Hermetics cooperates with Velar to offer an annual return of 5% to traders on the Bitcoin-supported Stablecoin USDH via Velar’s Futures Exchange in piles.
Hermetica, the emittent of the Bitcoin-stunned Stablecoin USDH, works together with Velar to offer an annual return of 5% to traders using Velar’s Perpetual Futures Exchange on the Bitcoin Layer 2 network, Stacks (STX), which is shared with release.
With the new function, users can earn yields on USDH while trading Bitcoin (BTC) positions.
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Active collateral
This marks a shift in how traders can use their collateral. When traders deposit Stablecoins deposits on future platforms, the collateral is inactive.
Now users who act on Velar Percdex with USDH can earn a weekly yield that collateral, without using or locking up their money elsewhere.
Earn 5% USDH proceeds during action on @velarbtc’s perpdex!
This is unique in Defi, exchange bitcoin with leverage while you earn a passive yield. Now exclusively on the SBTC/USDH pair.
If you are not there yet, what are you waiting for? 👀 pic.twitter.com/ugm4ga7csl
– Hermetica (@Hermeticafi) 10 April 2025
Perpetual Futures are a kind of crypto derivative with which traders can speculate about the future price of Bitcoin without having the underlying asset. Traders can go long or short with the help of leverage, which means that both potential profits and losses are strengthened.
Velar Percdex brings this type of trade to the Bitcoin Defi -Ecosystem via the Stacks network, which adds smart contract functionality on top of Bitcoin.
USDH is a synthetic stablecoin linked to the US dollar and supported by Bitcoin. Unlike most stablecoins, which are supported by traditional Fiat reserves, USDH is supported by BTC and designed to achieve automatic yield. Hermetics says it is the first Stablecoin to offer proceeds in Bitcoin-Native Defi.
The new integration is designed to make capital use more efficient for traders. It offers a way to earn passive income from stable collateral and at the same time to trade BTC, so that more users may be drawn to the still rather rather Bitcoin -based Defi.
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