Superform Labs, New York, NY — October 5th, 2026
Today, Earn Stocks begin rolling out across all seven Mag 7 SuperStocks, beginning with superNVDA. During pre-deposit, superNVDA attracted nearly 10% of all NVDAc issued on Base.
Last year Superform published The Superform Thesis to explain the technical foundation for moving and managing assets across fragmented chains, protocols, and interfaces. This post is its direct complement, detailing the financial business that foundation now lets us build.
The Financial System Above Tokenization
Tokenization has already brought billions of dollars of assets onchain. But issuance alone does not create demand or explain why these assets win onchain.
The enduring businesses are built after issuance: in the products investors want, the operations that keep those products running, and the distribution that gets them into investors’ hands.
That is why Superform was built. For the first time in history, technology makes it possible to do all of the above.
SuperStocks are operated in a programmable, automated, and rule-based fashion on SuperformOS, where each new SuperStock can build on the same operating and distribution stack instead of starting from zero. It provides an instant path to users worldwide through the Superform App and partner integrations that distribute them.
Earn Stocks: How carry works
As each strategy activates, eligible users can deposit the corresponding Coinbase Tokenized Stock into its SuperStock. The SuperStock posts that asset as collateral in Aave V4’s Coinbase Stock Hub on Base and borrows USDC.
As markets mature, individual SuperStocks can approve additional borrowing venues, including markets on Morpho or Euler, through SuperformOS. Borrowed USDC is supplied only to approved lending markets. The initial destination is the Clearstar cbAssets Vault on Morpho.
Capital is deployed only when expected economics clear the Aave borrowing cost, fees, operating and execution costs, liquidity needs, and a risk buffer defined under public, rule-based conditions in SuperformOS. If the numbers do not clear that hurdle, the USDC is not deployed.
SuperformOS handles LTV, debt, accounting, monitoring, repayment, redemption, and unwind. Its DeFIX intent language expresses the permitted actions behind that execution.
SuperStocks charge a 20% performance fee. The revenue is routed through SuperBank and governance-approved hooks can convert that revenue into $UP.
For eligible users:
For issuers and distributors, view our integration docs here.
What comes next
Earn stocks are the building blocks for the next era of investing in the same way yield-bearing stablecoins were for DeFi adoption.
The same asset can support carry, lending, liquidity, and structured payoffs. Those stock-level products can then become building blocks for indexes, rule-based portfolios, and structured products.
We look forward to building better finance, enabled by decentralization, with you.
Earn Stocks is available only to eligible users in permitted jurisdictions. Returns are variable and subject to borrowing-rate, liquidity, market, oracle, smart-contract, and liquidation risk. This release is for informational purposes only and is not investment advice.