Crypto.com Uses Solana Staking and Perps to Deliver 15% Stablecoin Returns


Why Institutions Are Chasing a 15% Yield Without Crypto Price Exposure
Figment, OpenTrade, and Crypto.com are rolling out a new stablecoin-based yield product designed for institutions viewking high returns without taking directional exposure to crypto assets. The structure aims to replicate the economics of Solana staking while eliminating volatility, offering roughly 15 percent annual yield based on historical performance.
The offering targets a segment of institutional investors who want exposure to blockchain-native yields but cannot hold volatile assets like SOL directly due to compliance constraints, risk committees, or custodial limitations. Instead of staking tokens themselves, investors deposit stablecoins such as USDC or USDT and receive yield generated from a hedged SOL strategy.
Figment — which currently supports more than 18 billion dollars in staked assets — handles the staking side, while OpenTrade manages the derivatives and risk architecture. Crypto.com provides segregated custody, keeping assets legally isolated from the company’s balance sheet.
Investor Takeaway
How the SOL Staking and Hedge Mechanism Generates Yield
Traditional staking exposes investors to both price movement. This product decouples the two by pairing staked SOL rewards with perpetual futures used to hedge out volatility.
Institutions deposit stablecoins, which are used to acquire SOL for staking. Figment delegates the SOL to Block confirmers on the Solana network, earning standard staking rewards typically in the 6.5 to 7.5 percent range. To protect against token price swings, OpenTrade executes short perpetual futures that neutralize SOL’s directional movement, creating a synthetic “stable yield” profile.
The net yield — historically around 15 percent — comes from two sources:
1. Standard SOL staking rewards.
2. Additional gains from managing the futures positions that offset price fluctuation.
Crypto.com holds the staked assets in fully segregated custody accounts. This separation is especially meaningful for regulated entities that need provable asset segregation and clear legal claims in the event of insolvency or operational disruption.
How This Differs From Traditional DeFi Lending and On-Chain Yield
DeFi yields often rely on lending pools, leverage, or opaque counterparty dynamics. By contrast, the Figment-OpenTrade-Crypto.com structure operates entirely with known entities, contractual obligations, and institutional-grade custody.
Institutions get predictable returns while avoiding the risks typically associated with:
– Anonymous borrowing pools
–
– Insolvent lending desks
– Unregulated intermediaries
– Opaque rehypothecation chains
When paired with transparent staking operations and regulated custody, the product becomes a compliance-aligned alternative to more speculative DeFi yield strategies.
Investor Takeaway
Why Institutional Demand for Hedged Staking Is Growing
As , regulated investors increasingly viewk predictable, controllable yield streams rather than speculative gains. Hedged staking products are emerging as a bridge between traditional finance requirements and crypto’s native reward mechanisms.
Several forces are driving this shift:
- Compliance barriers limit direct token exposure.
Many institutions are restricted from holding volatile assets like SOL, even if they want access to staking yield. - Demand for stablecoin productivity is rising.
Institutions holding large USDC or USDT balances want yield without converting into risk assets. - Hedged structures feel familiar to traditional finance.
The staking-plus-derivatives model resembles common hedging strategies. - Custodial segregation reduces perceived counterparty risk.
Crypto.com’s segregated accounts mimic the asset-protection standards expected by institutional allocators.
The product is integrated into Figment’s platform and APIs, allowing institutional clients to deposit and withdraw stablecoins at any time with yield accruing immediately.
What This Means for the Future of Institutional Yield in Crypto
While retail users often favor decentralized yield strategies, institutions are gravitating toward legally structured, volatility-neutral products. The Figment-OpenTrade-Crypto.com model reflects this broader move toward predictable, compliance-aligned income streams.
If adoption grows, similar hedged staking products may emerge for ETH, ATOM, or AVAX — turning institutional stablecoin reserves into one of the largest potential sources of demand for staking ecosystems.
For now, the new SOL-backed product signals that institutional yield markets are shifting away from speculative lending and toward engineered, risk-controlled returns built on top of blockchain infrastructure.







