Strata is a next-generation on-chain structured yield protocol built for risk-optimized DeFi returns.
It offers structured yield products on USDe, Ethena’s synthetic dollar backed by delta-neutral strategies on top crypto assets. With perpetual risk tranching, users can choose their risk and return using two options:
Senior tranche for lower risk, stable yield
Junior tranche for higher risk, higher upside
Strata introduces two liquid, composable tokens built on sUSDe:
srUSDe (Strata Senior USDe)
jrUSDe (Strata Junior USDe)
Yields come from crypto-native carry and basis trades.
Unlike one-size-fits-all DeFi yield products, Strata lets investors pick their risk level, enabling better pricing of risk and attracting both conservative and aggressive capital.