USDai Protocol Surpasses $20 Million in Yield with GPU-Backed Loans
- USD.AI has paid out over $20 million in cumulative yield to users.
- Staking USDai currently yields approximately 8% APY, projected to rise to 11% as GPU-backed loans increase.
- The protocol’s total supply of USDai is around $201.1 million, with 6.88 million staked into sUSDai.
- GPU loans constitute nearly half of all reserves, with eight loans valued at $370 million pending.
- Total liquidity for USDai pools is about $1.43 million, primarily on Arbitrum.
The growth of USDai’s yield is linked to its innovative model that utilizes GPU-backed loans, distinguishing it from traditional stablecoin offerings that rely on US Treasuries and money-market instruments.
With a staking yield significantly higher than many competitors, such as Sky Lending’s SUSDS at 3.60% APY, USDai’s approach highlights the potential of AI infrastructure financing in the stablecoin market.
