted from lender returns. Any changes will come with ample notice and a built-in time delay, giving users time to adjust.