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Earn 5% APY yield on XLM with yXLM

Automatic, flexible, on-chain rewards delivered daily to your wallet.

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Earning interest on your crypto is now easier than ever!
yXLM and other yield generating tokens issued by Ultra Stellar abstract the process of lending money to CeFi and DeFi platforms. By working with multiple trusted services, we are able to access higher APY rates available on the market and reduce fees. Your yXLM tokens are in your crypto wallet and in your custody, so you can sell, send or redeem them anytime.
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flexible
Flexible
No long term commitments. Holders of yXLM receive interest daily. Jump in or out by converting yXLM to XLM anytime. Redeem through Ultra Stellar anchor or use Stellar DEX.
liquid
Liquid
You get yXLM when you lend your XLM to us. Since yXLM are issued on Stellar, they are fully liquid, so you can use them as you need — hold and earn, trade or send them.
backed
100% Backed
Every yXLM is backed 1:1 by deposited XLM. The issuance of yXLM happens on-chain when new XLM are deposited. Redeemed yXLM are burned. It is recorded on the Stellar network and can be verified.
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Transparent
The interest is distributed on-chain, so anyone can verify our current and historical APY rates and ensure all token holders are rewarded fairly according to their yXLM balance.
ecosystem
Ecosystem Integration
Convert XLM to yXLM directly on this website or in any supported Stellar wallet. We use open standards enabling interaction between anchors and wallets (SEP-24 and SEP-6).
nofees
Almost Zero Fees
Don’t worry about high network fees that are associated with many DeFi services. Our advertised APY rates are real, there are no withdrawal or deposit fees, except a micro transaction fee charged by the Stellar network.
Earning interest on your crypto is now easier than ever!
yXLM and other yield generating tokens issued by Ultra Stellar abstract the process of lending money to CeFi and DeFi platforms. By working with multiple trusted services, we are able to access higher APY rates available on the market and reduce fees. Your yXLM tokens are in your crypto wallet and in your custody, so you can sell, send or redeem them anytime.
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flexible
Flexible
No long term commitments. Holders of yXLM receive interest daily. Jump in or out by converting yXLM to XLM anytime. Redeem through Ultra Stellar anchor or use Stellar DEX.
liquid
Liquid
You get yXLM when you lend your XLM to us. Since yXLM are issued on Stellar, they are fully liquid, so you can use them as you need - hold and earn, trade or send them.
backed
100% Backed
Every yXLM is backed 1:1 by deposited XLM. The issuance of yXLM happens on-chain when new XLM are deposited. Redeemed yXLM are burned. It is recorded on the Stellar network and can be verified.
transparent
Transparent
The interest is distributed on-chain, so anyone can verify our current and historical APY rates and ensure all token holders are rewarded fairly according to their yXLM balance.
ecosystem
Ecosystem Integration
You can do a 1:1 conversion between XLM and yXLM. Convert directly on this website or in any supported Stellar wallet. We use open standards enabling interaction between anchors and wallets (SEP-24 and SEP-6).
nofees
Almost Zero Fees
Don’t worry about high network fees that are associated with many DeFi services. Our advertised APY rates are real, there are no withdrawal or deposit fees, except a micro transaction fee charged by the Stellar network.
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APY rates

APY rates are flexible, and can change depending on the market conditions. You can see current rates for yXLM on this website, but we also publish APY rates on blockchain, so you can further verify on explorer. We always aim to provide better APY rates and thus can switch between different trusted service providers to ensure best yields.

Interest amounts are distributed daily according to your yXLM balances at the time of snapshot. If you transfer yXLM to a different address, this new address will start receiving rewards instead of your account.
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Getting started with yXLM

You’ll need a Stellar wallet to store yXLM and receive daily rewards. Any Stellar wallet would work as long as it allows you to add trustlines. We recommend LOBSTR for mobile devices, StellarX for desktop. It’s always a good idea to use a hardware wallet such as Ledger or Trezor, especially if you plan to store significant amounts.

Most centralized exchanges (e.g. Coinbase or Binance) do not allow you to add Stellar tokens yet, so you should get a non-custodial wallet such as LOBSTR. Use the button below to add a trustline to yXLM or search for yXLM or ultrastellar.com in the asset list.
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Converting between yXLM and XLM

Ultra Stellar provides anchoring service that enables 1:1 conversion between yXLM and XLM. Follow the instructions on this website, the whole process only takes a few minutes.

Several Stellar products (LOBSTR, StellarX, StellarTerm) support interaction with anchors, so look out for Deposit and Withdraw buttons next to yXLM asset. This way you can make the conversion without leaving your wallet.
Alternatively, you can trade yXLM on SDEX as any other asset. Keep in mind that the price of yXLM on the Stellar DEX is a market price, which may not always be equal to 1 XLM.
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Get interest payouts
Once you have yXLM in your wallet, you are all set. Within 24 hours you will get an interest reward, and you’ll be receiving those daily. Interest payout APY rate is stated in the transaction memo, so you can always check the current APY rates.
Received yXLM interest can be converted into XLM or other tokens. If your yXLM position is changed, your next interest payouts will be adjusted accordingly.
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Commonly asked questions.
How often is interest paid?
The interest is paid daily. The amount is based on the current APY rates and the number of yXLM in your account at the time. The interest is compounding, meaning that earned yXLM will also generate additional yield.
How is the revenue generated?
Ultra Stellar acts as an asset manager and works with multiple trusted CeFi/DeFi protocols to generate yield on the funds in custody. A thorough due diligence process takes place before a decision is made to utilise a specific platform. This is an ongoing process, and Ultra Stellar will continue to monitor platforms providing high APY. However, we only work with companies/protocols with over $1B of AUM and having a clear history of at least a year of production operations.
Further on, we will continue to investigate other options for revenue generation, including providing loans. Any changes to the model of revenue generation will be communicated in advance on our social media channels and on the website.
What are the risks?
Cryptocurrency assets are subject to high market risks and volatility. Please refer to this page explaining the risks of holding yield generating tokens issued by Ultra Stellar such as yXLM.
Can I get better APY rates with yXLM than other CeFi/DeFi providers?
Sure, we partner with multiple providers, and are always evaluating the market conditions.
Even though Ultra Stellar takes a small fee for management of the funds, there's a chance that yXLM will provide better returns and higher effective APY than using the same CeFi/DeFi provider directly. The additional savings are possible because we can often reduce fees (network, deposit, withdraw) when operating with larger amounts.
Is there a way to increase payouts?
Not yet. Stay tuned for further updates! hint: $AQUA
How can I do a 1:1 conversion between yXLM and XLM in my Stellar wallet?
Please follow this link to find guides for every supported Stellar wallet.
Have further questions or need support?
Please email us at [email protected] and we will be in touch with you shortly.
Start earning 5% interest on your XLM today!
Convert your XLM to yXLM and receive daily interest in your Stellar wallet.
Start earning 5% interest on your XLM today!
Convert your XLM to yXLM and receive daily interest in your Stellar wallet.

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