TVL
Net APY
Total deployed
NetworkArbitrum
System overview

Protocol

Eagle USD separates the liquid synthetic dollar from the yield-bearing credit position. EUSD is designed for stable value transfer; sEUSD represents participation in the vault.

Mint

USDG enters

A user deposits USDG on Arbitrum and receives EUSD at the protocol conversion rate.

Stake

EUSD becomes sEUSD

Staking exchanges EUSD for shares in the yield-bearing Eagle USD vault.

Deploy

Capital funds credit

Vault capital is designed for senior-secured lending under defined credit and reporting controls.

Base layer

USDG on Arbitrum

The first deployment uses Global Dollar as the deposit token. The live USDG address is already fixed in the application configuration.

Redemptions

Designed for explicit settlement

The interface will distinguish instant token conversions from any asynchronous vault-redemption process.

Administration

No keys in the frontend

Users sign locally in their wallets. Administrative protocol operations remain outside this public application.

Pre-launch notice

Contract mechanics, redemption timing, fees, disclosures, and final risk terms will be updated from the deployed and reviewed Eagle USD contracts before transactions are enabled.