DeFi
Midas and Ethena Labs Launch $100M Tokenized Stablecoin Yield Vault
New mWildUSD vault, built on Plasma blockchain, offers early access to stablecoin yield strategies with a two-month lock-up period.
September 25, 2025
Companies mentioned:
Midas has introduced mWildUSD, a pre-deposit vault for a tokenized certificate referencing stablecoin yield strategies.
The vault, capped at $100 million, was developed in partnership with Wildcat.fi, Plasma Foundation, and Ethena Labs.
Deposits are locked for two months, and the product is not available to individuals or entities in the US, UK, or sanctioned jurisdictions.
Midas, in partnership with Wildcat.fi, Plasma Foundation, and Ethena Labs, has launched mWildUSD, a pre-deposit vault offering tokenized certificates for stablecoin yield strategies. The vault operates on the Plasma blockchain and is designed to provide users with early access to these developing yield opportunities.
The initiative is capped at a total value of $100 million. All deposits into the mWildUSD vault will be locked for a period of two months. This structure signals a strategy to secure initial liquidity and stability for the new tokenized asset.
Midas has issued a disclaimer that its tokens, including mWildUSD, are not available to persons or entities in the United States, United Kingdom, or other sanctioned jurisdictions. The firm also clarified that the announcement does not constitute investment advice and that past performance does not guarantee future returns.
Read More:
https://midas.app/mwildusd
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