What is Superform (UP)

I. Project Introduction

1. What Is Superform?

Superform is a next-generation, user-owned neo-bank designed to allow anyone to invest, trade, and transfer assets without ever giving up custody or control. For issuers, it provides permissionless infrastructure to rapidly launch and scale products with immediate global reach.

2. How Does Superform Operate?

Key products are as follows:

1) Earn: Users deposit assets into SuperVaults, which utilize intelligent automation for asset allocation. These vaults primarily deploy user assets into top-tier DeFi protocols—such as Aave, Euler, Morpho, and Pendle—to generate yield. Currently, the platform supports Flagship SuperVaults for USDC, WETH, and WBTC. Interest is primarily generated through on-chain fixed and floating rate lending products, among other yield strategies.

2) Save: Users can create virtual bank accounts powered by Bridge. This feature allows for automated payroll conversion, where your salary is automatically exchanged into stablecoins upon deposit.

3) Swap: Facilitates the instant trading of cryptocurrencies or the direct purchase of crypto using fiat (cash).

4) Send: Users can send stablecoins and crypto directly to addresses across over 7 supported blockchains. Additionally, through the Bridge integration, users can make payments directly from their Superform wallet balance to traditional bank accounts.

Superform v1 introduced cross-chain deposits, routing, and yield discovery across more than 1,200 vaults, attracting over $185 million in deposits from 150,000+ users. On November 24, 2025, Superform V2 was launched, followed by the rollout of its first flagship strategies—SuperWBTC, SuperWETH, and SuperUSDC—on December 3, 2025. SuperVaults v2 is a permissionless, non-custodial vault system secured by validators and designed for institutions, developers, and retail users. Built on the modular, multi-chain execution infrastructure of Superform Core, SuperVaults v2 establishes a unified yield layer for the ecosystem.

3. Who Created Superform?

1) Vikram Arun (Co-founder): Formerly an investor at BlockTower Capital and a Senior Biotechnology Researcher at Raymond James. He also co-founded Ledger Group and holds a degree from Washington University in St. Louis.

2) Blake Richardson (Co-founder): Previously the Head of DeFi at BlockTower Capital and Co-founder of CryptoPets. His background includes research at GRA Quantum and a degree in Economics from George Washington University.

3) Christian Dumas (Head of Ecosystem): A veteran in the crypto space, Christian co-founded Ethereum Vancouver and YVR DAO. He previously served as a BD and Community Manager at LayerZero and a Financial Analyst at Conatix. He is an alumnus of the University of British Columbia.

Funding:

- September 2025: Superform Labs raised $1.4 million in a community round via the Echo platform. The round was led by Polymer Pals, with participation from Tea Club, Tachyon, and others.

- December 2024: Superform secured $3 million in funding led by VanEck Ventures. Other participants included Polychain Capital, CMT Digital, Amber Group, Node Ventures, BlockTower Capital, Heartcore Capital, Maven11 Capital, and UpTop Capital.

- February 2024: Superform Labs raised $6.5 million in combined Seed and Angel funding. Polychain Capital led the Seed round, with participation from BlockTower Capital, Maven 11, Circle Ventures, and prominent angel investors including Arthur Hayes, Marc Bhargava, Avi Felman, Michael Bucella, and Bryan Pellegrino.

4. Superform Tokenomics

The initial total supply is set at 1 billion tokens, with a fixed issuance cap for the first three years. Thereafter, governance may authorize an annual inflation rate of up to 2% to fund validator rewards, strategist maintenance, and ecosystem incentives. The token allocation is as follows:

Community & Ecosystem: 50.4%

Core Team & Advisors: 24.6% (1-year cliff from TGE, followed by a 24-month linear monthly vesting schedule).

Strategic Partners: 22.2% (1-year cliff from TGE, followed by a 24-month vesting period).

Echo Sales: 2.8% (1-year cliff from TGE, followed by a 24-month vesting period).

5. Token Utility

$UP powers the governance, staking, and incentive mechanisms of the Superform ecosystem.

1) Protocol Fees: Revenue is generated through vault fees, swap fees, SuperAsset fees, and execution fees.

2) Staking & Security: To access core functionalities, network participants may be required to stake $UP in accordance with governance policies (e.g., Validator Staking or Strategist Bonding).

3) Governance via sUP: Staking $UP mints sUP, a vault token used for governance. With sUP, holders can: Propose and vote on incentive allocations, treasury utilization, and emission parameters. Adjust validator strategies, registry updates, or PPS (Price Per Share) standards. Approve SuperAsset listings, risk parameters, and liquidity routing. Initiate emergency protocols and actions.

II. Token Information

III. Related Links