Unity Stablecoin by XSY. fi Debuts on Avalanche, Backed by $5M Raise
By: cryptofrontnews|2025/05/16 08:15:04
0
Share
XSY.fi introduced Unity, a synthetic dollar stablecoin, enabling yield generation without liquidating AVAX holdings.The platform raised $5 million in pre-seed capital led by Protagonist and Borderless Capital with support from key investors.Unity is engineered on Avalanche to optimize performance, composability, and capital efficiency within DeFi ecosystems.XSY.fi announced the beta launch of its flagship product, Unity (UTY), on the Avalanche blockchain network. The stablecoin is pegged to the US dollar and structured to deliver capital-efficient strategies for decentralized finance users. Unity enables AVAX holders to maintain their token exposure while earning yield through a unique mechanism.Unity works by combining long spot AVAX positions with short perpetual futures. This construction provides a delta-neutral position, allowing users to access stablecoin liquidity and yield without selling their AVAX holdings. This design aims to simplify advanced strategies for funds, treasuries, and individual investors by removing technical and operational barriers.Platform Chooses Avalanche for Infrastructure StrengthXSY.fi selected Avalanche as the foundation for Unity due to its scalability, composability, and fast transaction finality. The platform highlighted Avalanche's ability to support complex DeFi strategies with a seamless user experience. These attributes aligned with Unity’s goals of active capital deployment and sustainable liquidity growth across the ecosystem.Alongside the product release, XSY.fi confirmed the completion of its pre-seed funding round. The company raised $5 million from prominent investors including Protagonist, Borderless Capital, Paper Ventures, Chainview Capital, Blizzard, the Avalanche Fund, and Sonic Boom Ventures. This funding is expected to support further development and expansion of the Unity platform.Institutional Support Signals Market ConfidenceXSY.fi has already secured over $20 million in commitments for Unity ahead of its full release. The initial yield strategy available during beta is delta-neutral, designed for risk-adjusted returns. Avalanche’s infrastructure will help ensure capital remains composable and integrated from the start.XSY.fi positions Unity as a bridge between decentralized and traditional finance. With institutional-grade yields and simplified access to DeFi returns, Unity adds new depth to Avalanche’s liquidity and supports sustainable capital growth within the network.The post Unity Stablecoin by XSY. fi Debuts on Avalanche, Backed by $5M Raise appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
You may also like

The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain
Intel CEO Pat Gelsinger's latest discussion: The AI computing power battle has gone beyond the single-point competition of GPUs; the ultimate trump card is to comprehensively restructure the semiconductor supply chain and solve the systemic bottlenecks in advanced manufacturing.

WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro
WEEX Live mode: Multi-screen desktop layout for 20 pairs, TradingView charts, one-click layout, and smart guides. Trade like a pro now.

Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week
Overview of Important Market Events on June 21

Kalshi's biggest competitor is not Polymarket
The competitive logic of the prediction market has changed.

WEEX Makes Affiliate Access Easier on the Web and in the App
WEEX now provides a smoother way to access affiliate-related pages on the web and in the app. Users can find the Affiliate entry more easily and go to the right page based on their login and affiliate status.

Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It
Set up your WEEX Spot trading page around the way you trade. Drag supported modules, show or hide key panels, move the order panel to the left or right, and use “Reset layout” at any time to return to the default setup.

Perp DEX: The Next Generation Exchange "War"
This "war" has just begun.

10 Counterintuitive Insights on Latin American Payments
10 conclusions about payments that contradict mainstream beliefs: crypto cards rely on high-net-worth individuals rather than retail, QR codes are replacing cards, stablecoin profits are competing to go to zero, and Latin American regulation is actually 5 years ahead of the United States.

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide
This gamble of transforming into AI is testing the financial strength and execution capability of mining companies.

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars
Great companies are forged before they become obvious.

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya
This on-chain reinsurance platform absorbs stablecoins from DeFi, uses them as collateral to underwrite for American insurance companies, collects premiums, and returns the profits to on-chain depositors.

The impossible triangle is simply a pseudo problem
A long time ago, the cryptocurrency industry found its true purpose. But ironically, the path it built for this purpose excluded almost everyone who would actually use it.

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?
The cryptocurrency industry may gradually shift from the hype of native altcoins to real asset tokenization, on-chain machine economy, and a more mature industrialization phase.

Blockchain Capital Partner: The Core Secret of Arbitrage
On cold starts, breaking the circle, and the toughest hurdle for founders to overcome.

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?
Beyond the leverage crunch, what is even more concerning is the liquidity reserves of the Strategy.

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?
Bitcoin price prediction 2026: Can BTC hit $150,000 by year-end? Explore Fed policy, Kevin Warsh's stance, Bitcoin ETF flows, exchange data, and BTC market forecasts.

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?
Bitcoin ETFs lost $4.4 billion over 13 trading days, raising questions about market sentiment and Bitcoin's bottom. Here's what Standard Chartered is watching and how traders are managing idle stablecoin balances during uncertain markets.

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management
Discover WEEX App’s new trading tabs: Futures, TradFi, Copy Trade (users)/ Elite Trade (lead traders) on the same page. Solve messy navigation, find opportunities faster, and manage all trades in one place.
The second half of the computing power battle: Intel CEO Pat Gelsinger reveals how AI is reshaping the global semiconductor supply chain
Intel CEO Pat Gelsinger's latest discussion: The AI computing power battle has gone beyond the single-point competition of GPUs; the ultimate trump card is to comprehensively restructure the semiconductor supply chain and solve the systemic bottlenecks in advanced manufacturing.
WEEX Live mode: Monitor 20 trading pairs at once and trade like a pro
WEEX Live mode: Multi-screen desktop layout for 20 pairs, TradingView charts, one-click layout, and smart guides. Trade like a pro now.
Morning Report | Secret Network loses $4.67 million due to cross-chain vulnerability; Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week
Overview of Important Market Events on June 21
Kalshi's biggest competitor is not Polymarket
The competitive logic of the prediction market has changed.
WEEX Makes Affiliate Access Easier on the Web and in the App
WEEX now provides a smoother way to access affiliate-related pages on the web and in the app. Users can find the Affiliate entry more easily and go to the right page based on their login and affiliate status.
Customize Your Spot Trading Page: Drag Modules and Move the Order Panel Where You Want It
Set up your WEEX Spot trading page around the way you trade. Drag supported modules, show or hide key panels, move the order panel to the left or right, and use “Reset layout” at any time to return to the default setup.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com

