Limited offering
The first two IP Vault Rounds have a combined $600K cap at launch. Once the cap is reached, subscriptions will close.
Get or convert back ipUSD in a single transaction.
Swap USDC.e or Startale USD (USDSC) 1:1 into ipUSD on Soneium, or convert ipUSD back to a supported stablecoin at any time.
ipUSD · Soneium · Stablecoin Conversion
Use the ipUSD swap to move between supported Soneium stablecoins and ipUSD from one interface. Select USDC.e or Startale USD (USDSC), enter an amount, review the displayed 1:1 conversion, and connect your wallet when you are ready to continue.
Convert supported stablecoins into ipUSD for use across the ipUSD ecosystem, including the separate IP Vault experience.
Switch to Convert back to reverse the direction and receive the supported stablecoin shown by the interface.
The reserves card shows the stablecoin composition backing ipUSD so users can review the current reserve mix alongside the converter.
FAQ
Answers about getting ipUSD, converting back, supported stablecoins, Soneium, reserves and IP Vault.
ipUSD is the dollar-denominated asset used across the ipUSD experience on Soneium. The swap page lets users obtain ipUSD from supported stablecoins or convert ipUSD back.
Choose USDC.e or Startale USD (USDSC), enter the amount you want to convert, review the 1:1 conversion rate shown on the page, and connect your wallet to continue.
Yes. USDC.e is supported on the Get ipUSD side of the converter and is shown at approximately 1 USDC.e to 1 ipUSD.
Yes. Startale USD (USDSC) is also available in the token selector and can be converted to ipUSD at the displayed 1:1 rate.
Yes. Use the Convert back tab to reverse the direction so ipUSD becomes the asset you pay and the selected supported stablecoin becomes the asset you receive.
The ipUSD conversion experience is designed for Soneium. Make sure your wallet is using the supported network before attempting a conversion.
The interface currently displays the conversion fee as None. Always review the transaction details shown by your wallet before confirming an on-chain action.
The interface displays a 1:1 conversion for USDSC and approximately 1:1 for USDC.e. The live transaction details shown in the app should be treated as the final quote.
The reserves card on this page shows ipUSD as fully backed by cash reserves held in supported stablecoins, including USDSC and USDC.e.
No. The product interface states that ipUSD does not earn yield by itself. Users interested in royalty-based yield can move ipUSD into IP Vault, subject to eligibility and vault terms.
IP Vault is the yield product connected to the ipUSD ecosystem. The app presents it separately from the swap so users can first obtain ipUSD and then choose whether to subscribe to the vault.
Yes. The conversion form requires a wallet connection before an on-chain transaction can be submitted. The Connect wallet button is the action entry point in the interface.