Circle USYC
circle.com/usycUSYC is a tokenized money market fund from Circle, with 24-hour access and near-instant redemptions into U.S. dollars described on its page.
Looking for something like Lorenzo sUSD1+? Here are 24 alternatives, ranked by how closely they match it on purpose, features and platforms.
Lorenzo offers tokenized funds that provide stablecoin yield on USD1, USDT, and USDC.
| # | Alternative | Pricing | Open source | Platforms |
|---|---|---|---|---|
| 1 | Circle USYC | — | Not stated | Web |
| 2 | Apostro | — | Not stated | Web |
| 3 | Ember Protocol | — | Not stated | Web |
| 4 | Paimon | — | Not stated | Web |
| 5 | Injective Bridge | — | Not stated | Web |
| 6 | Piku Finance | — | Not stated | Web |
| 7 | Royco V2 | — | Not stated | Web |
| 8 | Morpho Blue | — | Not stated | Web |
| 9 | Compound V3 | — | Not stated | Web |
| 10 | Maple | — | Not stated | Web |
USYC is a tokenized money market fund from Circle, with 24-hour access and near-instant redemptions into U.S. dollars described on its page.
Apostro curates on-chain money markets where users can lend and borrow USDC, USR, RLP, LBTC, EBTC, and other tokens.
Ember Protocol provides infrastructure for placing funds, vaults, strategies, and assets on-chain.
Paimon offers tokenized private credit and private-company equity, with product terms and risk disclosures available on its site.
Injective provides Layer 1 blockchain infrastructure for tokenization, perpetuals, stablecoins, and institutional on-chain markets.
Piku brings foreign-exchange, arbitrage, and carry strategies on-chain, with emerging-market yield products listed as coming soon.
Royco V2 splits yield sources into senior, junior, and senior LP tranches so users can compare rates, capacity, and protection.
Morpho Vaults allocate deposits across lending markets, offering curated on-chain yield strategies.
Compound connects suppliers and borrowers through lending markets for providing and borrowing capital.
Maple provides on-chain asset management and credit products, with syrupUSDG live on Ethereum and Robinhood Chain.
Spark allocates institutional capital across savings, lending, and credit products through SparkLend and its liquidity layer.
Project 0 supports lending and borrowing across its markets, with live rates and liquidity information.
Decibel provides on-chain trading with order books, balances, collateral, open positions, and order history.
Markets.xyz offers on-chain perpetual futures for stocks, indices, commodities, and crypto, powered by Hyperliquid.
Symbiotic provides collateral markets and infrastructure for capital to back obligations and support on-chain applications.
Asseto provides infrastructure and services for tokenizing traditional financial assets for onchain capital markets.
Trade markets such as BTC-USD through BULK, a decentralized exchange network that uses its BULKBFT consensus.
Cassa describes on-chain risk markets for vaults, real-world assets, and structured products.
Kamino is an open-source Solana credit and liquidity protocol for earning returns and borrowing against crypto collateral.
Aave Horizon provides non-custodial liquidity markets where users can supply assets and earn interest.
Kamino is an open-source credit and liquidity protocol on Solana for lending, borrowing, and liquidity services.
Lulo aggregates stablecoin yield options across venues, with allocations for USDG, USDC, USDS, USDT, and other assets.
StableHodl provides DeFi strategies for USDT, USDC, and HLUSD deposits without lock-in periods.
infiniFi offers an on-chain stablecoin deposit product designed to provide access to DeFi yield strategies.
Alternatives are suggested from the purpose and features described in our listings. Different pages for the same product appear once. Read each description to check whether it fits your task. How we choose alternatives · Suggest an alternative