Agora and Upshift have partnered to deploy AUSD and earn AUSD on Monad to build core Stablecoin and Yield infrastructure.
Alyssa Davidson
Posted: Oct 17, 2025 3:12 AM Updated: Oct 17, 2025 3:12 AM
Edit and fact check date: October 17, 2025, 3:12 AM
briefly
Agora and Upshift have partnered to launch AUSD and EarnAUSD on the Monad mainnet and build core stablecoin and yield infrastructure to drive liquidity, adoption, and growth across the ecosystem.
Agora, an integrated platform focused on moving stablecoins and digital currencies, announced a collaboration with DeFi yield farming platform Upshift to implement core stablecoin infrastructure and introduce yield products AUSD and EarnAUSD to the Monad mainnet. AUSD serves as Agora’s fully backed digital dollar, maintained at a 1:1 ratio to USD. Developed by Upshift, EarnAUSD operates as a liquid yield token that allocates AUSD across native trading and delta-neutral DeFi strategies, and is designed to provide a streamlined approach to generating optimized, risk-adjusted returns for stable assets.
AUSD will serve as the primary stablecoin within the Monad network, facilitating liquidity across payments, decentralized finance applications, and institutional finance operations. Agora also plans to introduce a fixed-price, instant liquidity protocol coupled with USDC to enable atomic payments and asset exchanges. Alongside this, Upshift will be launching EarAUSD, which will allow deposits denominated in AUSD and USDC.
EarAUSD is intended to be the primary Monad-based yielding asset within the ecosystem. Both AUSD and EarAUSD will be integrated from the ground up across the Monad network as native stablecoins and yield products, supporting features such as trading, lending, decentralized exchanges, yield optimization, gaming, and real-world asset tokenization. This integration is expected to provide immediate functionality and substantial, stable liquidity to the entire Monad ecosystem.
Within the ecosystem, AUSD serves as collateral across platforms including Perpl, Narwhal Finance, Drake, and Bean Exchange. Liquidity is also established on decentralized exchanges and automated market makers such as Kuru, Ambient Finance, Mondy Trade, and PancakeSwap.
For lending and credit operations, users can deposit, lend and earn in AUSD and EarnAUSD through platforms such as Euler Labs, Curvance, Peridot Finance and Folks Finance. Yield diversification opportunities are also available through Yield.xyz, Mace, Rubic, and HIVE. AUSD’s usefulness will further expand with projects such as Lumiterra, Mu Digital, and Zona.
This overview represents a partial list, as additional protocols preparing for deployment on Monad are expected to announce support for both AUSD and EarnAUSD.
Agora and Upshift launch incentive framework to drive liquidity and DeFi growth across Monad ecosystem
To drive broader adoption, Agora and Upshift are working with partners across the Monad ecosystem to build an incentive framework to drive sustainable liquidity growth of Monad’s underlying assets. This adjusted plan includes measures to improve liquidity efficiency in the AUSD market, ensuring smoother trading conditions while minimizing slippage. It also draws new total value locked (TVL) onto the Monad network from the broader DeFi landscape, including EarAUSD’s targeted growth program designed to attract users to its high-yield vaults.
Additionally, the EarAUSD initiative will expand support for Monad native projects, stimulating ongoing activity and strengthening the overall DeFi ecosystem within Monad. By integrating stablecoin functionality with yield-generating opportunities, EarAUSD is positioned to attract capital inflows to monad-based applications, effectively turning idle stablecoin holdings into active yield-generating assets within the network.
disclaimer
In accordance with the Trust Project Guidelines, the information provided on these pages is not intended and should not be construed as legal, tax, investment, financial or any other form of advice. It is important to invest only what you can afford to lose and, when in doubt, seek independent financial advice. We recommend that you refer to the Terms of Use and help and support pages provided by the publisher or advertiser for more information. Although MetaversePost is committed to accurate and unbiased reporting, market conditions may change without notice.
About the author
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
more articles
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
more articles