Introduction

Solidus is a synthetic dollar protocol on Solana, built to transform the future of stablecoins in DeFi. At its core, Solidus introduces $SUSD. It's a fully-backed, censorship-resistant stablecoin that uses Solana's powerful blockchain for unmatched scalability and efficiency.

Unlike typical stablecoins that rely on central banks or inefficient overcollateralization, $SUSD stays stable using a delta-neutral hedging strategy. It pairs crypto assets like SOL, BTC, and ETH with perpetual futures. This clever method guarantees a 1:1 backing, turning volatile assets into a dependable USD-pegged instrument while staying capital-efficient.

Solidus offers more than just stability; it empowers users with sustainable earnings. When you stake $SUSD to get $sSUSD, you access protocol-generated income. This includes funding rates from perpetual futures (historically 7-13% annually), rewards from holding liquid stablecoins, and SOL staking returns. This unique design makes $SUSD a crypto-native "Internet Dollar," combining practical use with profitability.

The $SOLID token supports this entire ecosystem. It's the governance and utility token that powers community votes, reduces fees, and incentivizes growth, connecting user interests with Solidus's long-term success.

Solidus is built on Solana's ultra-fast infrastructure, which handles over 65,000 transactions per second with almost no fees. This allows Solidus to tap into the $65 billion+ perpetual futures market, scaling $SUSD into a core asset for DeFi.

Our goal is to close the gap between unstable centralized stablecoins and inefficient decentralized ones. We deliver a stablecoin that is trustless, can be easily combined with other Solana ecosystem projects, and can extend to other blockchains via bridges like LayerZero and Wormhole. Solidus marks a significant step towards a decentralized financial future where money is not just stable, but actively creates value for everyone involved.