Solution Overview
Hamilton bridges the world’s most powerful yield engine — the carry trade — with modern digital infrastructure. It takes a mechanism once reserved for global macro funds and sovereign desks and turns it into a transparent, accessible, and programmable system anyone can use.
In doing so, Hamilton redefines what it means to hold a productive dollar.
From Concept to Architecture
The traditional carry trade moves money from where it’s idle (low-yield economies) to where it’s productive (high-yield ones). Hamilton does the same — but programmatically.
Through its system of USDh and sUSDh, Hamilton transforms yield differentials between sovereign markets into an onchain economy, where every user can participate in global productivity without intermediaries, leverage, or synthetic risk.
At its core, Hamilton operates two layers:
USDh — a reserve-backed, stable digital dollar reflecting real-world sovereign exposure.
sUSDh — a staked representation of USDh that earns yield from the global carry trade.
Together, they create a composable financial layer that connects blockchain infrastructure to real-world yield flows.
How It Works at a Glance
Users mint USDh, a stable digital asset backed by short-term sovereign and 1:1 pegged USD tokens.
They can stake USDh to receive sUSDh, participating in Hamilton’s global reward pool.
Reserves are deployed across emerging market sovereign debt, capturing natural yield spreads.
Smart contracts record and distribute rewards transparently, updating daily based on reserve performance.
Users can unstake or redeem anytime, converting back to USDh or USDC through onchain or DEX/OTC mechanisms.
This creates an ecosystem where every digital dollar represents a real yield-bearing position — not through leverage or tokens of speculation, but through sovereign productivity.
A New Class of Digital Dollar
Hamilton’s solution is not another stablecoin — it’s a new financial primitive. It enables the carry trade to exist onchain, turning passive capital into a source of global yield, transparently and compliantly.
Every Hamilton dollar works harder — because every Hamilton dollar is part of the global flow of productive capital.
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