Xphere × Xeffy · RWA yield

Real-world asset yield,
built like infrastructure.

Xphere is a Layer-1 blockchain for Real-World Assets. Xeffy builds institutional-grade yield on top of it, starting with the XAX Vault, a market-neutral USDT vault that compounds on-chain, with nothing to claim.

  • Live on Ethereum
  • ERC-4626 · XAUSD
  • Built on Xphere L1
app.xax.tradingLive
XAX Vault
USDT → XAUSD · ERC-4626 · Ethereum
as of Jul 2026
Trailing APY
0.00%
Price / share
$0.00000
Vault TVL
$51.81K
Deposit
USDT
Delta
~0
Yield compounds on-chain, no manual claiming
18.57%
Trailing APY

as of Jul 2026

$51.81K
Vault TVL

and growing

~1s
L1 finality

Xphere mainnet

20%
Performance fee

on profit only

The stack

One ecosystem, three layers that fit together

Xphere doesn't just ship a chain. It funds the apps that make the chain useful. Read it bottom-up: a Layer-1 built for real assets, a protocol that turns it into yield, and products anyone can open today.

Applications

Products people actually use

XAX Vault
Market-neutral yield · live
Faiyah
Staking & DeFi terminal · live
USDX stablecoin
On-chain dollar · live
Protocol

Xeffy, the RWA & yield layer

Institutional-grade strategies
Delta-neutral engine
RWA infrastructure
Tokenized real assets
Foundation

Xphere, the Layer-1

Dual-chain L1 · ~1s finality
PoW + XPBFT · EVM · XP
The foundation · Xphere L1

A Layer-1 tuned for real-world assets

Xphere is a high-performance blockchain with a dual-chain design. Proof-of-Work secures validator selection while an optimized PBFT committee finalises blocks, giving it fast settlement and the throughput that asset-heavy apps need.

PROOF CHAINxpHash Proof-of-WorkMAIN CHAINOptimized PBFTFINAL~1s
PoW + XPBFT

Dual-chain architecture

A Proof Chain selects validators with xpHash Proof-of-Work, while a Main Chain finalises transactions with an optimized PBFT committee. Xphere brands this as PoW + XPBFT.

~1s

~1-second finality

Blocks settle in roughly one second, so on-chain asset transfers feel real-time rather than pending.

≤4,000 TPS

High throughput

The Main Chain is documented at up to 4,000 TPS in the whitepaper (the marketing site advertises 5,000+), enough headroom for asset-heavy applications.

EVM + XP

EVM compatible

Full Solidity + EVM support with MetaMask, Hardhat and Truffle, plus a cross-chain bridge to Ethereum, so existing tooling ports straight over.

Read the Xphere whitepaperXPBFT is Xphere's branding for its optimized-PBFT main chain · TPS shown as documented max
The idea · Real-World Assets

Bringing real assets on-chain, in a form people can actually use

RWA means tokenizing real-world things like real estate, bonds, commodities, invoices and funds, so they live on a blockchain. That unlocks ownership, movement and access that traditional finance makes hard.

What gets tokenized
Real estateBondsCommoditiesInvoicesFunds
Traditional

Whole units, market hours, slow settlement, gated access.

On Xphere

Fractional, 24/7, ~1s settlement, open to anyone.

Tokenize real assets

Real estate, bonds, commodities, invoices and funds become on-chain tokens with transparent ownership.

Own a fraction

Assets that used to need whole-unit capital can be split, so smaller holders can participate.

Trade around the clock

There is no market open or close. Tokenized assets settle and move 24/7, unlike traditional rails.

On-chain liquidity

Positions live in composable contracts, so value can flow between apps instead of sitting locked.

The product · XAX Vault

Deposit USDT. The vault does the rest.

The XAX Vault is Xeffy's flagship product: a market-neutral yield vault, live on Ethereum. You deposit once, and strategies and compounding run on-chain from there.

How it works
01

Deposit USDT

You send USDT into the XAX Vault. Deposits are the only thing you do by hand.

02

Receive XAUSD

The vault mints XAUSD, an ERC-4626 share token that represents your slice of the pool.

03

Strategies run

Capital is deployed into market-neutral strategies (liquidity farming, funding-rate & basis arbitrage, and RWA trading), with delta kept near zero.

04

Price per share compounds

Profit lifts the Price Per Share, so your XAUSD is worth more over time. Nothing to claim; yield compounds on-chain.

Where the yield comes from

Market-neutral, so returns come from spreads, not price bets

Exposure is hedged to keep delta near zero. The vault earns from fees, funding rates and arbitrage across venues, aiming to generate real yield whether the market is up or down.

Strategy details in the docs

On-chain liquidity farming

Providing liquidity across on-chain venues to earn fees and incentives, hedged to stay market-neutral.

Funding-rate & basis arbitrage

Capturing the spread between spot and perpetual/futures markets and funding-rate imbalances.

RWA trading

Systematic strategies around tokenized real-world assets, including RWA stock exposure.

Real-time delta hedging

Positions are continuously neutralised so returns come from spreads and fees, not price direction.

Fees & alignment

Fees only on profit, and half of them buy back and burn XEF

The vault charges nothing on your principal. It takes a share of the yield it earns, and routes half of that back into the ecosystem token.

Performance fee20%

Charged only on net profit the vault generates, never on your principal.

To buyback & burn50%

Half of the performance fee funds a recurring XEF buyback and burn.

Instant redeem0.1%

Withdraw immediately for a small fee, or wait the standard window for free.

Standard redeem0%

No fee on standard redemptions after the 7-day window.

Value flow
Vault earns net profit
20% performance fee
50% → XEF buyback & burn

Recurring buyback-and-burn ties vault performance to the XEF token: as the vault earns, supply is bought back and removed.

The terminal · Faiyah

Where XP and XEF get put to work

Faiyah is the DeFi terminal on Xphere mainnet. Its most-used module is staking: lock XEF or XP for a fixed term and earn protocol yield, alongside swaps, burn-and-earn and a launchpad. Gas is paid in XP.

Staking
Lock XEF / XP for protocol yield
P2P Swap
Peer-to-peer token swaps
Burn & Earn
Deflationary mechanics
Launchpad
New ecosystem tokens
Open Faiyah staking
Where it's heading

From a single live vault to a full RWA platform

Xeffy has moved quickly. A live vault, a live XEF token and a launched USDX stablecoin already ship today, with a deeper RWA platform and an external audit up next.

  1. Live

    XAX Vault on Ethereum

    The market-neutral USDT vault is deployed and running on Ethereum, with XAUSD as its ERC-4626 share token.

  2. Live

    XEF token & Faiyah staking

    The XEF token generation event is complete. XEF is live and can be staked alongside XP on Faiyah, Xphere's DeFi terminal.

  3. Live

    USDX stablecoin

    Xeffy's USDX stablecoin has launched, giving the RWA platform an on-chain dollar unit to build on.

  4. Next

    Broader RWA platform, audit & payments

    A deeper real-world-asset platform, an external security audit and payment financing, adding utility across the Xphere network.

Questions

The essentials, answered

  • It is Xeffy's flagship product: a market-neutral yield vault. You deposit USDT and the vault runs delta-neutral strategies (liquidity farming, funding-rate and basis arbitrage, and RWA trading), aiming to earn yield without betting on price direction.

Start here

Real yield on real-world assets, live today

Open the XAX Vault to see the current price per share, or dig into the docs to understand the strategies before you deposit.