Earn 15% APY
on Stablecoins

Earn 15% APY
on Stablecoins
Earn 15% Fixed APY on Stablecoins

SHRED is a high-yield savings protocol on Hyperliquid.
Deposit USDT or USDC and start earning instantly.

SHRED is a high-yield savings protocol on Hyperliquid.
Deposit USDT or USDC and start earning instantly.

SHRED is a high-yield savings protocol on Hyperliquid. Deposit USDT or USDC and start earning instantly.

Built by the team from:
Built by the team from:
Mars Protocol Logo
Mars Protocol Logo
Mars Protocol Logo
Bridgewater associates logo
Bridgewater associates logo
Bridgewater associates logo
Delphi Labs logo
Delphi Labs logo
Delphi Labs logo
Bank of America Merrill Lynch logo
Bank of America Merrill Lynch logo
Bank of America Merrill Lynch logo
Lending Club logo
Lending Club logo
Lending Club logo

About Us

About Us

Learn a bit more about who we are and what we do.

Learn a bit more about who we are and what we do.

Learn a bit more about who we are
and what we do

15% Target APY

15% Target APY

15% Target APY

Earn high, sustainable yield backed by real revenue. No trading or active management required.

Cross-Chain Advantage

Cross-Chain Advantage

Cross-Chain Advantage

Behind the scenes, our strategies take advantage of the best rates and liquidity across multiple chains.

Simple UX

Simple UX

Simple UX

One-click deposits, live yield tracking and instant transparency.

Proof of Reserves

Proof of Reserves

Proof of Reserves

Volatility smoothed by a dedicated buffer fund, actively monitored and rebalanced.

Real Stablecoins, Not Synthetic

Real Stablecoins, Not Synthetic

Real Stablecoins, Not Synthetic

Deposits in USDT & USDC only. Fully backed and overcollateralized.

Battle-Tested Team

Built by the team from Mars Protocol. No hacks, 0 bad debt, years of DeFi expertise

Battle-Tested Team

Built by the team from Mars Protocol. 0 hacks, 0 bad debt, years DeFi expertise

Battle-Tested Team

Built by the team from Mars Protocol. No hacks, 0 bad debt, years of DeFi expertise

Desktop mockup of SHRED dashboard
Desktop mockup of SHRED dashboard
  • Savings With an Edge

    Savings With an Edge

    Savings With an Edge

    Savings With an Edge

How it Works

How it Works

From start to finish, it’s this simple.

From start to finish, it’s this simple.

From start to finish, it’s this simple.

01

Connect Your Wallet

Support for any major wallet on Hyperliquid. More chains coming soon.

01

Connect Your Wallet

Support for any major wallet on Hyperliquid. More chains coming soon.

01

Connect Your Wallet

Support for any major wallet on Hyperliquid. More chains coming soon.

01

Connect Your Wallet

Support for any major wallet on Hyperliquid. More chains coming soon.

01

Connect Your Wallet

Support for any major wallet on Hyperliquid. More chains coming soon.

02

Deposit USDT or USDC

Your stablecoins are automatically routed to our smart vault strategy.

02

Deposit USDT or USDC

Your stablecoins are automatically routed to our smart vault strategy.

02

Deposit USDT or USDC

Your stablecoins are automatically routed to our smart vault strategy.

02

Deposit USDT or USDC

Your stablecoins are automatically routed to our smart vault strategy.

02

Deposit USDT or USDC

Your stablecoins are automatically routed to our smart vault strategy.

03

Start Earning Instantly

Watch your balance start to grow. Withdraw anytime. No lock ups.

03

Start Earning Instantly

Watch your balance start to grow. Withdraw anytime. No lock ups.

03

Start Earning Instantly

Watch your balance start to grow.
Withdraw anytime. No lock ups.

03

Start Earning Instantly

Watch your balance start to grow. Withdraw anytime. No lock ups.

03

Start Earning Instantly

Watch your balance start to grow.
Withdraw anytime. No lock ups.

Testimonials

Testimonials

What our community says about us.

What our community says about us.

What our community says about us.

FAQ

FAQ

Any questions? We’ve got answers.

Any questions? We’ve got answers.

Any questions? We’ve got answers.

What is SHRED?

We are a high yield savings protocol built on Hyperliquid. Users can earn sustainable, real yield on stablecoins through delta-neutral strategies.

Where does the yield come from?

The yield comes from arbitraging the rate difference between the cost to go long on spot (e.g. lending protocols) and how much you are paid to go short on derivatives (e.g. perpetuals protocols). We seek out the best funding rates cross-chain to maximize yield and minimize risk. Yields are always sustainable and backed by real revenues, not token emissions.

Is the yield fixed or variable?

