Some DeFi users want predictable yield. Others want amplified upside. Until recently, both were stuck in the same blended APY — with hidden risk baked in.

Strata redesigns that equation ⚡

Strata is a risk-tranching protocol for crypto-native yields, built on top of Ethena’s USDe and sUSDe. Instead of pooling everyone into the same return stream, it restructures that yield into two liquid, on-chain exposures aligned to distinct risk profiles.

Users deposit USDe or sUSDe on the Strata app, and mint one of two tranches:

• srUSDe — LOW RISK · MODERATE RETURN — a senior tranche with priority on cash flows and principal-protection mechanics

• jrUSDe — HIGH RETURN · MODERATE RISK — a junior tranche that absorbs first losses in exchange for amplified upside potential

The senior tranche is designed for more stable yield exposure, while the junior tranche acts as the risk-absorbing layer and earns a premium for taking that role.

Strata has undergone multiple audits by leading security firms and is expanding beyond USDe, with Neutrl’s NUSD introducing srNUSD and jrNUSD tranches as part of its multi-market rollout.

🪂 The Strata Airdrop Points Program is live 🔥

Users earn Strata Points by holding srUSDe or jrUSDe and maintaining active positions within the protocol. Points accumulate directly inside the Strata dashboard.

Strata Points will eventually play a key role in the $STRATA airdrop following TGE.

The team has indicated that the $STRATA token is expected to launch in April, 2026.

The referral system grants 10% of the Strata Points generated by invited users, while invited participants receive a 10% boost on their Strata Points.

Step by step guide Strata Airdrop

• Connect Your Wallet → Head to the Strata Markets app and connect your Ethereum wallet.

• Select a Live Market → Choose one of the available markets and review the tranche options.

  
  
  

• Choose Your Tranche → Select srUSDe — LOW RISK · MODERATE RETURN for more stable exposure, or jrUSDe — HIGH RETURN · MODERATE RISK for higher upside with moderate risk.

  
  
  

• Deposit USDe or sUSDe → Enter the amount of USDe or sUSDe you want to allocate, confirm the transaction, and mint your selected tranche token.

  
  
  

• Track Your Position & Points → Keep your tranche position active to accumulate yield and Strata Points, and monitor your progress in the dashboard ahead of the $STRATA TGE.

  
  
  

• Share Your Referral Link → Invite new users using your referral link to earn 10% of the Strata Points they generate, while they receive a 10% boost.

  
  
  

* Follow @Strata_Markets on 𝕏, and join the community on Discord to stay connected.

🔎 Looking for the next big Airdrop? Our DEX Airdrops 2026 guide has you covered 📖