Superform’s mission is to empower people to manage their wealth on transparent, open, onchain rails. Anyone can save, swap, send, and earn the best returns in a single tap while keeping full control of their assets. For issuers and partners, Superform solves the supply-side challenge by providing standardized infrastructure to launch, manage, and scale products that can reach users worldwide from day one.
Executive Summary
Superform is building the user-owned neobank, a unified savings and yield platform accessible across desktop, iOS, and Android. At its core, Superform abstracts chains, protocols, and yield sources into three pillars:
- Simple, self-custodied access to best-in-class DeFi opportunities
- Permissionless infrastructure for issuers, treasuries, and builders
- Decentralized governance of the neobank and its products through the $UP token
Through ERC-7579 smart accounts, hook-based execution, chain-abstracted deposits, structured earn products (SuperVaults), omnichain savings assets (SuperAssets), and native iOS/Android interfaces, Superform enables any user, retail or institutional, to save, swap, send, spend, and earn across chains with a single, intuitive experience.
Market Overview
Over the last decade, users have come to expect global access, mobile-first design, and instant liquidity across every financial product. Traditional finance cannot meet this demand due to fragmented rails, intermediated distribution, and outdated infrastructure. Fintech improved interfaces, but not the core. Onchain finance provides the backend the world has been waiting for but onboarding friction, poor discovery, and multi-step execution have limited adoption.
Superform closes this gap by becoming both the unified account and execution layer for users, and the standardized distribution layer for issuers. This dual role positions Superform as the connective tissue between global savings demand and scalable onchain yield.
Why Now
Several macro forces are converging to make the shift toward user-owned financial infrastructure one of the largest opportunities in technology:
- Stablecoins have become the first global internet-native money layer. Nearly $300B in supply with demand for utility on those stablecoins higher than ever. In 2024, 20% of stablecoins were earning yield, but now less than 8% are.
- Fintech has normalized sovereign control. Apps like Coinbase, Robinhood, Cash App, Revolut, and countless stablecoin banking apps have trained users to manage money independently.
- Custodial failures of fintechs have permanently shifted user trust models. FTX, Celsius, Genesis, BlockFi — users want and need control.
- UX abstraction is now technically possible. ERC-7579, ERC-4337, bundlers, intents, and modular smart accounts make multi-chain execution seamless.
- Regulatory clarity increasingly favors non-custodial architecture. MiCA, Korea VASP, and U.S. trends around market structure converge on custody-risk differentiation.
For the first time, user expectations, regulatory alignment, and technical feasibility make a user-owned neobank not only possible but inevitable.
Market Size
Global consumer financial services and wealth management exceed $200T in assets and stablecoins represent the fastest-growing segment of this market. Capturing even 0.5–1% of global savings demand represents $1–$2T of assets migrating to transparent, internet-native rails. Superform’s goal is to become the default interface for users, and the default distribution standard for issuers, unlocking a massive, long-term marketplace for yield and savings.
Current Challenges
Despite strong structural demand, onchain finance remains difficult for everyday users and inefficient for issuers:
- Fragmented UX: Yield opportunities, bridges, DEXs, and L2s each require separate steps and wallet actions.
- Liquidity Silos: Each chain or vault operates independently, making capital inefficient.
- No Standardized Yield Layer: Issuers need to rebuild deposits, withdrawals, and incentives every time they expand to a new chain.
- Custodial Entrenchment: Large platforms still rely on opaque, permissioned backend systems.
- Regulatory Differentiation: As compliance frameworks mature (MiCA, Korea VASP, Singapore PSA), scalable non-custodial architectures become more favorable long-term.
Superform solves these problems by unifying yield, UX, and incentives into a single, chain-agnostic protocol.
The Superform Platform
The Superform platform is built as a unified web and mobile application, powered by the Superform Protocol. The Superform Protocol is an ERC-7579 smart account system that enables hook-based execution for depositing, swapping, bridging, and transaction bundling. Additionally SuperVaults and SuperAssets, Superform’s structured earn products, deliver optimized access to yield across major blockchains.
The $UP token coordinates protocol behavior, incentives, and decentralization. Together, these components form a scalable and user-owned neobank designed to make onchain money simple, globally accessible, and rewarding.
- Superform Web & Mobile App: a native and easy-to-use web, iOS, and Android mobile app to access the Superform Protocol, a permissionless access layer for blockchain products.
- SuperVaults: permissionlessly creatable, decentralized vaults secured by a validator network that can execute infinitely flexible strategies supporting deterministic PPS, management, and performance fees.
- SuperAssets: omnichain savings tokens (e.g., SuperUSD) that aggregate positions across many SuperVaults and chains, with oracle-driven circuit breakers and a programmatic incentive layer to rebalance and provide stability.
