BOLD Offers 2.​5% Higher Yield Than T-Bills Without Centralized Risk

馃敁 Risk-Free Rate Redefined

By Liquity
Apr 20, 2026, 2:32 PM
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A new yield-bearing stablecoin called BOLD is offering returns 2.​5% higher than traditional DeFi's "risk-free" rate, which typically comes from tokenized Treasury Bills wrapped in centralized infrastructure.​

Key differentiators of BOLD:

  • No admin keys that could be exploited
  • No counterparty dependencies
  • Cannot be frozen by centralized entities
  • No governance token or voting mechanisms
  • Fully onchain and decentralized

The announcement positions BOLD as a truly decentralized dollar alternative to wrapped T-Bills, which carry centralization risks despite being marketed as low-risk options in DeFi.​ Users can deposit through a provided link to start earning the higher yield.​

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Read more about Liquity

BOLD Stablecoin Adds $3M Supply and $18M TVL in 30 Days

BOLD Stablecoin Adds $3M Supply and $18M TVL in 30 Days

**BOLD stablecoin reports monthly growth metrics:** - Supply increased by $3M - Total Value Locked (TVL) grew by $18M - User base expanded with 48 new BOLD holders - 15 new borrowers joined the platform The protocol positions itself as offering competitive borrow rates in the stablecoin market. BOLD is developed by the team behind LUSD (Liquity V1), which previously reached $5B in peak TVL and has operated for over 4 years without governance intervention. The project emphasizes its decentralized nature as a crypto-native stablecoin alternative.

Liquity V2 Cuts Borrowing Costs to 0.50% with Automated Rate Management

Liquity V2 Cuts Borrowing Costs to 0.50% with Automated Rate Management

**Liquity V2 introduces Rate Delegation feature** A user reduced their borrowing rate from 5.90% to 0.50% automatically, maintaining this low rate for over a month. **How Rate Delegation works:** - Professional rate managers continuously adjust your borrowing rate - Optimizes for protection against redemptions - Keeps loan costs as low as possible - No manual intervention required **Key benefits:** - 10x cheaper borrowing costs compared to previous rates - Automated optimization - Protection from redemptions - Consistently low rates Liquity V2 continues to offer the lowest borrowing rates in DeFi, with rates that are stable and non-volatile. Unlike other platforms, collateral is not lent out to third parties.

BOLD Stablecoin Receives A- Rating from Bluechip, Outranking USDC and DAI

BOLD Stablecoin Receives A- Rating from Bluechip, Outranking USDC and DAI

**BOLD stablecoin has secured an A- rating from Bluechip**, making it the only crypto-native stablecoin to achieve an A-tier rating. This places BOLD above established competitors like USDC and DAI, which both received B+ ratings. **Key highlights:** - First crypto-native stablecoin with A-tier rating - Rated higher than USDC (B+) and DAI (B+) - Cannot be frozen, unlike centralized alternatives The rating reflects BOLD's strong fundamentals and decentralized architecture. Users can access BOLD through [Liquity's platform](https://liquity.app/borrow) or purchase it via [DeFi aggregators](https://swap.defillama.com/). View the full Bluechip rating analysis at [bluechip.org](https://bluechip.org/en/coins/bold) and read the detailed breakdown at [Liquity's blog](http://www.liquity.org/blog/bold-receives-a--rating-from-bluechip).

馃攧 Liquity Expands BOLD Liquidity Incentive Program

Liquity is calling for liquidity providers to support BOLD stablecoin across multiple decentralized venues. **Key Details:** - Protocol-incentivized liquidity program now active - Multiple venues available for BOLD liquidity provision - Track opportunities via [Dune Analytics dashboard](https://dune.com/liquity/protocol-incentivized-liquidity) **Available Venues Include:** - BOLD/USND on [Bunni](https://bunni.xyz/explore/pools/arbitrum/0x2edd6d9772510c6d661dae96ac65838fd18a535763aaed2b4d5311c87c1cdf95) - BOLD/USDQ on [Honeypop](https://honeypop.app/pools/45) - BOLD/USDFI on [Curve](https://www.curve.fi/dex/ethereum/pools/factory-stable-ng-524/deposit/) - BOLD/AXD on [Pharaoh Exchange](https://pharaoh.exchange/manage/v1/0x3fc764ae09eec2f54b1956febfeaa75d17a596bc) Liquidity providers can bridge BOLD to supported networks using [Transporter](https://www.transporter.io/). View the full [Liquity V2 ecosystem dashboard](https://dune.com/liquity/liquity-v2-ecosystem) for deposit venues.

DeFi