Velar now supports 5% yield on USDh collateral from Hermetica when trading Bitcoin perpetuals, creating the first Bitcoin-native solution that combines leveraged trading with passive income generation.

What This Means for Traders

Starting today, traders can:

• Earn 5% APY on USDh collateral from Hermetica automatically while trading

• Go long on Bitcoin through the sBTC/USDh perpetual pair

• Receive weekly yield distributions

This integration creates a dual benefit: traders maintain their existing Bitcoin exposure through perpetual futures while simultaneously earning yield on their stablecoin collateral.

A First for Bitcoin DeFi

This capability marks an important milestone for the Bitcoin DeFi ecosystem. Through our partnership with Hermetica, users no longer need to choose between earning yield and active trading - they can now do both simultaneously within a Bitcoin-native environment.

"Launching the first Bitcoin-native PerpDEX with the sBTC/USDh pair is a huge step for Bitcoin DeFi. With USDh, not only do traders get a new way to trade with leverage, but they can also earn 5% yield on their collateral — making this a completely new and innovative experience in Bitcoin trading," notes Mithil Thakore, CEO of Velar.

How It Works

The integration with Hermetica is straightforward and requires no additional steps from users:

1. Deposit USDh as collateral on Velar

2. Trade the sBTC/USDh perpetual pair as usual

3. Receive 5% APY on your USDh collateral from Hermetica, distributed weekly on every Wednesday.

Jakob Schillinger, CEO of Hermetica, explains: "USDh is the only stablecoin that gives Bitcoin traders the chance to earn yield while going long Bitcoin. By providing a 5% yield on collateral, we're opening up a new opportunity for Bitcoin-native finance, where users trade while earning a passive income, a feature never seen before in Bitcoin-native DeFi."

Building for Bitcoin's Financial Future

This integration demonstrates the growing maturity of the Bitcoin DeFi ecosystem. By combining Velar's perpetual trading infrastructure with Hermetica's yield-bearing stablecoin, we're creating practical financial tools that deliver real value to Bitcoin users.

The 5% yield on USDh collateral showcases Bitcoin's potential to support sophisticated financial applications while maintaining the security and decentralization that defines the Bitcoin network.

Get Started Today

Visit perpdex.velar.com to begin trading with yield-bearing USDh collateral. For additional information on USDh and how its yield mechanism functions, visit hermetica.fi.

We remain committed to expanding Bitcoin's DeFi capabilities through practical, user-focused solutions that provide tangible benefits to our community.