AbraFi Launches Solana’s First Fully-Backed, Delta-Neutral Synthetic Dollar Connecting Real-World Assets On-Chain

Mustafa Eid, ABU DHABI, December 12, 2025

Today, Abra, the leading digital asset wealth management platform, announced it is supporting the launch of AbraFi, a Solana-native independent, user owned, protocol designed to connect real-world assets to crypto-native financial instruments at scale.

Leveraging its expertise in generating attractive risk-adjusted yields in DeFi, Abra has worked with Abra Labs to design AbraFi’s first product is USDAF, a fully-backed, delta-neutral synthetic dollar, alongside sUSDAF, its staked, yield-bearing counterpart.

Abra will leverage USDAF and sUSAF as part of its yield generating strategies and will offer native USDAF and sUSDAF custody to clients in its separately managed account vaults.

Abra will also provide access to its clients that qualify to earn yield on stablecoins via sUSDAF.

Built on Solana’s high-performance architecture, USDAF delivers permissionless access to US Dollars while maintaining stability through robust hedging strategies and a diversified backing pool of liquid stablecoins and staked digital assets including SOL and other liquid tokens.

USDAF marks a significant step in Abra’s mission to make DeFi more accessible to both institutional and retail participants.

“In 2015, Abra created the first synthetic dollar on Bitcoin to facilitate global payments and investments. Now crypto native stablecoins play a critical role in DeFi in creating a financial system that is free from counterparty risks and the need to trust other institutions.”said Bill Barhydt, CEO of Abra.

“By creating USDAF, a fully-backed, delta-neutral synthetic dollar, and sUSDAF, its staked, yield-bearing counterpart, AbraFi is enabling scalable, transparent, and permissionless access to tokenized assets. AbraFi, starting with USDAF, empowers individuals, institutions, and developers to participate in a stable, on-chain financial ecosystem, linking CeFi and DeFi in ways that were never before possible.”

Key Features:

* Delta-Neutral Synthetic Dollar (USDAF): Fully-backed and pegged to USD using a combination of liquid stablecoins, staked SOL, and delta-hedging strategies.

* sUSDAF: Staked, yield-bearing version of USDAF that accrues rewards from protocol revenue, staking, and derivatives strategies, targeting 5-15% net yield.

* Enterprise & Retail Access: Users can mint USDAF directly on-chain or via approved partners with KYC/KYB verification.

* Robust Risk Management: Multi-layered approach to mitigate smart contract, liquidity, custodial, and exchange risks.

* Governance (AFI Token): Planned 2026 launch of AFI governance token to allow holders to participate in protocol decisions and share protocol revenue.

AbraFi liquidity will be seeded across DeFi venues including Orca, Raydium, and Jupiter, as well as CeFi integrations for margin and collateral, and neobank/wallet rails to support savings and payments.

AbraFi will further announce retail seeding promotions upon full USDAF availability targeted for late December. AbraFi expects its governance token, AFI representing oversight and ownership in the network, to be released in the first quarter of 2026.