Solomon USDv (Legacy) (USDV) stablecoin analytics
Answer First
What is Solomon USDv (Legacy) (USDV)?
USDV is Solomon Labs's synthetic dollar on Solana backed by Ceffu-custodied delta-neutral perp margin, with no permissionless public redemption rail. The static profile records its US Dollar peg mechanism as: USDv targets $1 through Solomon-managed strategy collateral, market liquidity, and approved/whitelisted participant redemption into USDC against a small documented protocol reserve buffer; no permissionless public holder redemption rail...
Is USDV safe?
Pharos does not assess USDV as safe: it holds an F Safety Score grade (37/100) in the latest published rating, which flags significant structural risk. Static metadata says Solomon USDv (Legacy) uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Self-Reported PoR from Solomon legacy protocol-data API: issuer-reported Ceffu strategy and reserve components, with a material portion of protocol TVL unmapped. Replacement USDv reserve documentation does not establish the backing of this legacy mint.; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Solomon USDv (Legacy) (USDV) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 15, 2026
Solomon's USDv is a Solana synthetic dollar backed by Ceffu-custodied spot crypto hedged with Binance inverse perpetuals, a delta-neutral basis trade run by Solomon Labs. The issuer announced a wind-down on August 28: legacy front-end support ends October 16, 2026, with an October 9 sUSDv unstaking-request deadline. The original token remains transferable during the exit period and does not automatically convert into the replacement USDv. The token supply is easy to validate on-chain, and Solomon now publishes a...
AI summary · drafted by gpt-6-astra · facts as of Sep 7, 2026
Sources: Legacy USDv wind-down announcement (August 28, 2026) and Legacy Ceffu aggregate attestation (April 2026)
- Collateral
- Ceffu-custodied strategy assets and off-exchange delta-neutral margin used by Solomon Labs to back USDv
- Peg Mechanism
- USDv targets $1 through Solomon-managed strategy collateral, market liquidity, and approved/whitelisted participant redemption into USDC against a small documented protocol reserve buffer; no permissionless public holder redemption rail is disclosed
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Self-Reported PoR by Solomon legacy protocol-data API: issuer-reported Ceffu strategy and reserve components, with a material portion of protocol TVL unmapped. Replacement USDv reserve documentation does not establish the backing of this legacy mint. Reserve source
- Contracts
- 1 deployment tracked across Solana.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdv-solomon
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 15, 2026.
USDV quick answers
What is Solomon USDv (Legacy) (USDV)?
USDV is Solomon Labs's synthetic dollar on Solana backed by Ceffu-custodied delta-neutral perp margin, with no permissionless public redemption rail. The static profile records its US Dollar peg mechanism as: USDv targets $1 through Solomon-managed strategy collateral, market liquidity, and approved/whitelisted participant redemption into USDC against a small documented protocol reserve buffer; no permissionless public holder redemption rail...
Is USDV safe?
Pharos does not assess USDV as safe: it holds an F Safety Score grade (37/100) in the latest published rating, which flags significant structural risk. Static metadata says Solomon USDv (Legacy) uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Self-Reported PoR from Solomon legacy protocol-data API: issuer-reported Ceffu strategy and reserve components, with a material portion of protocol TVL unmapped. Replacement USDv reserve documentation does not establish the backing of this legacy mint.; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs USDV?
Pharos classifies USDV backing as Crypto-Collateralized. Collateral, per the static profile: Ceffu-custodied strategy assets and off-exchange delta-neutral margin used by Solomon Labs to back USDv Reserve evidence: Self-Reported PoR from Solomon legacy protocol-data API: issuer-reported Ceffu strategy and reserve components, with a material portion of protocol TVL unmapped. Replacement USDv reserve documentation does not establish the backing of this legacy mint..
Can USDV be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for USDV, when applicable, appear in the dossier below.
