Fire Strategy

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Live on Solana mainnet · Open beta

Solana has the best yield.
Now your stocks do too.

Fire tokens keep your S&P 500, Bitcoin or dollars and add a yield on top, built to follow the best route on Solana. One transaction in, one out, no lock-up.

Loading live rates.

frUSD

Your dollars, built to follow the best yield.

The top stablecoin yield on Solana keeps changing hands. frUSD is built to move your dollars to the best route, so you don't have to watch it. More routes are coming.

10%14%18%Best route 14.3%Hylo 12.5%Exponent 12.4%
Hylo Exponent The best of the two, day by day 12-month backtest, before fees and switching costs. Not a realized return.

See every dollar yield on Solana, ranked hourly

Security

Your funds stay yours. The program is on-chain. The venues are audited.

Fire Strategy routes dollars between a short list of Solana yield venues. It never holds your keys, and every piece it relies on can be checked.

Non-custodial

You sign every move

Deposits and withdrawals are single transactions signed from your wallet. Your frUSD stays in your wallet and redeems for its share of the backing at any time.

On-chain

One program on Solana mainnet

Every deposit and withdrawal goes through one program at one address. Its accounts and history are public on Solscan.

Program

Where the yield comes from

frUSD only routes into venues with published third-party security audits.

Audits reduce risk. They do not remove it. Read the risks

FIRE TOKEN ARCHITECTURE · frSPY & frBTC

Turn your Stocks and Bitcoin into yield-bearing assets.

frSPY and frBTC keep the S&P 500 or Bitcoin you deposit, borrow dollars against it and put them in frUSD. When the yield beats the borrow cost, it buys more of the same asset. You never take a loan yourself.

You keep all of your S&P 500 · the yield buys more of it, nothing is sold
  1. 1You hold the S&P 500.
  2. 2frSPY borrows dollars against it.
  3. 3The dollars become frUSD and earn yield.
  4. 4The yield buys more S&P 500: stock becomes yield-bearing.
S&P 500borrowedfrUSD+ yield+ S&P 500

Illustrative. frSPY and frBTC can trail their asset when borrowing costs more than frUSD earns.

The loan

The loan follows the price.

frSPY keeps what it owes at a set share of the S&P 500 it holds: the dotted line. When the price rises, it borrows more. When it falls, it repays.

  1. 1The loan is kept at a set share of the S&P 500.
  2. 2Price up: it borrows more, back up to the line.
  3. 3Price down: it repays, back down to the line.
S&P 500 priceS&P 500loantarget+ borrow− repay

Illustrative. The loan is rebalanced only when it drifts outside a narrow band around its target.

Fees

We earn when you earn.

Part of our performance fee funds a reserve. It can support the vault when returns fall.

  1. 1frUSD charges 15% of new profit above its high-water mark.
  2. 25% of profit funds the reserve; 10% funds team and marketing.
  3. 3The reserve can support the vault during low returns, while funds remain.
5%Reserve10%Team walletReserve support
5% reserve 10% team & marketing

Illustrative yield path, not a forecast.

The essentials

Easy in, easy out, and it runs without us.

Deposit and receive the token in a single signature.

Exits depend on on-chain liquidity. Network fees apply.

The program is upgradeable, and an admin key sets its configuration.

Deep tech research

The engine underneath.

Our own stack: Blockzilla, a Solana database built in-house, and an indexer that ranks the dollar yields we track every hour. The ranking is public on /yields.

Explore the research

Our own database

Blockzilla
Built for production

Engineering you can check.

Fixed identities

Every market, mint and oracle pinned in the program.

Redeems at backing

Tokens redeem for their share of the backing, not a quoted price.

Self-protecting

If a loan runs above its band, any wallet can trigger the repay.

No lock-up

No lock-up, no epochs, no withdrawal queue.

Live on mainnet

frUSD, frBTC and frSPY are live on Solana mainnet, in open beta.

Public ledger

Every transaction we have landed is on Solscan.

Same ticker. Bigger stack.

See it on your own numbers first: pick a token, set an amount, and read the shape of the return.

Run a simulation

Yield is variable and principal is not guaranteed. Read the risks