Hubra
USDC Earn · Guide

Stable yield,zero maintenance.

Deposit USDC. An autonomous rebalancer routes it across 12 whitelisted pools on 2 audited lending venues, monitors yields every cycle, and reallocates when better opportunities surface. No claiming, no chasing, no lockups.

  • 12 active pools
  • Auto-rebalance every cycle
  • Audited protocols only
01
12
Active pools

Whitelisted USDC strategies the rebalancer is allowed to route to.

02
2
Audited protocols

Kamino and Jupiter Lend - only adapter-restricted, audited venues.

03
5.60%
APY

Blended yield across active pools, recomputed every rebalance cycle.

Chapter № I · Where the yield comes from

USDC doesn't earn by sitting still.

In a wallet, a stablecoin is a frozen claim on a dollar. On-chain, that same dollar can be lent against collateral, or provided to a perp market, or supplied to a tight stable pool, and someone on the other side will pay to use it.

The catch is rates. They move every block. The pool paying eight points today might fall to four tomorrow as borrowers close out. Doing this yourself means watching dashboards, signing transactions, paying gas to chase a few basis points of difference - and usually arriving late.

Hubra Earn deposits your USDC once. Routing across the shortlist of audited venues happens autonomously, in the background, on a schedule the network can't front-run.

i
Lending markets

Traders post collateral and borrow USDC to lever long, short, or hedge. They pay variable interest for the privilege. That interest is your yield.

ii
Perp & basis venues

Funding rates on perpetual exchanges turn into real cash flow when one side of the book is willing to pay to stay in.

iii
Stable LP

Tight stable-stable pools that earn swap fees from arbitrage, with negligible price exposure between assets.

Yield sources active across whitelisted USDC pools

Chapter № II · The rebalancer

Concentratedon the winner.

Curators run their own audited markets on Kamino. Rates move every block. The rebalancer reads all of them at once and pushes the bulk of the capital onto whichever curator is paying the most right now - then rotates the moment a different one takes the lead.

How it decides
  1. i
    Watches the rate

    Reads live APY across every curator vault, every cycle. No dashboards, no manual checks.

  2. ii
    Picks the winner

    Concentrates the bulk of the capital on whichever curator pays the most. The rest hold thin tracking weight.

  3. iii
    Moves when it pays

    Only rotates when the new venue beats the old after gas and slippage. No churn for show.

Re-checked every 30 minutes
Active allocation
Live · rotating
Curator vault
APY
Allocation
  • Kamino · Steakhouse
    Leader
    Steakhouse Financial
    5.85%
    74%
  • Kamino · Gauntlet
    Gauntlet
    5.20%
    5%
  • Kamino · RockawayX
    RockawayX
    5.45%
    7.5%
  • Kamino · Allez
    Allez Labs
    4.80%
    2.5%
  • Kamino · Elemental
    Elemental
    5.10%
    3.5%
  • Jupiter · Lend
    Jupiter aggregated supply
    5.30%
    6%
  • Idle · vault
    Held for instant withdraw
    -
    1.5%
Watch. The leader takes the bulk every cycle. When a different curator pays more, the weight follows.
Chapter № III · Exchange rate

One token, quietly compounding.

Like raSOL, deposits mint raUSDC at the current redemption rate. Your token count never changes - the rate does. Each rebalance cycle settles new yield into the vault, and 1 raUSDC becomes redeemable for slightly more USDC. Drawn at 5.60% APY from a starting rate of 1.0000 USDC.

1 raUSDC · scrubbing to Y5
1.0000USDC
Appreciation
+0.0000
raUSDC · USDC valueToken count (fixed at 1)
Today · 1 raUSDC
1.0000 USDC
Y5 · 1 raUSDC
1.3220 USDC
Total appreciation
+0.3220 USDC
Chapter № IV · Trust

Routed throughaudited rails.

The vault program is built on Ranger's institutional infrastructure. The adapters that touch external venues are whitelisted, narrow, and individually audited - so the rebalancer can only call functions the auditors have signed off on.

Vault infrastructure
Ranger Finance
Ranger Vaults
Non-custodial · institutional

The vault program is Ranger's, deployed and operated by Hubra. Neither party can withdraw user deposits to an external address - adapter calls are constrained to whitelisted venue functions, and every config change is on-chain.

  • Non-custodial. Funds remain on-chain at all times.
  • Adapter-restricted. Only audited functions callable.
  • Open source. Rebalancer logic public on GitHub.
Source · ranger.finance
Audit register
4 reports
  • i
    Sec3 X-RAY
    Vault program
    Passed
  • ii
    Sec3 X-RAY
    Adapter programs
    Passed
  • iii
    FYEO
    Vault program
    Passed
  • iv
    Cetora
    Vault program
    Passed
Source · audit reports linked from the docs
Trust layer · audited venues
Where capital is routed
Jupiter Lend
Jupiter Lend

Aggregated USDC supply across major Solana lenders.

Kamino Lend
Kamino Lend

Concentrated lending vaults with risk-isolated markets.

Chapter № V · Common questions

The fine print, in plain text.

What allocators ask before parking USDC in an autonomous vault, answered without the marketing.

A non-custodial vault built on Ranger's institutional infrastructure. The vault program holds your USDC and routes it across whitelisted strategies via narrow adapter contracts. Neither Hubra nor Ranger can withdraw funds to an external address.

Borrowers on Solana lending markets pay interest for USDC liquidity. Funding rates on perp venues turn into cash flow when one side of the book is willing to pay to stay in. Tight stable-stable LPs collect swap fees from arbitrage. The blended yield reflects what the rebalancer is actually earning across active pools.

Every 30 minutes the rebalancer reads pool depth, supply rate, utilisation and recent volatility for every whitelisted venue, then solves for the allocation that maximises post-deposit yield. It penalises rate dilution from your size landing, and weights by an adapter risk score. Highest headline rate doesn't always win.

Internally the vault tracks shares in raUSDC; the redemption rate climbs as yield settles. The app surfaces your USDC equivalent (shares × rate), which is what you withdraw. Same accounting model as raSOL, Aave's aTokens, or Compound's cTokens.

Yes. A small idle slice is held back for instant redemption. For larger withdrawals, the vault unwinds the matching adapter positions in the same transaction - no claim queue, no unbonding window.

A smart-contract failure in either the vault program or an adapter, or insolvency in an underlying lending market. Audits from Sec3 X-RAY, FYEO and Cetora cover the program surface; venue selection is restricted to audited markets. Risk isn't zero - it's bounded and disclosed.