# August

> Institutional-grade platform for crypto

August is an on-chain prime brokerage platform for institutions. It provides secure smart contract accounts, risk engines, and execution tools for spot, derivative, and DeFi trading.

August is an on-chain prime brokerage platform that provides institutional infrastructure for the management and settlement of digital assets. It combines secure smart contract accounts, pricing and risk engines, and execution capabilities to give institutions capital-efficient access to spot, derivative, and DeFi trading. The platform serves institutions, funds, and other counterparties that require compliant, transparent access to on-chain markets.

August's smart contract subaccounts let verified counterparties deploy capital into whitelisted protocols under programmable policies, while a dedicated risk engine monitors wallet health and enforces liquidation mechanics in real time. The platform also tokenizes bilateral over-the-counter agreements, such as options and swaps, and supports on-chain order execution algorithms alongside proof of reserves. This structure allows institutions to borrow, lend, and trade across decentralized protocols and OTC arrangements while maintaining KYC-verified compliance.

The product line includes loan lifecycle and risk management software with automated liquidations, along with institutional reporting and real-time position analytics. Upshift, built on August's prime brokerage infrastructure, extends access to curated yield vaults across multiple chains for both institutional and retail depositors.

- Type: Company
- Sector: Custody and Wallets
- Status: Active
- Profile: https://thegrid.id/profiles/august

## Products

- [August](https://thegrid.id/profiles/august): August is an onchain prime brokerage platform that provides institutional infrastructure for the management and settlement of digital assets. It combines secure smart contract accounts, pricing and risk engines, and execution capabilities to let institutions borrow, lend, and trade across DeFi, spot, and OTC markets. Credit facilities are structured with programmable underwriting rules, collateral controls, and real-time liquidation mechanics, while a dedicated risk engine monitors wallet health and triggers margin calls. It also acts as a custody layer that other protocols, including Upshift, build on top of. (Custody Technology Provider, Live, Main Product)
- [Upshift](https://thegrid.id/profiles/august): Upshift is a vault platform that lets institutions and partner protocols offer onchain yield strategies. Deposits mint receipt tokens, curators deploy the assets under an onchain policy engine built on August, and net asset value accrues back to depositors. Its DeFi Yield vaults allocate deposits to curated strategies across multiple chains, while Vault-as-a-Service lets partner protocols run the same vaults under their own brand. RWA Clear funds instant redemptions of tokenized real-world assets from an LP pool that earns spread fees and lending yield, and developers can integrate through an SDK, REST API, CLI, and MCP server. (Yield Aggregator, Live)

## Assets

- [Fractal Protocol Vault Token (USDF)](https://thegrid.id/profiles/august): USDF is the institutional protocol token of Upshift, a vault infrastructure platform for onchain credit and yield. It represents deposits into Upshift's institutional vault, where capital is deployed under onchain policy and NAV accrues back to holders. The token is paired with dedicated yield reserve and crosschain whitelist contracts that manage permissioned distribution across supported chains. (Vault Tokens)
- [clrRWA (clrRWA)](https://thegrid.id/profiles/august): clrRWA is an ERC-20 receipt token representing a liquidity provider's share of the USDC pool backing Upshift's RWA Clear product. LPs deposit USDC into the pool, which funds instant payouts to holders redeeming tokenized real-world assets, and earn spread fees and lending yield in return. Its value tracks the pool's accrued fees rather than a fixed peg. (Vault Tokens)
- [Upshift Core USDC (coreUSDC)](https://thegrid.id/profiles/august): Upshift Core USDC is a vault receipt token issued by Upshift representing deposits into its Core USDC vault. Depositors receive coreUSDC as capital is allocated to curated DeFi strategies, with NAV accruing back to the token to reflect earned yield. It is listed among Upshift's live vaults on Ethereum, alongside its institutional and RWA vault products. (Vault Tokens)
- [Upshift Clear RWA (clrRWA)](https://thegrid.id/profiles/august): Upshift Clear RWA is a vault token issued by Upshift representing deposits into its RWA Clear liquidity pool. The pool, funded by liquidity providers, supplies instant USDC liquidity to holders of tokenized real-world assets seeking early redemption, earning spread fees and lending yield in return. Pricing for redemptions is set through a live Chainlink oracle rather than waiting on an issuer's multi-day settlement process. (Vault Tokens)
- [Upshift USDC (upUSDC)](https://thegrid.id/profiles/august): upUSDC is a vault token issued by Upshift representing deposits into its USDC lending pool. Holders earn yield as the pool allocates USDC to curated DeFi lending strategies through a proxied lending pool contract on Ethereum. Its value accrues through NAV growth rather than a rebasing balance, tracked against a scheduled proxy admin for upgrade control. (Vault Tokens)

## Links

- [Main](https://www.augustdigital.io)
- [Documentation](https://docs.augustdigital.io)
- [Privacy policy](https://docs.augustdigital.io/legal/legal-notices/privacy-policy)
- [Terms of Service](https://docs.augustdigital.io/legal/legal-notices/terms-of-service)
- [Blog](https://www.upshift.finance/blog)
- [Twitter / X](https://x.com/upshift_fi)

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