Tori Finance says strUSD filled its $50 million pre-deposit cap in seven days before launch
Dutch crypto-finance protocol Tori Finance said its institutional-grade delta-neutral yield product, strUSD, secured $50 million in pre-deposit commitments before its official launch, reaching the cap in seven days. The protocol says strUSD targets an annualized yield of about 12%, generated from a global carry trade strategy widely used in traditional finance rather than from crypto-native yield recycling. According to Tori, the strategy borrows in low-interest currencies, deploys capital into higher-yield markets, and uses foreign-exchange hedging to lock in U.S. dollar returns while keeping correlation with crypto market cycles low. Founder Samed Duzcay said this type of trade has historically been limited to large institutions such as pension funds and banks because it usually requires tens of millions of dollars, along with local banking access, custody, tax handling, and compliance approvals. Tori said users can deposit USDC or USDT to mint the synthetic dollar asset trUSD and then stake it to receive strUSD, which is built on the ERC-20 standard and can be used across DeFi protocols including Morpho, Pendle, and Curve.








