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.
Active Risk Alerts
Live signals detected by Sentinel monitors across all five risk classes.
Unlock alert details with Pro
See each alert's affected component, root-cause analysis, and recommended action. Pro members get the full risk breakdown for every protocol.
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 BBB with a safety score of 68/100, indicating 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 2 high, 5 medium, 6 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 Noon Capital?+
Noon Capital has a DeFi Sentinel safety score of 68/100 (rating BBB), last updated May 22, 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.