Earn 5% Yield with USDh on Velar’s Bitcoin PerpDEX

For the first time ever, you can earn yield while trading Bitcoin futures directly on Bitcoin DeFi. USDh now powers the sBTC/USDh pair on Velar’s PerpDEX, offering traders up to 5% yield on collateral while engaging in leveraged Bitcoin trading.

Trading is already live, and the first-of-its-kind opportunity to trade and earn with Bitcoin DeFi is now available. Weekly payouts will begin on Wednesday, April 16th, allowing traders to earn passive income each week.

Why it Matters

This integration of USDh into Velar’s PerpDEX marks the first time Bitcoin traders can earn yield while using their collateral for leveraged positions.

With a 5% yield on USDh collateral, Hermetica offers traders a stable asset that works seamlessly with Bitcoin-native DeFi, without relying on external systems. More importantly, this combination of yield-bearing collateral and Bitcoin futures trading helps DeFi become more liquid, scalable, and efficient, all within the Bitcoin ecosystem.

Get ready for new opportunities to generate returns without leaving the Bitcoin ecosystem, helping drive sustainable growth in Stacks DeFi and bringing CeFi liquidity into the space.

How to Get Started

It’s just like regular futures trading, but now you’re earning passive yield on your USDh collateral.

1. Buy USDh

2. Visit the Velar PerpDEX

3. Connect your Stacks wallet using the button in the top-right corner

4. Make sure you’re on the sBTC/USDh trading pair

5. Click “Long” using the selector at the top of the trade menu

6. Choose your position size and leverage according to your personal risk level

7. Click “Long” to confirm your trade

8. Enjoy earning 5% USDh APY while trading with leverage

About Hermetica

Hermetica is the creator of USDh, the first Bitcoin-backed, yield-bearing synthetic dollar designed for Bitcoin-native DeFi. With USDh, you can earn up to 25% APY on your dollars, all within the Bitcoin ecosystem. Our team brings decades of experience from leading crypto companies, including Kraken, to help build the future of Bitcoin finance.