siUSD Max APY Yield Strategy

siUSD is infiniFi's yield-bearing stablecoin built on a fractional reserve model. Deposited stablecoins are deployed across lending markets (Aave, Fluid) and yield protocols (Pendle, Ethena). Depositors collectively govern the strategy allocation via on-chain governance.

How the strategy works

This is a max-APY yield loop: siUSD is supplied as collateral and msUSD is borrowed against it on Morpho, then recycled back into siUSD to multiply the underlying Lending & Basis yield. Because the two assets are price-correlated, the position targets amplified yield rather than directional price exposure.

Strategy details

Collateral asset

Staked infiniFi USD (siUSD)

Borrowed asset

msUSD

Issuer

infiniFi

Yield source

Lending & Basis

Underlying

USDC

Category

stable

Network

Ethereum

Protocol

Morpho

Live metrics

Collateral APY

5.95%

Net borrow APY

2.54%

Max leverage

11.4x

Default leverage

10.5x → 38.35% APY

Leverage ladder

1x 5.95% · 2x 9.36% · 3x 12.77% · 4x 16.18% · 5x 19.59% · 6x 23.00% · 7x 26.41% · 8x 29.82% · 9x 33.23% · 10x 36.64% · 11x 40.05% · 11.4x(max) 41.41%

Oracle type

nav

Exit slippage

$100k 0.00% · $500k 0.00% · $1M 0.00% · $5M 0.00% · $10M 0.00%

as-of 2026-08-14T07:18:50.132Z — live snapshot. Live data (source of truth): https://api.spiralstake.xyz/v1/strategies?chainId=1

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