System Components

  • kUSD stable token — SPL on Solana; ERC‑4626 on EVM and BNB Chain.

  • Controller Router — entry point that orchestrates mint, burn, lock, unlock, redeem, and Safety Buffer actions.

  • Perp Yield Vault (Drift‑style Solana program) — manages strategy sleeves, positions, NAV, exchange rate, and cooldown queues.

  • BEP/ERC‑4626 Vault (EVM contract) — deposit asset is kUSD with NAV per share driven by proof-of-reserve oracle marks.

  • Oracle Layer — asset prices and NAV feeds with freshness and deviation controls. Powered by Pyth / Chainlink.

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