Figment, OpenTrade and Crypto.com have launched a new institutional-grade yield product that delivers stablecoin returns while neutralizing exposure to crypto price swings.
Figment — one of the largest staking infrastructure providers with $18 billion in staked assets — is partnering with OpenTrade and Crypto.com to offer the structure, which targets compliance-focused investors seeking predictable yield. The product has generated roughly 15% annual returns historically by staking Solana (SOL$126.08) and using perpetual futures to fully hedge out SOL’s price volatility.
Institutions deposit stablecoins and earn interest without taking directional risk on SOL. Crypto.com provides custody for the staked assets through legally segregated accounts, giving investors protections typically required by regulated entities.
Unlike conventional staking, which exposes participants to token price movements, this setup separates yield generation from market risk. An institution holding USDC can capture returns similar to SOL staking — generally 6.5% to 7.5% — while the futures hedge generates the additional performance.
The partners say the structure offers a more secure and transparent alternative to common DeFi lending products, which often involve unknown counterparties and limited legal clarity. The arrangement keeps assets off Crypto.com’s balance sheet and includes security-interest provisions aligned with institutional compliance frameworks.
The product is accessible via Figment’s platform and APIs, allowing stablecoin deposits and withdrawals at any time, with interest beginning to accrue immediately.
While retail users may find the structure less appealing than on-chain DeFi tools, the offering reflects a growing demand for controlled, risk-managed yield opportunities in the digital asset market.
