# Stormbit Finance

> Programs for tokenized assets

Stormbit Finance provides non-custodial settlement software for tokenized asset transactions. It lets holders access income, entry, and credit programs on held assets, priced by counterparties and settled on chain.

Stormbit Finance is a company that builds non-custodial settlement software for tokenized asset transactions. Holders keep their assets while gaining defined transaction outcomes, priced by counterparties and settled through smart contracts that only the holder's wallet controls. The software serves crypto asset holders seeking income, price-targeted entry, or credit against holdings they retain.

Each transaction is structured as an options collar set by a counterparty dealer: a protective floor limits downside while a chosen cap defines the upside given up in exchange for the outcome. Because terms are agreed and hedged before settlement, positions are not subject to price-based liquidation during the term, with outcomes applied automatically by the contract at expiry. Access to the software runs through an invitation-based application, or through a bilateral program for institutional counterparties.

The Stormbit Protocol bundles four programs on a single application: Harvest for income on held assets, Accumulate for price-targeted entry, Prime for credit against holdings, and Vaults for depositing stablecoins to fund the underlying transactions. A dedicated over-the-counter desk offering has been discontinued. The software is used by asset holders seeking income or credit without giving up their holdings, and by counterparties who price and settle transactions through the contracts.

- Type: Company
- Sector: DeFi
- Status: Announced
- Founded: 2024-04-01
- Profile: https://thegrid.id/profiles/stormbit_finance

## Products

- [Stormbit Protocol](https://thegrid.id/profiles/stormbit_finance): Stormbit is non-custodial settlement software for tokenized-asset transactions, used by holders of assets such as BTC or ETH and by capital providers who fund positions. Holders select a program, Harvest for income above a chosen price, Accumulate for a paid commitment to buy at a chosen price, or Prime for fixed-term credit under a protective floor and cap, and a counterparty prices the terms before the holder authorizes settlement from their own wallet. Prime blocks price-based liquidation during the protected term, opening it permissionlessly only after maturity plus four hours. Capital providers fund these programs through vaults, depositing into epoch-based pools and receiving a share redeemable as positions settle, with variable, unguaranteed returns. (Decentralised Borrowing & Lending, Live, Main Product)
- [Stormbit Desk](https://thegrid.id/profiles/stormbit_finance): Stormbit Desk was a private over-the-counter lending service that arranged bespoke, options-backed credit deals for individual clients by appointment, applying the same collar structure as the main platform on posted BTC or ETH collateral. The dedicated desk page has been removed and the product is no longer named on the current website or documentation. Bilateral access to the underlying programs is now described generally as an institutional arrangement rather than as a distinct named product. (OTC, Discontinued)

## Assets

- [soUSD (SOUSD)](https://thegrid.id/profiles/stormbit_finance): soUSD is the vault share token issued by Stormbit to lenders who deposit USDC into its options-hedged lending protocol. Holders earn yield from premiums generated when funded loans are hedged with options collars, with soUSD redeemable for USDC plus accrued yield once a chosen tenor unlocks. Unlike variable-rate lending pools, its return is priced at loan origination rather than drawn from ongoing interest. (Vault Tokens)

## Links

- [Main](https://stormbit.finance)
- [Documentation](https://docs.stormbit.finance)
- [Media Kit/branding](https://drive.google.com/uc?export=download&id=1M_NyENm1wDM7vfI7wSbdYHpUjf9wYkyi)
- [Privacy policy](https://docs.stormbit.finance/resources/privacy-policy)
- [Terms of Service](https://docs.stormbit.finance/resources/terms-of-service)
- [Terms of Service](https://stormbit.finance/terms)
- [Privacy policy](https://stormbit.finance/privacy)
- [Media Kit/branding](https://stormbit.finance/brand-kit)
- [Twitter / X](https://x.com/StormbitFinance)
- [GitHub](https://github.com/stormbit-finance)
- [LinkedIn](https://www.linkedin.com/company/stormbit)

## Legal

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- [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