Introducing Polaris. A self-scaling stablecoin operating system. Uncorrelated yields. No T-Bills. No CEXs. No compromises. Here's what we've been building 🧵
Polaris USDp (USDp) Pre-launch Stablecoin Tracker
USDp
Pre-launchPharos hasn't ingested data for this one yet.Testnet
Pharos can still tell you how this asset is supposed to work, when it expects to launch, and what sources to watch. Live market, peg, liquidity, and safety surfaces activate only after the first post-launch data sync.
Full launch status and history
Public testnet open on Sepolia at testnet.polaris.finance (the earlier app.testnet.polarisfinance.io host no longer resolves); official documentation is live at docs.polaris.finance with commits through September 10 2026, and the protocol now labels the asset USDp rather than pUSD. Security review in progress with professional audits upcoming per the site roadmap; mainnet date uncommitted; polarisfinance.io explicitly states no date is set and prioritises security over speed, so the earlier 2026-Q4 expectation was retired on 2026-08-05. Blog and press quiet since late April 2026.
At a Glance
- Backing
- Crypto-Collateralized
- Governance
- Decentralized (DeFi)
- Peg Currency
- US Dollar
- Yield-Bearing
- Yes
Launch Alert
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/subscribe launch pusd-polarisActivity Timeline
Jun 22, 2026Announcement
Polaris documentation renames pUSD to USDp
The official docs at docs.polaris.finance describe USDp as the native Polaris dollar (115% minimum collateral ratio, pETH collateral, Earn Vault), and the Sepolia testnet app at testnet.polaris.finance uses the USDp label throughout. The docs repository was created on June 8 2026 and its diagrams switched to USDp wording on June 22; earlier blog posts on polarisfinance.io still say pUSD.
SourceApr 27, 2026Milestone
TokenBrice publishes 'The Path to the North Star' founder narrative
Long-form post outlining Polaris's three-pillar mission (counterparty-free yield, ETH-correlated yield alternatives, restoring DeFi credibility) and tracing the protocol's lineage to Robert Lauko's bonding-curve research; mainnet timeline still uncommitted.
SourceApr 13, 2026Milestone
'Sustaining the Ecosystem: pETH & pUSD Flows' published
Documents Polaris's autonomous protocol-revenue distribution mechanism routing borrower interest and liquidation flows to pUSD Stability Pool participants by holdings.
SourceJan 27, 2026Announcement
Polaris introduces self-scaling stablecoin operating system
Three-token model (pETH, pUSD, POLAR) with immutable code design and uncorrelated yield from protocol revenues.
SourceImmutable CDP, Yield Included
USDp, the token Polaris's documentation now labels in place of the earlier pUSD name, is Polaris Finance's pre-launch Liquity-style immutable CDP stablecoin on Ethereum, built by co-founders TokenBrice and 0xLuude as what they call the successor to Liquity's ethos: immutable core contracts, no admin keys, and no off-chain assets. USDp is minted against pETH collateral via , and the angle comes from protocol revenue: borrowing interest, swap fees, conversion gains, and DEX fees, rather than from depositing reserves into Aave. The public testnet is live on Sepolia with audits still ahead and no mainnet date set, since the team says it prioritises security over speed, which leaves it time to prove that you can ship immutability without sacrificing usability. For a market saturated with centralized fiat-backed tokens and yield products built on leverage, USDp is a deliberate bet that there's still demand for the Liquity V1 philosophy, upgraded.
Updated
Discover
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pUSD: No Counterparty, No Ceiling
How pUSD delivers counterparty-free yield that scales alongside protocol adoption and the developing ecosystem supporting it.
Polaris Finance Blog
Sustaining the Ecosystem: pETH & pUSD Flows
Polaris replaces emission-based incentives with an autonomous protocol-revenue distribution mechanism that flows to participants based on their asset holdings: no governance-driven allocation, no bribery.
Polaris Finance Blog
The Path to the North Star
TokenBrice traces Polaris's origins from Robert Lauko's bonding-curve research to today's three-pillar mission: counterparty-free yield, ETH-correlated alternatives, and restoring DeFi credibility against a backdrop where only $184.79M of the $338.9B stablecoin supply is non-freezable.
Polaris Finance Blog
USDp - Polaris Documentation
Official reference for the native Polaris dollar: collateral, minimum collateral ratio, and the Earn Vault.
Polaris Docs
Links
Related Stablecoins
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