Figment has partnered with OpenTrade to launch a new institutional stablecoin yield product offering returns of up to 15 percent APR, with Crypto.com serving as custodian.
Key Takeaways
- Figment and OpenTrade introduced a stablecoin yield product that delivers approximately 15 percent APR, powered by Solana staking and a hedging strategy.
- The product is custodied by Crypto.com in legally segregated accounts, designed to minimize exposure to DeFi risks.
- The yield is generated through price-neutral staking, combining Solana validator rewards and perpetual futures managed by OpenTrade.
- Aimed at institutions, the product offers instant interest accrual, 24/7 counterparties, and full liquidity with no lockups.
What Happened?
Staking infrastructure provider Figment has teamed up with OpenTrade to launch a new yield-bearing stablecoin product aimed at institutional investors. The solution combines staking rewards from Solana (SOL) with derivatives-based hedging to deliver historically strong yields while reducing volatility risk. Crypto.com is providing custodial services to ensure secure asset handling.
🚀 Figment is bringing staking to stablecoins.
— Figment (@Figment_io) November 17, 2025
We’ve launched OpenTrade Stablecoin Staking Yield Powered by Figment — delivering ~15% average APR on stablecoins, powered by Figment’s institutional-grade infrastructure, OpenTrade’s yield engine, and https://t.co/78Ntu5U0FT… pic.twitter.com/kYRLg8ADWx
A New Model for Stablecoin Yield
The new product, called OpenTrade Stablecoin Staking Yield Powered by Figment, is designed as a secure alternative to traditional DeFi lending. It seeks to offer higher returns without exposing investors to the counterparty risks or technical vulnerabilities often seen in decentralized finance.
Here’s how it works:
- Stablecoin deposits are managed through Figment’s institutional-grade platform.
- These funds are paired with staking rewards from a dedicated Solana validator run by Figment.
- To neutralize SOL’s price volatility, OpenTrade implements a perpetual futures strategy, making the yield price-neutral.
This mechanism has reportedly delivered over twice the return of standard Solana staking, which typically yields around 6.5 to 7.5 percent. The new strategy pushes that to about 15 percent APR, although actual results may vary with market conditions.
Full Custodial Support and Legal Protections
Crypto.com acts as the custodian and exchange partner, providing infrastructure and legal safeguards not commonly available in DeFi protocols. According to the companies:
- All assets are held in fully segregated accounts, separate from the exchange’s operational funds.
- Investors are granted a security interest over these assets, which adds a legal protection layer for institutions.
- 24/7 identified counterparties are available to support transactions and client needs.
These features are designed to meet institutional risk and compliance standards, making it easier for asset managers, custodians, and exchanges to participate in crypto yield strategies.
Seamless Access and No Lockups
Figment’s platform and APIs allow clients to:
- Deposit stablecoins and start earning interest immediately.
- Withdraw any amount at any time with no lockup periods.
- Track portfolio performance with institutional reporting tools.
This flexibility, combined with strong protections and high returns, targets growing demand from fintechs, wallets, and digital asset platforms.
Addressing Market Needs
As the demand for secure stablecoin yield solutions grows, this launch offers a novel hybrid between real-world asset protection and crypto-native returns.
Jeff Handler, Co-founder and Chief Commercial Officer at OpenTrade, emphasized the product’s unique positioning:
Andy Cronk, Co-founder and Chief Product Officer of Figment, added:
CoinLaw’s Takeaway
In my experience, yield products in crypto often come with major trade-offs: you either chase returns and risk security, or stay safe and earn very little. What I like about this Figment and OpenTrade partnership is that it finally bridges the gap. They’re offering a real solution for institutions that want better yield on stablecoins without dipping into risky DeFi pools. Using SOL staking with a perpetual hedge is a clever structure, and having Crypto.com in the loop adds a much-needed trust layer. For institutional players sitting on stablecoins, this could be one of the most compelling offers in the market right now.
