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Solstice

Solstice

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Solstice is a Solana-native synthetic dollar protocol issuing USX (overcollateralized stablecoin) and eUSX (yield-bearing receipt), backed by delta-neutral strategies and tokenized treasuries.

StablecoinSolanaTVL: $209.2MLast updated: Oct 13, 2026
Risk Rating
BB
Safety Score
60

Risk Profile Overview

Overall Rating
(60/100)
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Score history

Re-checked monthly−1 since Aug 2026

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.

66
60
54
Aug 2026SepOct

The Problem

Institutional-grade delta-neutral yield strategies are typically gated by capital minimums and accreditation, and Solana lacks a major native synthetic dollar with on-chain proof-of-reserve.

The Solution

USX is a Solana-native overcollateralized synthetic dollar with permissionless retail access, real-time Chainlink Proof of Reserve, and yield-bearing eUSX exposure to a multi-strategy delta-neutral book.

Why it Matters

First major Solana-native synthetic dollar at scale (~$378M TVL, 12th-largest on Solana). RWA-diversified collateral, Squads multisig + 24h timelock upgrade authority, and a Halborn-audited program stack with on-chain PoR.

Protocol Metrics

TVL Trend
$209.25M

Related Research

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No related analysis articles found for Solstice.

Frequently asked questions about Solstice

What is Solstice?+

Solstice is a Stablecoin protocol operating on Solana. Solstice is a Solana-native synthetic dollar protocol issuing USX (overcollateralized stablecoin) and eUSX (yield-bearing receipt), backed by delta-neutral strategies and tokenized treasuries.

How does Solstice work?+

USX is a Solana-native overcollateralized synthetic dollar with permissionless retail access, real-time Chainlink Proof of Reserve, and yield-bearing eUSX exposure to a multi-strategy delta-neutral book.

Is Solstice safe?+

DeFi Sentinel rates Solstice BB with a safety score of 60/100, indicating elevated risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Solstice has 3 audits on record. DeFi Sentinel's analysis flagged 4 high, 2 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 Solstice?+

Solstice has a DeFi Sentinel safety score of 60/100 (rating BB), 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 Solstice support?+

Solstice is deployed on Solana.

Has Solstice been audited?+

Yes. Solstice has 3 audit reports on record from firms including Halborn, Halborn, Halborn. Audit reports and dates are linked under the Resources tab on this page.