Unity (UTY) stablecoin analytics
Answer First
What is Unity (UTY)?
UTY is YieldPoint's market-neutral synthetic dollar: USDC on Base mints UTY 1:1; Avalanche and Katana are spokes; redemption is Base-only after 7 days. The static profile records its US Dollar peg mechanism as: Deposit USDC on Base to mint UTY 1:1; backing is swept to managed custody for strategy modules that may include long-spot/short-perpetual hedges, lending, liquidity provision, and structured yield.
Is UTY safe?
Pharos does not assess UTY as safe: it holds a D Safety Score grade (45/100) in the latest published rating, which flags significant structural risk. Static metadata says Unity uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Accountable; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Unity (UTY) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
XSY's UTY is an AVAX-hedged delta-neutral synthetic dollar minted 1:1 from USDC on Base, with Avalanche and Katana as LayerZero spokes and redemption back to USDC only on Base after a 7-day unbonding period. It holds a N/A overall grade, and the pillar spread tells the story. The peg record is the strongest line on the card: the basis trade of long AVAX spot against short perps with a USDC buffer has held the dollar line, and its dozens of recorded deviations are shallow blips rather than crises.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- USDC deposits swept to managed custody and allocated across strategy modules that may include long-spot/short-perpetual hedges, on-chain lending, liquidity provision, and structured yield; current asset and hedge weights are not publicly itemized.
- Peg Mechanism
- Deposit USDC on Base to mint UTY 1:1; backing is swept to managed custody for strategy modules that may include long-spot/short-perpetual hedges, lending, liquidity provision, and structured yield. Base-only redemption requests burn UTY and release USDC after the 7-day bonding period.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Accountable Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety uty-xsy
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
UTY quick answers
What is Unity (UTY)?
UTY is YieldPoint's market-neutral synthetic dollar: USDC on Base mints UTY 1:1; Avalanche and Katana are spokes; redemption is Base-only after 7 days. The static profile records its US Dollar peg mechanism as: Deposit USDC on Base to mint UTY 1:1; backing is swept to managed custody for strategy modules that may include long-spot/short-perpetual hedges, lending, liquidity provision, and structured yield.
Is UTY safe?
Pharos does not assess UTY as safe: it holds a D Safety Score grade (45/100) in the latest published rating, which flags significant structural risk. Static metadata says Unity uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Accountable; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs UTY?
Pharos classifies UTY backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposits swept to managed custody and allocated across strategy modules that may include long-spot/short-perpetual hedges, on-chain lending, liquidity provision, and structured yield; current asset and hedge weights are not publicly itemized. Reserve evidence: Real-Time PoR from Accountable.
Can UTY be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for UTY, when applicable, appear in the dossier below.