We target a 15% APY, but actual returns depend on market conditions. Our buffer fund absorbs short-term dips to keep yield stable, but prolonged negative markets may lower rates.

Is SHRED safe?

SHRED is overcollateralized, monitored 24/7 by automated bots, and built by the team behind Mars Protocol on Cosmos with zero hacks or bad debt. We maintain a buffer fund to smooth yield volatility.

What assets can I deposit?

You can deposit USDT or USDC. Only real, fully backed stablecoins. No synthetics or algorithmic assets.

Can I withdraw anytime?

Yes. A significant portion of funds are kept liquid for instant withdrawals. Larger redemptions may be queued for up to 24-48 hours.

What are the fees?

We have plans to charge a 10% performance fee on any yield earned above the 15% target that we promise users - never your principal. We will only make money after our users do.

Has the project been audited?

Yes. Our smart contracts will undergo a full audit prior to launch. Audit partners and reports will be publicly available before mainnet.

What is SHRED?

We are a high yield savings protocol built on Hyperliquid. Users can earn sustainable, real yield on stablecoins through delta-neutral strategies.

Where does the yield come from?

The yield comes from arbitraging the rate difference between the cost to go long on spot (e.g. lending protocols) and how much you are paid to go short on derivatives (e.g. perpetuals protocols). We seek out the best funding rates cross-chain to maximize yield and minimize risk. Yields are always sustainable and backed by real revenues, not token emissions.

Is the yield fixed or variable?

We target a 15% APY, but actual returns depend on market conditions. Our buffer fund absorbs short-term dips to keep yield stable, but prolonged negative markets may lower rates.

Is SHRED safe?

SHRED is overcollateralized, monitored 24/7 by automated bots, and built by the team behind Mars Protocol on Cosmos with zero hacks or bad debt. We maintain a buffer fund to smooth yield volatility.

What assets can I deposit?

You can deposit USDT or USDC. Only real, fully backed stablecoins. No synthetics or algorithmic assets.

Can I withdraw anytime?

Yes. A significant portion of funds are kept liquid for instant withdrawals. Larger redemptions may be queued for up to 24-48 hours.

What are the fees?

We have plans to charge a 10% performance fee on any yield earned above the 15% target that we promise users - never your principal. We will only make money after our users do.

Has the project been audited?

Yes. Our smart contracts will undergo a full audit prior to launch. Audit partners and reports will be publicly available before mainnet.

What is SHRED?

We are a high yield savings protocol built on Hyperliquid. Users can earn sustainable, real yield on stablecoins through delta-neutral strategies.

Where does the yield come from?

The yield comes from arbitraging the rate difference between the cost to go long on spot (e.g. lending protocols) and how much you are paid to go short on derivatives (e.g. perpetuals protocols). We seek out the best funding rates cross-chain to maximize yield and minimize risk. Yields are always sustainable and backed by real revenues, not token emissions.

Is the yield fixed or variable?

We target a 15% APY, but actual returns depend on market conditions. Our buffer fund absorbs short-term dips to keep yield stable, but prolonged negative markets may lower rates.

Is SHRED safe?

SHRED is overcollateralized, monitored 24/7 by automated bots, and built by the team behind Mars Protocol on Cosmos with zero hacks or bad debt. We maintain a buffer fund to smooth yield volatility.

What assets can I deposit?

You can deposit USDT or USDC. Only real, fully backed stablecoins. No synthetics or algorithmic assets.

Can I withdraw anytime?

Yes. A significant portion of funds are kept liquid for instant withdrawals. Larger redemptions may be queued for up to 24-48 hours.

What are the fees?

We have plans to charge a 10% performance fee on any yield earned above the 15% target that we promise users - never your principal. We will only make money after our users do.

Has the project been audited?

Yes. Our smart contracts will undergo a full audit prior to launch. Audit partners and reports will be publicly available before mainnet.

What is SHRED?

Where does the yield come from?

Is the yield fixed or variable?

Is SHRED safe?

What assets can I deposit?

Can I withdraw anytime?

What are the fees?

Has the project been audited?

What is SHRED?

Where does the yield come from?

Is the yield fixed or variable?

Is SHRED safe?

What assets can I deposit?

Can I withdraw anytime?

What are the fees?

Has the project been audited?

What is SHRED?

Where does the yield come from?

Is the yield fixed or variable?

Is SHRED safe?

What assets can I deposit?

Can I withdraw anytime?

What are the fees?

Has the project been audited?

Grow Your Savings Today

Deposit USDT or USDC and start earning instantly.

Grow Your Savings Today

Deposit USDT or USDC and start earning instantly.

Grow Your Savings Today

Deposit USDT or USDC and start earning instantly.

Grow Your Savings Today

Deposit USDT or USDC and start earning instantly.

Grow Your Savings Today

Deposit USDT or USDC and start earning instantly.