
Sperax
Sperax is a yield-bearing stablecoin protocol on Arbitrum and BNB Chain whose USDs token compounds yield directly in users' wallets.

What is Sperax?
Sperax is the team behind USDs, a stablecoin that earns yield natively without staking. USDs is fully collateralized by whitelisted stablecoins; collateral is deployed across audited DeFi strategies on Arbitrum and BNB Chain, and 70% of the resulting yield streams back to USDs holders through a rebasing mechanism, with the remainder funding SPA buyback and burn.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

