Superform's Successful UP Token Sale Fuels Launch of SuperVaults v2

Superform Labs has successfully completed a $4.7 million public token sale, exceeding its initial target and coinciding with the mainnet launch of its new platform, SuperVaults v2. This update promises self-custodial on-chain yield benefits for 180,000 users.

Key Takeaways

Superform Labs raised $4.7 million in a recent token sale, more than double its initial target.
The token sale and the launch of SuperVaults v2 prioritize existing users and community members, with a focus on verified contributors.
SuperVaults v2 offers transparent, self-custodial on-chain yield management.
The new platform integrates variable lending rates and fixed-term Pendle positions into an automated strategy.
Future product developments are planned for early 2026, including enhancements for mobile and wider blockchain support.

Superform SuperVaults v2 onchain yield dashboard interface.

Main Content

Superform Labs announced on Thursday that it has successfully completed a public token sale, raising an impressive $4.7 million in commitments, which is more than double its original target, according to the company.

Overview of the UP Token Sale

The token sale was held on Cookie.fun, a platform developed by Legion, and coincided with the launch of SuperVaults v2, the company’s improved yield-generating product for cryptocurrency enthusiasts. The considerable interest generated by the token sale stemmed from the active participation of Superform’s 180,000 reported users. To prioritize real contributors, the sale structure offered early access to verified users and community members.

“Conducting our sale on Cookie enabled us to focus on the robust community of 180,000 individuals who actively use Superform,” stated Vikram Arun, CEO and Co-Founder of Superform Labs. “It’s important to reward real users rather than speculative investors, and Cookie’s model made that possible.”

Launch of SuperVaults v2

According to the company, SuperVaults v2 officially launched on the mainnet on Thursday, with pre-deposits already established. This product serves as a fully transparent and self-custodial platform, ensuring that all transactions and performance updates can be verified on the blockchain. Superform emphasized that the vaults merge variable lending rates with fixed-term Pendle positions into a single automated strategy, publishing all vault updates to the blockchain for independent verification by validators.

“Following our initial launch of SuperVaults last year, we took feedback from our community and designed a version 2 that simplifies earning on-chain yield without significant operational overhead,” said Blake Richardson, COO and Co-Founder of Superform.

Future Developments

The launch of SuperVaults v2 marks the beginning of several planned product releases for the first quarter of 2026. The roadmap includes a redesigned mobile interface, greater blockchain network support, and new features aimed at improving cryptocurrency management.

Superform positions itself as a user-owned stablecoin neobank that provides access to yield-generating opportunities through multiple decentralized finance (DeFi) protocols. The SuperVaults product allows users to make single-transaction deposits into multi-protocol vaults, all designed to generate stablecoin yields. SuperVaults has also undergone audits by yAudit and security experts from Spearbit, ensuring its reliability and security.