Superform’s $4.7 million UP token sale on Cookie.fun powers the mainnet launch of audited SuperVaults v2, bringing its onchain yield to 180,000 users.
Summary
- Superform closed an oversubscribed public UP token sale on Cookie.fun with $4.7 million in pledges, more than double its original goal.
- The launch of SuperVaults v2 on mainnet combines variable interest rates and Pendle positions into a fully on-chain, self-sustaining returns strategy, overseen by yAudit and Spearbit researchers.
- SuperVaults v2 is the first step in Superform’s Q1 2026 roadmap, which includes a redesigned mobile app, broader on-chain support, and expanded stablecoin yield products for its 180,000 active users.
Superform Labs announced Thursday that it has completed a public token sale that raised $4.7 million in commitments, more than double its original goal, according to a company statement.
Superform goes up on sale
The sale, conducted on the cookie.fun platform powered by Legion, coincided with the launch of SuperVaults v2, the company’s updated revenue-generating product for cryptocurrency users.
The token sale attracted commitments that exceeded target, driven by demand from Superform’s reported 180,000 active users, the company said. The sales structure prioritized verified contributors, giving existing users and community members early access.
“Our Cookie sale allowed us to prioritize the 180,000-strong community that uses Superform,” Vikram Arun, CEO and co-founder of Superform Labs, said in the statement. “Distribution is important, and Cookie’s model made it possible to organize a public sale that rewards real users, instead of speculators.”
According to the company, SuperVaults v2 launched on Mainnet on Thursday and pre-deposits have already been taken. The product works as a fully transparent, self-custodial platform where all transactions and performance updates are verifiable on blockchain, Superform said.
According to the company’s technical documentation, the vaults combine variable interest rates and fixed-term Pendle positions into one automated strategy. The system publishes all vault updates on blockchain and subjects them to verification by independent validators.
“After launching SuperVaults last year, we took feedback from our community and built a v2 that reflects an even easier way to earn onchain revenue without the operational overhead,” Blake Richardson, COO and co-founder of Superform, said in the statement.
According to the company, the launch of SuperVaults v2 is the first in a series of product releases planned for the first quarter of 2026. The roadmap includes a redesigned mobile interface, expanded blockchain network support and additional cryptocurrency management features.
Superform describes itself as a user-owned stablecoin neobank that provides access to return-generating opportunities across multiple decentralized financial protocols. The SuperVaults product enables single-transaction deposits into multi-protocol vaults designed to generate stablecoin yields.
SuperVaults has undergone audits by yAudit and security researchers from Spearbit, according to the company.
