Lucidly x Spectra: Fixed Rate syUSD + Lucidly Drops
Feb 9, 2026
syUSD (Stable Yield USD) at Spectra Finance markets are powering fixed rate exposure to syUSD's high performance DeFi allocation engine and Lucidly Drops.
What is syUSD? USDC-Denominated High-Performance Yield Strategy
syUSD (Stable Yield USD) is a USDC denominated yield strategy designed to earn across multiple bluechip protocols. Built on Lucidly’s advanced yield platform, this flagship strategy delivers scalable, high performance yield. Lucidly Finance platform unlocks institution grade execution with automated optimization, continuous monitoring, robust risk management, and transparent reporting.
syUSD (Stable Yield USD) farms across major EVM networks, making yield opportunities natively accessible on katana network. Execution is fully automated across sophisticated DeFi strategies from bluechip leverage looping and harvesting new LP incentives, to capturing funding rate yields on perpetual DEXs and fixed income strategies.
Spectra Finance: Permissionless Onchain Markets for syUSD
Spectra Finance is a permissionless protocol that builds liquid onchain markets around syUSD (Stable Yield USD) via Principal Tokens (PTs), Yield Tokens (YTs), and LP positions, expanding Katana’s productive yield execution even further.
This isn’t traditional yield tokenization, it offers a way to price Lucidly Drops mechanics and a fixed rate exposure into tradable, composable onchain markets. Rewards are no longer static; they become dynamic markets in their own.
How Spectra Splits syUSD: PTs, YTs & Liquidity Provision
Spectra’s design is elegant and powerful. The protocol takes syUSD (Stable Yield USD) and splits it into PTs, which offer fixed rate yield, and YTs, which offer leveraged exposure to Lucidly Drops and strategy performance upside.
Today, syUSD PTs offer a fixed APY of 13.5%, while YT holders take a directional stance on the future value and convertibility of Lucidly Drops. PT holders lock in the fixed side. If you prefer to focus on market structure, provide liquidity between PT and YT to deepen the market and earn trading fees. All these positions: YT, and LP earn a 3x Lucidly Drops boost through our merkl campaign, designed to incentivize early liquidity and price discovery.
View the Merkl campaign opportunity here
Why This Matters: Transparent, Tradable Markets for Lucidly Drops
These positions are backed by high performance bluechip DeFi strategies and Lucidly Drops incentives, creating transparent insight into how the market values Lucidly Drops over time. By making these yields liquid and tradable, we’re effectively introducing a market for Lucidly’s future value. This unlocks pathways for hedging, speculation, and structured DeFi products, all live on Katana Network.
The outcome is that syUSD evolves from a static bundle of DeFi strategies into a programmable, composable market primitive tied directly to Lucidly’s incentive layer.
Get Started: Access syUSD Markets on Spectra Finance Today
Access the Spectra syUSD pool, choose PT, YT, or LP exposure, and start earning your boosted 3x Lucidly Drops rewards today.
This is a step toward the next era of Lucidly's syUSD (Stable Yield USD), where the value of future protocol incentives becomes transparent, onchain, and entirely tradable.
