
mStable
PaidDecentralized CDPs
mStable provides a decentralized, non-custodial platform that enables swapping and earning yields on stablecoins.

Decentralized CDPs
mStable provides a decentralized, non-custodial platform that enables swapping and earning yields on stablecoins.
mStable creates meta-assets, tokens backed by a diversified portfolio of existing tokenized assets.
The system is decentralized and non-custodial, enabling users to swap stablecoins and earn yields while gaining exposure to a resilient peg framework.
It addresses three core challenges facing pegged-value crypto assets: limited yields, insufficient risk protection, and fragmentation across this asset class.
mStable operates on Polygon, Ethereum, Solana, BNB Chain, OP Mainnet, and Arbitrum to provide broad access.
The relaunched protocol bets on one product rather than a suite: mPT-sUSDe, stacking Pendle, Aave and Ethena yield into a single compounding token.
A deliberate decision to build one yield product rather than another stablecoin vault, and the risk-adjusted case behind that focus.
One more yield source alongside Ethena, Pendle and Aave. The holder keeps one token while the vault manages where the return comes from.

Build secure dApps, tokens, DeFi & DAOs with a team focused on mainnet-ready delivery.
Decentralized CDPs • Ethereum