Unity (UTY) stablecoin analytics
UTY is XSY's delta-neutral synthetic dollar on Avalanche: USDC deposits hedged by long AVAX spot and short perps, with a 7-day redemption unbonding.
Static Profile
Static stablecoin profile
Unity (UTY) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Jun 3, 2026
XSY's UTY is an AVAX-hedged delta-neutral synthetic dollar custodied at Ceffu and Copper with a 7-day unbonding, and it reads less like an operating product than a locked vault on a quiet mountain. Supply has the look of something in stasis rather than active use, and the F...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- USDC deposits hedged via delta-neutral pairing of long AVAX spot positions with short perpetual futures; yield generated from perpetual contract funding rates; custody via Ceffu & Copper Clearloop
- Peg Mechanism
- Users deposit USDC to mint UTY at 1:1; XSY maintains peg by delta-neutral hedging with long AVAX spot and short perpetual futures positions; users redeem UTY back to USDC after a 7-day unbonding period
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Accountable Reserve source
Snippet Answer
Is UTY safe?
Pharos does not mark UTY as absolutely safe. 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 freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
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 Jun 3, 2026.
UTY quick answers
What is Unity (UTY)?
UTY is XSY's delta-neutral synthetic dollar on Avalanche: USDC deposits hedged by long AVAX spot and short perps, with a 7-day redemption unbonding. The static profile records its US Dollar peg mechanism as: Users deposit USDC to mint UTY at 1:1; XSY maintains peg by delta-neutral hedging with long AVAX spot and short perpetual futures positions; users redeem UTY back to USDC after a 7-day unbonding period
What backs UTY?
Pharos classifies UTY backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposits hedged via delta-neutral pairing of long AVAX spot positions with short perpetual futures; yield generated from perpetual contract funding rates; custody via Ceffu & Copper Clearloop Reserve evidence: Real-Time PoR from Accountable.
Can UTY be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for UTY, when applicable, appear in the dossier below.