
- Join points campaign
- Airdrop unconfirmed
- Chain: Ethena
What is Strata?
Strata is a perpetual risk tranching protocol that offers structured products on USDe, Ethena’s synthetic dollar backed by delta-neutral positions on blue-chip crypto assets. The protocol enables investors to customize their risk-return preferences while earning crypto-native returns from carry and basis trades through two distinct risk tranches: Senior and Junior.
Strata’s architecture allows users to access tailored investment strategies while maintaining exposure to the growing USDe ecosystem, positioning itself as a key infrastructure layer for synthetic dollar utilization.
Built with security as a priority, Strata has undergone comprehensive audits by Cyfrin and Quantstamp, ensuring robust smart contract security for its pre-deposit vaults and protocol infrastructure.
Strata has raised $3 million from a range of investors, including Maven 11, Faction, and Halo Capital.
Strata Airdrop Details
Strata Mainnet is now live, and the points program has transitioned from Season 0 to Season 1. Participants can begin depositing assets to earn Strata Points and Ethena Points. The points program tracks contributions across multiple seasons and rewards active community members who support the protocol’s growth through deposits, ecosystem engagement, and referrals.
Latest Update: Strata enters Epoch 2 of Season 1, marking its evolution from an Ethena-focused deployment into a generalized risk-tranching protocol, delivering structured yield products on diverse on-chain and off-chain yield strategies. Epoch 2 began on January 1st and runs through April 2026, concluding with the highly anticipated $STRATA token launch.
Strata Mainnet Launch and Season 1 Campaign
How to Participate
- Visit the Strata app
- Connect your wallet to the platform
- Select the amount of USDe, sUSDe, or pUSDe you want to deposit
- You can purchase USDe on Binance and bridge it to Ethereum using the bridge widget below for the best rates
- Mint Strata assets by choosing either:
- Senior USDe (srUSDe)
- Junior USDe (jrUSDe)
Swap and bridge across 30+ chains without leaving this page.
Fast routes, low fees.
Opens an interactive bridge widget
Rewards Structure
Holding srUSDe or jrUSDe will earn you:
- Strata Points
- Ethena Points
- Native APY from the underlying assets
- Earn 5x Strata Points + 5x Fusion Points on the new Strata srUSDe PT Looping Vault
Pendle Partnership
A new Pendle partnership has launched simultaneously with the mainnet, featuring the following markets:
- PT/YT-srUSDe-JAN15
- PT/YT-jrUSDe-JAN15
Note for PT-pUSDe-OCT16 holders: You can migrate your positions directly through the Pendle UI.
Referral Program
- Share your referral link to earn 10% of the total Strata Points earned by your referrals
- Your referrals receive a 10% boost on their Strata Points
How to Participate in Strata Season 0 Points Program (Ended)
Frequently Asked Questions
Conclusion
The Strata Season 0 Points Program presents an opportunity for early users to engage with a new structured DeFi protocol while potentially earning rewards for their participation.
The program’s focus on USDe integration, combined with extensive DeFi composability, creates multiple avenues for reward optimization.
Success in the program requires understanding the protocol’s risk tranching mechanisms, staying informed about new partner integrations, and maintaining active participation throughout Season 0.
While the ultimate value of Strata Points remains uncertain, early participation in well-audited DeFi protocols has historically provided benefits to committed community members.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
Funding
$3M
Overview
- Website: strata.money
- Ticker: STRATA
- Documentation: Visit now
- X (Formerly Twitter):
- Telegram Group:
- Discord Chat:
- Blog:


