Ozean unlocks the power of DeFi on real world assets, in a user friendly and compliant way.
Native Yield on Stablecoins
Stablecoins bridged to Ozean are converted to USDX, the native stablecoin issued by a licensed custodian and backed by treasury bills or equivalent. USDX can then be converted into ozUSD, a rebasing stablecoin that returns the risk-free rate to holders.
Opt-in Unified Compliance Layer
Allows interoperability between permissioned protocols, building a permissioned DeFi ecosystem.
Web3 Abstraction
Experience full account abstraction with our native custodian wallet, which conceals all blockchain complexities with a user-friendly Web2 interface.
Ozean is launched by Clearpool, the leading DeFi credit and RWA lending protocol.
Total Loans Originated
$563,502,395.65
Total Value Locked
$87,536,384.66
Backed by
Native Yield on Ozean.
Ozean ETH - L2 Bridge.
USDT, USDC, DAI
USDX
USD Treasuries
ETH, WETH, STETH
USDX
OZUSD - Rebasing Yield
WOZUSD - Auto-compounding yield
WETH Rebasing
USD
Swap for USDX on ETH L1
USDT:USDX USDC:USDX pools
Tbill yields issued in USDX added to pool
stETH
ETH Mainnet
L2
7 Days withdrawal
Ozean introduces the first on-chain yield curve, accessible via the native Ozean wallet.
Lock USDX on Ozean for ozUSD, a yield-bearing stablecoin and composable asset within the Ozean ecosystem. ozUSD can be locked and exchanged for a duration token that provides a duration yield (e.g., USDX6M = 5.35%).
On-chain yield curves allow for the development and deployment of diverse financial instruments.
Compliance
& Composability
Permissioned Defi
Existing permissioned DeFi apps have varying compliance standards, creating silos with no interoperability and a fragmented experience.
L2
Features a permissionless L2 with an opt-in compliance layer, allowing users to onboard once while protocols determine their KYC requirements.
Users who complete KYC receive decentralized identifier tokens linked to their address.
Enables both permissionless and permissioned users to co-exist seamlessly on the same chain.
Wallet
Addresses common issues with current wallets, such as on-ramping crypto, securely storing seed phrases, paying gas fees, and managing multiple transactions.
User-friendly fiat-on-ramping options (e.g., credit card payments)
Integrated access to native yield opportunities from RWAs
Batches transactions into a single click
Zero transaction fees for users, subsidized by the network and dApps