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Tokenized USD yield, generated through transparent DeFi strategies and issued by AbraFi.
*Target range, variable and not guaranteed. Yields are illustrative and involve significant risk, including possible loss of principal.
Where the yield comes from — in four steps.
Deposit USD — no minimum to begin.
Your dollars become yield-bearing USDaf.
AbraFi allocates across transparent DeFi strategies — basis, liquidity provisioning, looping.
Returns accrue to your balance; withdraw on flexible terms.
| Seed Program | Mar 9, 2026 – Mar 8, 2027 |
| Seed Program Cap | $250M |
| Target Base Yield | 3–12% APY |
| Bonus Rewards** | 7% APY** |
| Structure | Managed Account |
| Investment Adviser | Abra Capital Management, LP (Abra) |
| Qualification | Accredited Investors or Institutional Investors |
| Investment Minimum | None |
| Management Fee | No Fee |
| Reporting | Daily |
| Liquidity | Daily |
| Subscriptions | USDC or USD |
Target USDaf yield vs. common places to hold cash.
| Where your dollars sit | Target yield |
|---|---|
| Bank savings (national average) | ~0.4% |
| High-yield savings | ~4.0% |
| Money market fund | ~4.5% |
| USDaf | 4–10%* |
Illustrative comparison. Benchmark rates are approximate and change over time. USDaf figures are target ranges, variable and not guaranteed.
Estimate how your balance could compound over time. Illustrative only — subject to variable rates and risk.
Illustrative comparison of two yield rates. Yield accrues and compounds annually. Yields are target ranges, variable, and not guaranteed; returns can fall as well as rise. Not investment advice.
| 30 Day | 90 Day | YTD | 365 Day | Since Inception |
|---|---|---|---|---|
| +4.97% | — | +7.84% | — | +7.84% |
Average APY. Reporting period: through June 2026. Last updated Jul 28, 2026, 7:13 PM UTC. Tracking since May 2026.
APYs shown are gross and exclude applicable advisory fees. The APY represents average annualized yields for the period indicated, are subject to change, are not guaranteed, and are not indicative of future results. See Important Performance Information for methodology and additional disclosures.
USDaf is not a bank deposit and is not insured by the FDIC, NCUA, or any other agency. Target yields are variable ranges shown for illustration and are not guaranteed. The underlying DeFi strategies involve significant risk — including smart-contract risk, counterparty risk, and market risk. Net returns depend on variable rates, collateral yield, swap costs, and safety buffers. Nothing here is an offer or investment advice.
USDaf yield comes from transparent DeFi strategies operated by AbraFi — including basis trades, providing liquidity to protocols, and looping. The mechanism is disclosed, not a black box.
No. USDaf is not a bank deposit and is not insured. Target yields are variable and not guaranteed, and the strategies involve significant risk, including possible loss of principal.
USDaf is designed for flexible liquidity. Specific terms and any applicable notice periods are provided in the product documentation before you commit funds.
USDaf is issued by AbraFi. Abra Capital Management, LP (ACM) is an SEC-registered investment adviser that provides access to AbraFi products.
USDaf can also be accessed as staked USDaf on Solana through the Stablecoin Seed Program, which seeks 3–12% APY in-kind via delta-neutral DeFi strategies — basis, staked SOL, and hedged liquidity provisioning — inside a separately managed account with daily liquidity and daily reporting.
During the Seed Program, participants may earn the equivalent of an additional ~7% APY in $AFI, the AbraFi protocol governance token (assuming a $300M fully diluted value; variable with market conditions). The program runs Mar 2026–Mar 2027 with a $250M funding cap, and is open to Accredited Investors or Qualified Persons.
No management fee, no performance fee, and no investment minimum. Assets are custodied in a Fireblocks MPC wallet with keys split across parties and backed up by a third-party administrator; you retain title. The strategy is issued by AbraFi Ltd.
USDaf is issued by AbraFi. Investments in digital assets involve a high degree of risk, including loss of principal. Registration as an investment adviser does not imply endorsement by the SEC.