- $UP / sUP: $UP is the coordination asset. Staked $UP (sUP) is the governance vault token that confers proposal/voting rights and access to governance-approved economic levers. No dividends, equity, or revenue rights are promised or administered; any market operations (including potential token purchases by the treasury) are discretionary, subject to on-chain governance, and may be used alongside alternative budgeted sinks such as protocol-owned liquidity, insurance, security, and growth programs.
Technology Overview
Superform is built as decentralized financial infrastructure designed to eliminate trusted intermediaries and central points of failure while providing institutional-grade usability. The protocol is divided into two layers: Core and Periphery.
- Superform Core consists of modular ERC-7579 smart accounts and hooks. These accounts use no upgradeable proxies and rely on cryptographic merkle proofs rather than admin keys, enabling single-signature multi-chain execution through ERC-4337 UserOperations. This ensures full self-custody without sacrificing flexibility.
- Superform Periphery consists of SuperVaults, SuperAssets, and token management systems. These components impose decentralized checks and balances through validator networks and governance, creating a transparent and permissionless alternative to centralized or semi-centralized asset management platforms.
Smart Accounts & Hooks
Superform’s ERC-7579 modular smart accounts allow users to self-custody assets and interact with any DeFi protocol from a single interface. Installable modules, such as SuperExecutor and SuperValidator, enforce atomic hook execution validated by merkle proofs. The SuperBundler constructs ERC-4337 UserOperations anchored to a single merkle root, enabling efficient multi-chain transactions in one signature. Developers and strategists can deploy new hooks, execute actions, and propose voluntary pull-based module updates, creating a permanent and extensible infrastructure layer for arbitrary onchain actions.
SuperVaults (ERC-7540)
SuperVaults are Superform’s core yield primitive, designed to resolve the “vault trilemma” of security, flexibility, and usability. Unlike gas-heavy vaults with rigid logic or opaque off-chain managed products, SuperVaults provide both transparency and strategic flexibility. This architecture allows professional managers to deploy sophisticated strategies, from simple lending loops to cross-chain arbitrage, while depositors receive transparent PPS guarantees, deterministic fees, and enforceable withdrawal rights.
Validator-Secured Pricing: Decentralized validator sets staking $UP attest to price-per-share data via aggregated ECDSA signatures. Quorum rules prevent manipulation, and automatic pauses occur if PPS deviations exceed thresholds. Validators face slashing for incorrect or missing attestations.
Economic Security: Strategists must maintain $UP upkeep balances proportional to managed assets. Vaults pause automatically if upkeep balances fall, ensuring sustainability. Abandoned vaults can be taken over, and emergency withdrawal mechanisms protect depositors during critical failures.
SuperAssets
SuperAssets extend the vault system into programmable ERC-20 baskets (e.g., SuperUSD) that automatically diversify and rebalance across constituent SuperVaults. Unlike static index tokens, SuperAssets employ dynamic weight adjustments based on governance-set parameters such as yield performance, risk metrics, and market conditions.
Dual Circuit Breakers: Velocity-based and deviation-based circuit breakers halt rebalancing during periods of extreme volatility, protecting depositors from correlation breakdowns or abnormal market behavior.
Automated Incentive Management: SuperAssets coordinate the efficient rebalancing of assets around certain parameters by incentivizing users to supply assets on a dynamic incentive curve.
$UP and sUP
$UP is the coordination and utility asset of the Superform Protocol. Its primary functions are:
- Strategist Upkeep Funding: Strategists pre-fund $UP balances to sustain operations. Upkeep is deducted automatically, and vaults pause if balances fall below governance-set thresholds.
- Validator Bonding: Validators will be required to post $UP bonds, subject to slashing for unavailability, invalid attestations, or manipulation attempts. Bonds will use governance-reviewable challenge/appeal processes with unbonding periods.
Unlike governance tokens promising unsustainable yield distribution, $UP derives value from operational necessity and ecosystem participation. Normal operations, strategist upkeep, and slashing penalties all consume $UP, creating ongoing burn pressure tied to platform usage.
Staked $UP (sUP) is the governance vault token that confers proposal/voting rights and access to governance-approved economic levers. Key domains include:
- Economic: Protocol parameters around activity, validator rewards, upkeep rules
- Utility: Hook and strategist allowlists, validator SuperAsset weights and listings
sUP governance employs timelocks for all parameter changes (48h–7d depending on severity) and a guardian council with narrowly scoped pause powers. Delegation is supported through native mechanisms, with transparent disclosure of delegate voting activity.
Decentralization Roadmap:
- Phase 1: Protocol v2 launch with strategist upkeep and Apache-2.0 licensing.
- Phase 2: Permissionless validator staking, modular oracle adapters, and broader SuperVault coverage.
- Phase 3: Fully open bundler framework with third-party participation governed by sUP, subject to onchain performance and security criteria.
