# Perena

> Where Money Grows

Perena helps users swap, provide liquidity, and launch stablecoins through a unified stableswap infrastructure.

Perena operates a stableswap trading system on Solana that connects trusted stablecoins like USDC and USDT with newer digital dollars. Users can exchange stablecoins at efficient rates or deposit them to earn fees. It helps traders find better prices and gives stablecoin projects an easier way to build liquidity.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2024-06-01
- Profile: https://thegrid.id/profiles/perena

## Products

- [Numéraire](https://thegrid.id/profiles/perena): Numéraire implements a stablecoin AMM through hub-and-spoke liquidity architecture, enabling stablecoin trading and optimized capital efficiency. The system centers around USD*, a liquidity provider (LP) token representing proportional ownership of the Seed Pool containing USDC, USDT, and PYUSD, which extends liquidity to partner stablecoins through Growth Pools. (Decentralised Exchange, Open Beta, Main Product)
- [Perena Vaults](https://thegrid.id/profiles/perena): Perena Vaults provides curated yield-generating investment strategies for stablecoins through professionally managed vault structures. Users deposit stablecoins into vault strategies managed by institutional partners like Franklin Templeton and Neutral Trade, earning yields through delta-neutral trading, real-world asset exposure, and external lending protocols.  (Yield Aggregator, Live)

## Assets

- [USD Star (USD*)](https://thegrid.id/profiles/perena): USD* is the liquidity provider token for Perena's Seed Pool on Solana. It is minted when users deposit USDC, USDT, or PYUSD into the pool, earning yield from swap fees and automated yield strategies. USD* implements the Interest Bearing Token standard, allowing interest to accrue directly into the token's value over time without rebasing or distributing separate reward tokens. (Vault Tokens)

## Links

- [Documentation](https://perena.notion.site)
- [Main](https://perena.org)
- [Blog](https://perena.org/resources)
- [Media Kit/branding](https://perena.notion.site/Brand-Guidelines-Design-Assets-151a37a29ca480d69cc9ec489226ba90)
- [Privacy policy](https://perena-docs.gitbook.io/perena/legal/privacy-notice)
- [Terms of Service](https://perena-docs.gitbook.io/perena/legal/legal-terms)
- [Twitter / X](https://x.com/perena)
- [Discord](https://discord.com/invite/vaNnNBqXMt)
- [Telegram](https://t.me/perena_community)
- [Telegram](https://t.me/perenafi)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP