When I first discovered magical world of DeFi, it felt like the answer to everything unfair. No gatekeepers. Just open, permissionless infrastructure for everyone.
But the more I built, the more I saw how much was broken.
Fragmented liquidity across dozens of chains. Yield that's impossible to discover or compare. Vaults with no standardization. Bridges you pray work correctly. Protocols that launch tokens with zero utility just to extract from their own users.
At Superform, we've spent years trying to fix this from the infrastructure up.
We supported the ERC-4626 foundation to give DeFi a standard for tokenized vaults. We helped build ERC-7540 to bring async redemptions to the table. We built cross-chain infrastructure that abstracts away the chaos of multi-chain DeFi so users don't have to think about what chain they're on or what bridge to trust.
From building on the bleeding edge of what's possible with onchain infra, to creating new user experiences, to pushing new standards forward — the mission has always been the same: make DeFi work the way it was supposed to.
But infrastructure alone isn't enough. Incentive alignment is what actually makes decentralized systems work or break.
That's what
$UP is.
$UP isn't a token launched for the sake of having a token. It's a coordination tool designed to fix the broken incentive layers across DeFi.
One example: SuperVaults Validators. For a permissionless protocol to work correctly, you need a decentralized network of validators executing operations honestly — processing cross-chain deposits, verifying data, settling transactions.
$UP creates the economic stake that keeps validators honest. Upkeep fees, slashing for misbehavior, rewards for doing the right thing. Real utility. Real alignment.
And that's just one use case.
Still a lot is broken. But
$UP is how we start fixing it — together.
$UP is now live, powering Superform, the user-owned neobank.
UP Only.