Key Metrics
Fees (Annualized)$2.05m
Fees 30d$9.91m
Ethereum$12.4m
Fees 7d$2.58m
Ethereum$2.83m
Fees 24h$638,228
Ethereum$638,228
Cumulative Fees$1.51m
Ethereum$40.47m
Revenue (Annualized)$3.36m
Revenue 30d$416,591
Ethereum$416,591
Revenue 7d$82,509
Ethereum$82,509
Revenue 24h$30,098
Ethereum$30,098
Cumulative Revenue$1.46m
Ethereum$1.46m
Total Raised
Jan 15, 2026$800,000Round: Investors: YZi Labs, Sora Ventures
May 7, 2026$2mRound: SeedInvestors: The Spartan Group, Anchorage Digital, Susquehanna
Aug 13, 2026Round: StrategicInvestors: Ondo Finance
Protocol Information
Saturn is a dual-token Bitcoin-backed credit protocol where USDat is a stablecoin backed by tokenized treasuries and sUSDat is a yield-bearing version backed by digital credit exposure.
Methodology
TVL: USDat backing (tokenized treasuries $M and USDC held by the USDat contract) plus the STRC digital-credit backing of sUSDat, priced via DefiLlama's tradfi STRC feed (NASDAQ: STRC).View code on GitHubFees: Fees include sUSDat deposit fees if any, asset yields from sUSDat price appreciation and 10% performance fee on the yield generated by sUSDatView code on GitHubRevenue: Saturn earns sUSDat deposit fees, and 10% performance fee on the yield generated by sUSDat.View code on GitHubYields
Pools Tracked1
Average Supply APY14.89%
Hacks
Date: May 7, 2024
Amount: $9,000
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: BNB
Language: Solidity
Target Type: Token
Competitors
Frequently Asked Questions
What is Saturn's TVL?
Saturn currently has $79.63m in total value locked. TVL has decreased 56.5% over the past 30 days.
What chains does Saturn operate on?
Saturn operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Saturn generated in fees and revenue?
Over the past 30 days, Saturn generated $9.91m in fees. Of that, $416,591 was protocol revenue. Based on the trailing year, the annualized rate is $2.05m in fees and $3.36m in revenue.
How does Saturn's TVL compare to similar protocols?
Among Stablecoin Wrapper protocols tracked by DefiLlama, Saturn ranks #1 by TVL. The category holds $154.98m across 5 protocols, and Saturn accounts for 51.4% of that total. Other leading protocols include USDCx, XGLD, USX.Capital, and Rotera.
How many yield pools does Saturn have?
DefiLlama tracks 1 Saturn yield pool with an average APY of 14.9%.
Has Saturn ever been exploited?
Saturn has 1 recorded security incident. The most recent incident occurred on May 7, 2024 and involved $9,000. It was classified as Oracle Manipulation.
