Noon Capital
AuditedVerifiedNoon Capital is a yield-bearing stablecoin protocol on Ethereum that issues USN (1:1 USDC/USDT-backed stablecoin) and sUSN (staked, yield-bearing) by rotating collateral across delta-neutral basis trades, tokenised T-bills, CLO ETFs, private credit, and on-chain lending.
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Score history
This rating is re-checked every month. A point is recorded for every check, so a flat line means we looked and nothing moved. Hover anywhere on the chart to see what moved that month, and by how much.
The Problem
Existing yield-bearing stablecoins concentrate on a single strategy (e.g. pure CEX basis trading) and concentrate token ownership with VC investors that exit into emissions. Both create fragility for retail holders.
The Solution
Noon issues USN/sUSN backed by a multi-strategy book (basis trades + RWA + private credit + DeFi lending) with live Proof-of-Solvency and a community-first tokenomic (no VC pre-allocations; 65–80% of NOON to community over 5+ years).
Why it Matters
Strategy diversification across CeFi + TradFi (CLO ETF, private credit) + DeFi; live independent reserve attestation via Accountable; no VC pre-allocations; 7-year team vest.
Protocol Metrics
Related Research
View allFrequently asked questions about Noon Capital
What is Noon Capital?+
Noon Capital is a Stablecoin protocol operating on Ethereum, TAC, zkSync Era, Sophon, Starknet, HyperEVM. Noon Capital is a yield-bearing stablecoin protocol on Ethereum that issues USN (1:1 USDC/USDT-backed stablecoin) and sUSN (staked, yield-bearing) by rotating collateral across delta-neutral basis trades, tokenised T-bills, CLO ETFs, private credit, and on-chain lending.
How does Noon Capital work?+
Noon issues USN/sUSN backed by a multi-strategy book (basis trades + RWA + private credit + DeFi lending) with live Proof-of-Solvency and a community-first tokenomic (no VC pre-allocations; 65–80% of NOON to community over 5+ years).
Is Noon Capital safe?+
DeFi Sentinel rates Noon Capital A with a safety score of 72/100, indicating low-to-moderate risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Noon Capital has 6 audits on record. DeFi Sentinel's analysis flagged 3 high, 3 medium, 5 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization and Sustainability & Competitive Position. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
What is the safety score of Noon Capital?+
Noon Capital has a DeFi Sentinel safety score of 72/100 (rating A), last updated October 13, 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 Noon Capital support?+
Noon Capital is deployed on Ethereum, TAC, zkSync Era, Sophon, Starknet, HyperEVM.
Has Noon Capital been audited?+
Yes. Noon Capital has 6 audit reports on record from firms including Quantstamp, Halborn, Halborn. Audit reports and dates are linked under the Resources tab on this page.