Unitas Labs is a stablecoin protocol powered by the LP delta-neutral arbitrage engine on Solana. It allows users to swap and use across multiple DeFi assets its overcollaterlized $USDu stablecoin or minth yield bearing sUSDu. It uses the same delta-neutral approach as with Ethena but depositing funds into Jupiter Liquidity Provider instead of Ethereum staking.
$UP is a native token of the platform which is used for governance and revenuesharing by staking.
According to the CoinLaunch team research, the platform doesn’t have any private funding rounds. However, on March 13, 2026, the Binance Wallet announced an $UP IDO.
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<a href="https://coinlaunch.space/projects/unitas-labs/" title="Unitas Labs (UP)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/unitas-labs.png" width="224" alt="Unitas Labs (UP)"></a>