Perena
Stablecoin infrastructure on Solana — yield-bearing USD* digital dollar pooling USDC/USDT/PYUSD at ~10-15% APY, with Numeraire stableswap AMM
Farming Overview
Key Statistics
How to Farm Perena
- Mint and hold USD* — earn yield (~10-15% APY) plus 1 Petal per $1 held per day
- Swap stablecoins on Numeraire AMM — first 5 swaps per day earn Petals
- Provide liquidity in seed/growth pools — time multiplier up to 3x at 60+ days
- Deposit in Vaults (e.g., USDT vault with Concrete) for ~8.5% APY plus points
- Refer friends for 10% of their Petals as bonus
- Earn badge multipliers — yield badges and identity badges boost total Petals
Why Farm Perena?
- Backed by Susquehanna (SIG, $500B+ AUM), Binance Labs, Borderless Capital, Maelstrom, SevenX, Primitive Ventures
- USD* delivers 10-15% APY from delta-neutral hedging, secured lending, and tokenized liquid assets
- Petals Season 1 active: 1 Petal per $1/day held, 1,000 Petals per $1 of yield — transparent accumulation system
- $31M USD* market cap, 15,400+ holders, $2B+ cumulative swap volume, 100K+ wallet interactions
- Numeraire AMM solves $170B+ stablecoin liquidity fragmentation via hub-and-spoke architecture
- Pre-token, pre-exchange — earliest entry into Solana's most institutionally-backed stablecoin play
About Perena
Perena is a stablecoin infrastructure protocol on Solana, founded by Anna Yuan (former head of stablecoins at the Solana Foundation). Its core product is USD* (USD Star), a yield-bearing digital dollar that pools USDC, USDT, and PYUSD. The underlying AMM, Numeraire, is a hub-and-spoke multi-token stableswap optimized for stablecoin trading with over $2.1B in cumulative swap volume.
Similar DeFi Protocols
Frequently Asked Questions
What is Perena and how does it work?
Perena is a stablecoin infrastructure protocol on Solana, founded by Anna Yuan (former head of stablecoins at the Solana Foundation). Its core product is USD* (USD Star), a yield-bearing digital dollar that pools USDC, USDT, and PYUSD. The underlying AMM, Numeraire, is a hub-and-spoke multi-token stableswap optimized for stablecoin trading with over $2.1B in cumulative swap volume.
How do I farm the Perena airdrop?
To farm the Perena airdrop, you should: Mint and hold USD* — earn yield (~10-15% APY) plus 1 Petal per $1 held per day. Swap stablecoins on Numeraire AMM — first 5 swaps per day earn Petals. Provide liquidity in seed/growth pools — time multiplier up to 3x at 60+ days. Deposit in Vaults (e.g., USDT vault with Concrete) for ~8.5% APY plus points. Perena is currently in the early farming stage with farming active airdrop status.
What is the expected value of the Perena airdrop?
The Perena airdrop has an expected value rating of 3 out of 5 ($$$). The farming stage is early and the airdrop status is farming active. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.
Why should I farm Perena?
Backed by Susquehanna (SIG, $500B+ AUM), Binance Labs, Borderless Capital, Maelstrom, SevenX, Primitive Ventures USD* delivers 10-15% APY from delta-neutral hedging, secured lending, and tokenized liquid assets Petals Season 1 active: 1 Petal per $1/day held, 1,000 Petals per $1 of yield — transparent accumulation system