Superform Labs, New York, NY — July 2nd, 2026
Back in April we said that Q2 would be about scaling SuperVaults. We laid the foundation for that growth this quarter with the launch of SuperformOS. The first third-party vaults operated on SuperformOS launched in June, offering 14% on USDT0 and 3% on FXRP, with multiple other exciting vaults in the pipeline.
Shipping a differentiated product here that will stand the test of time was a massive undertaking that took all of our efforts this quarter. The focus is now on distribution of these products.
To help do so the Superform iOS App launched in every EU country along with Superform Swap and global distribution of the $UP token. Superform Swap is the easiest way to trade onchain and we will soon enable access to traditional markets directly within the app, available in a non-custodial fashion for everyone in the world to access.
In Q3 our priorities boil down to two things: distribution and conversion. Superform has the products people want to access distributed via easy to use and globally accessible surfaces. There will be a perpetual effort to expand the potential user base by launching more currencies to onramp, more vaults to earn on, deploy on more chains, and more assets to trade. In parallel Superform will work aggressively to convert users via paid media, social campaigns, and referral programs.
Quick Highlights:
- Launched SuperformOS
- Bizantine Labs launched two new SuperVaults as the first curator: bizFXRP & bizUSDT0 on Flare
- Launched iOS app in the entire EU
- Android App in beta with full launch preparations underway
- Shipped Superform Swap
- BlockWorks B1-filing with perfect 40/40 transparency score
- Upbit, Bithumb, and Bitget listed the $UP Token
- The $UP token hit an ATH in May
Product Highlights
SuperformOS
The biggest product milestone of Q2 was SuperformOS, the operating system for programmable vaults.
The industry uses the term non-custodial too loosely and as DeFi moves further away from its original principles, SuperformOS brings back a real decentralized primitive for onchain earn. It makes the full strategy stack verifiable beyond the vault contract itself, including rules, data sources, automations, and pricing.
It turns SuperVaults from individual yield products into a platform where curators, issuers, agents, protocols, and networks can launch risk-managed onchain strategies.
SuperformOS introduces and advances the space with:
- Permissionless vault creation and operator browsing
- Public SuperVault pages and distribution surfaces
- Configurable strategy logic and automation
- Yield-source and hook infrastructure
- Dual-Merkle allowlists and bounded execution
- Timelock-gated changes
- ERC-4626, ERC-7540, and Pendle PT support
- Validator and oracle-backed NAV / PPS updates
- Emergency liquidity exits and response paths
- Manager, curator, and operator controls
Learn more about SuperformOS:
iOS Expansion, Android, and Superform Swap
The Superform iOS app expanded to all of the EU in Q2.
The Superform Android Beta went live in May. The early feedback has been invaluable and the parity and feel between the iOS app and Android app are nearly 1:1, with the same premium look, feel, and features. Extra time and attention was spent ensuring the app would work not just on flagship Android devices but on low budget devices as well. The release candidate is currently in review and will be released in the coming weeks in the US, EU, Canada, and Australia.
Superform shipped Superform Swap, an abstracted onchain trading experience that allows users to fund trades with an arbitrary number of input tokens on an arbitrary number of chains. There is nothing else like it on the market.
Together, these launches bring the app closer to the consumer experience users expect: integrated, globally available, and easy to use.
Launching USDT0 and XRP yield on Flare Network
The first externally curated vaults to launch on SuperformOS are now live on Flare Network.
Every Superform user can get 13.5%+ yield on USDT0 through a transparent strategy curated by Bizantine Labs that allocates primarily into Mystic Core USDT0 lending and earns WFLR rewards.
XRP is one of the largest global crypto assets, but most holders are simply holding it passively in their portfolio. Through the new FXRP SuperVault on Flare, XRP holders can now turn their passive holdings into actively earning positions.
Community Highlights
Governance
Since TGE, the community has voted on eight SIPs covering fee routing, sUP staking, depositor incentives, creator rewards, institutional SuperVault incentives, validator bonding, and revenue-aligned sUP rewards.
Q2 brought about the introduction of validators and the first real governance cycle for Superform.
SIP-6 established a 1,000,000 sUP minimum bond for new SuperVault validators.
SIP-7 proposed setting a 20% target APY for sUP rewards. The community rejected it.
SIP-8 then incorporated feedback and passed with near-unanimous support, moving sUP rewards toward a revenue-backed base reward plus upside model, with a 7-day cooldown.
This is what healthy governance looks like: proposals, debate, rejection when necessary, iteration, and better protocol parameters through tokenholder participation.
Governance has matured Superform into stronger long-term alignment: Protocol fees are routed to sUP, incentives are paid in sUP, validators bond with sUP, and emissions are increasingly linked to SuperVault growth and protocol revenue.
The FTB Club
The FTB Club’s first season started in Q2 which incentivized user generated content, governance participation and quest competitions with FTB Points. FTB Points qualify users for their share of 150,000 UP each quarter. 192 participants earned 71,084 total FTB Points. Four quests were launched this quarter including quests for the Base App and Superform Swap. The first quest for Q3 is already announced: Deposit into Flare Network.
Looking into Q3
The vision is clearer than ever: anyone should be able to open Superform, buy an asset, and put it to work through transparent onchain financial products. Stablecoins should earn. XRP should earn. Tokenized stocks and global assets should earn. Buy and earn on anything.
Onward and UPward.