Lending Pool
Where stablecoins meet real-world credit. Lend USDC, receive agYLD, earn passive yield.
The Lending Network
for Real World Assets
Earn yield through tokenized real world credit. Lend stablecoins
to a diversified pool across multiple originators.
Enter Vaults Read the docs
Our Partners
Agama captures real-world yield and structures it through two complementary pools
Stability Pool
Where security meets premium. Stake agYLD, mint sagYLD, capture liquidation rewards.
Amplify Yield From Real World Assets
Agama aggregates yield from a diversified set of originators, asset classes and chains, delivered as a single yield-bearing token.
Funding RatesStaking YieldPrivate Credit
OptionsOther Strategies
How It Works
Put your stablecoins to work and start earning real yield in just a few clicks, backed by tokenized real world credit.
Deposit
Deposit stablecoins to mint agYLD, your yield-bearing token. Your position is created instantly and ready to start earning.
Stake
For extra yield, stake agYLD to mint sagYLD and amplify your returns. Capture liquidation premiums on top of base yield.
Earn yield
Sit back and let Agama handle the rest. Vaults manage execution, yield accrues daily and you can track your position in real time.
Deposit
Deposit stablecoins to mint agYLD, your yield-bearing token. Your position is created instantly and ready to start earning.
Earn Yield with agYLD and sagYLD
Permissionless, liquid yield-bearing tokens. Hold agYLD for passive lending yield, or stake to mint sagYLD and capture liquidation premiums on top.
agYLD
Lending Pool Token
Deposit stablecoins into the Lending Pool to mint agYLD. Earn passive yield from borrower interest, with the token accruing value automatically.
Est. APY
7.2%
Asset
USDC
Withdrawals
Instant
sagYLD
Stability Pool Token
Stake agYLD into the Stability Pool to mint sagYLD. Capture liquidation premiums on top of base lending yield while backstopping the protocol.
Est. APY
13.1%
Underlying
agYLD
Cooldown
7 days
Coming Soon
Backed by Real-World Assets
Agama supports tokenized assets from regulated originators as collateral, starting with private credit and targeting more asset classes for onboarding.
NimoFast
Invoice Vault
NimoFastUSDrPrivate CreditTokenized energy invoices from regulated Brazilian distributors.
TVL
N/A
Net APY
15%
Redemptions
30-90d
Resolvi
Litigation Vault
AmFiUSDrPrivate CreditConsumer litigation receivables originated by Resolvi from Brazilian courts.
TVL
N/A
Net APY
21%
Redemptions
30-90d
Digcap
Litigation Vault
AmFiUSDrPrivate CreditSelected litigation receivables financed through Digcap's credit pipeline.
TVL
N/A
Net APY
21%
Redemptions
30-90d
Sector Condo
Receivables Vault
AmFiUSDrPrivate CreditResidential condo facility contracts and remote security improvement financing.
TVL
N/A
Net APY
21%
Redemptions
30-90d
View Supported Assets
What the Street is saying
The most interesting is a tokenized asset, truly one-to-one represented, giving you the rights of that asset — dividends or voting.
— Brian Armstrong, CEO Coinbase
Tokenization enhances transparency, composability, and programmability — improving efficiency, liquidity, and creating new revenue.
— Matt Higginson, Partner at McKinsey
We see a pattern of growing investor demand in the tokenized funds space...we expect that trend to continue.
— David Chan, Managing Director & Partner, Boston Consulting Group
The next generation for the markets...will be the tokenization of securities.
— Larry Fink, CEO BlackRock
A whole new set of competitors is emerging based on blockchain...stablecoins, smart contracts and other forms of tokenization.
— Jamie Dimon, CEO JPMorgan Chase
Post-trade is an area where tokenization really shines by cutting down the friction and managing capital flows across the globe
— Adena Friedman, CEO Nasdaq
Eventually I think ETFs and mutual funds are all going to be on blockchain.
— Jenny Johnson, CEO Franklin Templeton
Tokenized money market funds are a real use case — beneficial to the market and liquidity, and will result in core revenues.
— Ron O'Hanley, Chairman & CEO State Street
Every asset class is going to get tokenized...physical property, paintings or buildings.
— Piyush Gupta, CEO DBS Bank
The migration to on-chain securities has the potential to remodel aspects of the securities market.
— Paul Atkins, Chairman of the U.S. Securities and Exchange Commission
Blockchain does not have magical abilities to transform the underlying asset. Tokenized securities are still securities.
— Hester Peirce, Commissioner, U.S. Securities and Exchange Commission
Blockchain and the tokenization of financial instruments represent a structural modernization of the market's underlying infrastructure.
— Caroline Pham, Acting Chairman, U.S. Commodity Futures Trading Commission
The most interesting is a tokenized asset, truly one-to-one represented, giving you the rights of that asset — dividends or voting.
— Brian Armstrong, CEO Coinbase
Tokenization enhances transparency, composability, and programmability — improving efficiency, liquidity, and creating new revenue.
— Matt Higginson, Partner at McKinsey
We see a pattern of growing investor demand in the tokenized funds space...we expect that trend to continue.
— David Chan, Managing Director & Partner, Boston Consulting Group
The next generation for the markets...will be the tokenization of securities.
— Larry Fink, CEO BlackRock
A whole new set of competitors is emerging based on blockchain...stablecoins, smart contracts and other forms of tokenization.
— Jamie Dimon, CEO JPMorgan Chase
Post-trade is an area where tokenization really shines by cutting down the friction and managing capital flows across the globe
— Adena Friedman, CEO Nasdaq
Frequently asked questions
Everything you need to know about Agama and how it works.
Agama vaults generate yield from trade finance receivables purchased at a discount. For example, an invoice with a $100,000 face value is bought at $97,000, and the vault captures the spread as it matures. Returns are driven by real-world commerce, not token emissions or incentives.
The Lending Pool is where you deposit stablecoins and receive agYLD in return. Your stablecoins are lent to borrowers who post tokenized real world assets as collateral, generating real yield from interest paid by borrowers.
agYLD is the yield-bearing token you receive when you deposit stablecoins into the Lending Pool. It accrues yield automatically from borrower interest, and can be staked into the Stability Pool to mint sagYLD for additional returns.
RWA Looping is a strategy where borrowers post tokenized real world assets as collateral, borrow stablecoins against them, and re-deploy the proceeds to scale exposure. This drives demand for borrowing on Agama and ultimately powers the yield earned by lenders.
Agama accepts tokenized real world assets from regulated originators as collateral — currently trade finance receivables tokenized on Rayls via Parfin, with more asset classes being onboarded over time.
The Stability Pool absorbs liquidations when borrowers fall below their collateralization threshold. sagYLD holders backstop the system and, in return, capture liquidation premiums on top of base lending yield.
sagYLD is the staked version of agYLD. By staking agYLD into the Stability Pool, you mint sagYLD and earn liquidation premiums in addition to base yield, in exchange for absorbing liquidations when they happen.
When a borrower's position falls below the required collateralization, their collateral is liquidated and acquired by the Stability Pool at a discount. sagYLD holders earn the liquidation premium, while the protocol stays fully solvent.
Agama charges a 10% performance fee on generated yield only — there are no deposit, withdrawal, or management fees. You only pay when you earn. Fee structures are transparently displayed before deposit.
The infrastructure is ready. Are you?
Talk to the team about integrating Agama.
Get in touch
or contact us directly