Sperax
Algorithmic stablecoin protocol on Arbitrum with auto-yield stablecoin USDs.
- No KYC or registration
- Non-custodial — your keys, your crypto
- 1000+ supported exchange pairs
- Best available exchange rate
Sperax Price Chart
About Sperax
Sperax is a DeFi protocol on Arbitrum that created USDs, an auto-yield stablecoin that automatically earns yield for holders without any action required. Unlike regular stablecoins that sit idle, USDs continuously accrues yield from deployed underlying collateral, with yields distributed through rebasing or through the SPA token buyback mechanism. The protocol's collateral is deployed into whitelisted DeFi strategies (Curve, Convex, Aave) to generate organic yield. SPA is Sperax's governance and utility token that benefits from protocol revenue.
History
How to Swap SPA
Swapping Sperax (SPA) on SyntheticSwap requires no account or KYC. SPA is an Arbitrum-native or Arbitrum-bridged token, supported by MetaMask (Arbitrum One network), Trust Wallet, and Ledger Live. Select SPA in SyntheticSwap, choose your destination asset, enter a receiving wallet address, and confirm the live exchange rate. After sending SPA to the provided deposit address, your swap settles quickly and the destination asset is sent directly to your wallet.
How to Store SPA
Store SPA in any Arbitrum-compatible wallet such as MetaMask configured for Arbitrum One. SPA is an ERC-20 token on Arbitrum.
