Ask about SaturnKey Metrics
Fees (Annualized)-$26.4m
Fees 30d$10.85m
Ethereum$20.08m
Fees 7d$1.43m
Ethereum$4.05m
Fees 24h-$29,898
Ethereum$0
Cumulative Fees-$9.04m
Ethereum$27.43m
Revenue (Annualized)$2.95m
Revenue 30d$261,647
Ethereum$261,647
Revenue 7d$16,277
Ethereum$16,277
Revenue 24h$0
Ethereum$0
Cumulative Revenue$1.01m
Ethereum$1.01m
Total Raised$2.8m
Jan 15, 2026$800,000Round: Investors: YZi Labs, Sora Ventures
May 7, 2026$2mRound: SeedInvestors: The Spartan Group, Anchorage Digital, Susquehanna
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.
Category:Stablecoin Wrapper
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 APY28.41%
Competitors
Frequently Asked Questions
What is Saturn?
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.
What is Saturn's TVL?
Saturn currently has $183.02m in total value locked. TVL has increased 2.2% 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 $10.85m in fees. Of that, $261,647 was protocol revenue. Based on the trailing year, the annualized rate is -$26.4m in fees and $2.95m 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 $253.03m across 5 protocols, and Saturn accounts for 72.3% of that total. Other leading protocols include Circle, XGLD, and USX.Capital.
How many yield pools does Saturn have?
DefiLlama tracks 1 Saturn yield pool with an average APY of 28.4%.
