Multipli
AuditedNewMultipli is a multi-chain yield protocol issuing xTokens (yield-bearing wrappers over USDC/USDT/WBTC) backed by off-chain delta-neutral basis trading executed via regulated custodians, plus rwaUSD, an RWA-aggregator stablecoin.
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Score history
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The Problem
Most cryptocurrencies (BTC, ETH, stables on non-yield chains) sit idle and earn no native yield; on-chain yields in DeFi are volatile and often subsidized, while institutional fixed-income returns sit behind walled-garden custody and KYC barriers.
The Solution
Multipli wraps blue-chip crypto and stablecoins as ERC-4626 xTokens whose underlying capital is deployed by professional fund managers into off-chain delta-neutral strategies (contango + funding-rate) executed via regulated custodians, returning yield to on-chain holders.
Why it Matters
Combines institutional-grade custody (BitGo, Fireblocks, Anchorage, Copper, Ceffu, HexTrust, Ledger) with on-chain ERC-4626 share accounting, asynchronous 4–10 day redemption, and a separate rwaUSD collateral aggregator. Multi-chain deployment across Ethereum, Base, Arbitrum, BSC, Avalanche, Monad.
Protocol Metrics
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View allFrequently asked questions about Multipli
What is Multipli?+
Multipli is a Yield protocol operating on Ethereum, Base, Monad, Arbitrum, BSC, Avalanche. Multipli is a multi-chain yield protocol issuing xTokens (yield-bearing wrappers over USDC/USDT/WBTC) backed by off-chain delta-neutral basis trading executed via regulated custodians, plus rwaUSD, an RWA-aggregator stablecoin.
How does Multipli work?+
Multipli wraps blue-chip crypto and stablecoins as ERC-4626 xTokens whose underlying capital is deployed by professional fund managers into off-chain delta-neutral strategies (contango + funding-rate) executed via regulated custodians, returning yield to on-chain holders.
Is Multipli safe?+
DeFi Sentinel rates Multipli C with a safety score of 46/100, indicating rated risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Multipli has 3 audits on record. DeFi Sentinel's analysis flagged 5 high, 6 medium, 2 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization, Sustainability & Competitive Position and Reputation & Social Trust. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
What is the safety score of Multipli?+
Multipli has a DeFi Sentinel safety score of 46/100 (rating C), last updated September 16, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
Which chains does Multipli support?+
Multipli is deployed on Ethereum, Base, Monad, Arbitrum, BSC, Avalanche.
Has Multipli been audited?+
Yes. Multipli has 3 audit reports on record from firms including Shieldify Security (Bridger), Shieldify Security (Vault), Chainrisk (Solvency Attestation). Audit reports and dates are linked under the Resources tab on this page.
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