The stablecoin marketson Somnia settle in.
USDso is issued and operated by Frax on frxUSD infrastructure. It is the quote and settlement asset for markets on Somnia, from spot pairs to event contracts and Somnia Lend.
- Issuer
- Frax, on frxUSD infrastructure
- Minting
- 1:1 against approved stablecoins
- Network
- Somnia mainnet · 5031
- Decimals
- 18
- Standard
- ERC-20
USDso holders are not entitled to reserve yield.
One dollar asset for quoting,settling and moving balances.
Spot pairs quote in USDso and event contracts settle in it, so balances can move between Somnia markets without converting out of the settlement asset.
- Spot pairs
- Quote in USDso
- Event contracts
- Redeem at 1 USDso
- Perpetuals
- Cross-margin collateral
Quote, settle, move
Balances can move between Somnia markets without converting out of the settlement asset.
- Issuer
- Frax
- Infrastructure
- frxUSD
- Venues integrate
- Standard ERC-20
Reserves managed by the issuer
Frax issues and operates USDso and holds and manages the reserves. Venues do not run issuance themselves.
- Approved protocols
- Share by holdings
- Somnia Foundation
- Remainder
- Wallet holders
- Not entitled
Reserve yield follows holdings
Approved protocols can receive a share of reserve yield based on the USDso their contracts hold over time. Holding USDso in a wallet does not earn that yield.
How reserve yieldis shared.
Frax’s reserves earn yield. Each day Frax mints that yield as USDso into a public split contract. Shares are set from onchain holdings, not a fixed percentage split.
Measured hourly
USDso held by each registered protocol’s counted contracts is read every hour, with total supply.
Shared by holdings
A protocol’s share of a day’s yield is its average USDso held over the day, as a fraction of average total supply.
Foundation remainder
Yield on USDso held outside registered protocols goes to the Somnia Foundation.
Paid daily
Shares are set on the split the following day (UTC), then the day’s minted yield is paid.
USDso holders are not entitled to reserve yield. Allocations under the Yield Allocation Framework are discretionary and may change.
Registered recipients such as dreamDEX, Somnia Lend and Prophecy are shown with every payment on Somnia Explorer. Shares change daily; no single day is a fixed split.
Integrate a standard ERC-20.Trade, lend and settle with it.
Use the published mainnet address like any ERC-20 with viem or ethers. Minting is one-to-one against approved stablecoins through Frax.
Trade, lend, settle
Use USDso as quote and collateral on Somnia Markets, supply it on Somnia Lend, and redeem winning event contracts for 1 USDso.
Read and transfer with standard tooling
Read balances and transfer with standard tooling. Venues do not run issuance themselves.
Protocol holdings can earn a share
Registered protocols such as dreamDEX and Somnia Lend can receive yield in proportion to counted contract holdings. Adding a protocol needs Somnia approval; no public application process is published yet.
Published mainnet address · works with viem or ethers
Addresses anddurable facts.
Addresses, decimals and issuer details stay fixed. For supply, holders and yield paid, prefer Somnia Explorer.
USDso on Explorer- Symbol
- USDso
- Decimals
- 18
- Somnia mainnet
- Chain ID 5031
- Tokyo mainnet
- Chain ID 50321 · bridged synthetic via Hyperlane warp route
- Issuer
- Frax, on frxUSD infrastructure
- Minting
- One-to-one against approved stablecoins through Frax
- Split contract
- 0x44D650A2cE847098c26e6E874A308F280817D4ac
Totals read from Somnia Explorer, not an APY. Live figures change; check Explorer.
Read the docs.Verify on Explorer.
The USDso docs cover issuance, the Yield Allocation Framework and the mainnet address. Every payment from the split contract is public on Somnia Explorer.
USDso is issued and operated by Frax. USDso holders are not entitled to reserve yield. Allocations under the Yield Allocation Framework are discretionary and may change. Use of USDso is governed by the USDso Terms of Service.