Unitas

Decentralized stablecoin platform. It enables users to acquire USDu through DEX liquidity pools. It earns yield from the revenue generated by the USDu strategy. It includes trading fees and funding rate payments associated with the delta-neutral JLP position. It provides fee-based revenue, while short perpetual positions offset the price exposure of the underlying assets. The company was founded in 2024 and headquartered in Singapore. It has raised $13.3M in seed funding, with backing from Awaken Finance, Amber Group, Blockchain Builders Fund, Taisu, and others. The company operates in the FinTech - Cryptocurrencies, Blockchain Technology - Cryptocurrencies space. Its offerings span Cryptocurrencies - Coins - Stable Coins.