Outrun Finance

Outrun is a modular DeFi protocol built around a loop of yield-bearing assets, stablecoins and issuance. OutStake standardises yield-bearing receipts from Aave, Lido, Ethena, Sky, Lista and Aster behind one interface and mints pegged stablecoins called uAsset, namely UETH, UUSD and UBNB, at face value; collateral keeps earning and the position carries no interest and no liquidation. A PSM module swaps USDC, USDT or ETH into uAsset at 1:1, and idle uAsset can be deposited into the USR savings vault to accrue interest.

uAsset travels across chains as a LayerZero OFT and is consumed by Memeverse for launch funding and leverage interest; Memeverse uses a four-pool liquidity structure whose primary pool is locked for 365 days, with the locked portion split into PT and YT for trading, which closes the supply and demand loop between the two modules. OutSwap uses a constant-product model with an on-chain referral commission engine and an MEV guard, and separates liquidity from fee collection so providers can claim fees without withdrawing liquidity. It binds yield tokenisation to meme issuance.