Team & Investors
Core Team Expertise
- Vikram Arun, Co-Founder – Previously Co-managed BlockTower Capital DeFi Fund; Raymond James; ERC-7540 co-author
- Blake Richardson, Co-Founder – Previously Co-managed BlockTower Capital DeFi Fund; ERC-4626 Alliance
- Alex Cort, Co-Founder – Previously Product at Microsoft
- 0xTimePunk, Head of Engineering – Previously at Spectral; ERC-7540 co-author
- 0xCrouton, Head of Ecosystem, Previously at LayerZero
- z33, Design Lead – Previously at Mantle
Platform Economics
Revenue Model
Superform Protocol revenue streams come from:
- Performance fees on earn products (10-20% on yield earned)
- Volume-based revenue on swap & bridge (0.05% per transaction)
- Mobile interchange fees (1.5% per dollar spent)
- Referral and API Fees (Variable based on deals with partners)
Revenue is projected to scale rapidly as the product footprint expands across desktop and mobile channels.
Token Flywheel
$UP is designed around a usage-driven demand cycle that strengthens as the platform grows. As deposits grow across SuperVaults and SuperAssets, strategist execution and validator attestations increase, consuming upkeep and raising the amount of $UP required for validation. Stronger SuperAssets attract more users, deepening liquidity and expanding AUM, which further amplifies strategist and validator demand. This creates a self-reinforcing cycle where platform usage naturally drives sustained demand for $UP, guided and optimized through sUP governance.
Development Roadmap
Complete:
- 2024: Superform & SuperVaults v1 Launch
- Oct 2025: Superform v2 Web App Launch & Upgrade Campaign Launch
Upcoming:
- Dec 2025: SuperVaults Pre-Deposit & Mainnet Launch, Legion Community Sale, Superform iOS Launch
- 2026: Android Launch, Superform Card, SuperAssets, Borrowing, New Chain Launches
Risk Considerations
The continued evolution of the Superform introduces several strategic considerations that center on adoption, technical scalability, and market dynamics.
The path to mass adoption remains the central challenge Superform aims to solve. Although demand for transparent, non-custodial investment infrastructure is growing, the pace and shape of that adoption can vary significantly across user segments. Retail users, institutional participants, and ecosystem partners each progress along different learning curves and operate with different expectations for UX, liquidity, and reliability. Competing protocols, particularly those with large treasuries or entrenched communities, will intensify efforts to capture the same audience. Superform’s long-term success will depend on its ability to differentiate on product quality and build a resilient network of depositors, issuers, and builders.
Technical complexity presents an equally important consideration. Delivering a unified yield and asset orchestration layer across multiple chains demands continuous refinement of the underlying architecture from smart-contract reliability and cross-chain coordination to RPC redundancy, indexing, and vault execution systems. As the protocol supports more strategies and expands into additional networks, the engineering burden naturally increases. Even with a capable and experienced team, maintaining seamless performance under growing load, ensuring compatibility across heterogeneous chains, and preserving security during upgrades will remain demanding as the platform scales.
Market dynamics create another set of structural risks. UP’s value, like that of most freely traded crypto-assets, is shaped by demand, market perception, liquidity conditions, and broader macro trends. Periods of low trading activity can result in reduced liquidity or meaningful price slippage, while market stress can amplify volatility around key events. Shifts in the competitive landscape such as the emergence of more aggressive incentive programs, new financial primitives, or alternative yield markets may influence user preferences and redirect capital flows away from the Superform ecosystem. The protocol must therefore continue innovating to remain relevant within a fast-moving and highly cyclical market.
Taken together, these adoption, technical, and market factors illustrate the realities of building an open, non-custodial financial platform. Superform’s ability to navigate them through strong ecosystem relationships, robust engineering practices, and sustained product leadership will play a defining role in its long-term trajectory.
Conclusion
The future of finance is onchain, transparent, and non-custodial. As stablecoin adoption accelerates and users demand control, portability, and yield, Superform is positioned to become the foundational layer for how people save, invest, and manage their wealth globally. Through a unified architecture, decentralized coordination via $UP, and seamless mobile-first experiences, Superform aims to deliver the world’s first truly user-owned neobank.
Disclaimer: UP is a coordination token for the Superform protocol. It has no intrinsic economic value and does not represent ownership, equity, or any right to profits, revenue, or assets of Superform or any related entity. Staking UP serves to govern protocol operations and may involve loss; it is not designed or intended to generate income or returns. Any references to “ownership,” “value,” or “growth” in this document are descriptive of community participation and do not imply economic return or appreciation of value. Superform is not a bank, trust company, or money transmitter, and references to ownership are metaphorical, describing decentralized participation rather than legal ownership or deposit services. Nothing here is financial, investment, legal, or tax advice. Using the protocol involves risk of loss and is done at your own discretion and responsibility. Neither Superform nor any developer, foundation, affiliate, or contributor assumes any responsibility for losses arising from the use of or reliance on the Protocol or this document. The information provided is for educational purposes only and does not constitute an offer or solicitation to buy or sell securities or other regulated products. Use or distribution of UP may be restricted by law in some jurisdictions.