About XSY

Building the Future of Crypto-Native Liquidity

XSY is redefining the future of blockchain liquidity by solving one of the industry’s biggest challenges: idle on-chain capital. Today, the vast majority of assets on-chain remain underutilized, limiting their potential impact on ecosystem growth. XSY is pioneering a new model that turns dormant value into productive capital, enabling more efficient and scalable blockchain economies.

Who We Are

Founded by a team of seasoned blockchain entrepreneurs and financial experts, XSY is led by W. Sean Ford, a veteran in blockchain infrastructure and former executive and member of the founding team at Algorand. Alongside Sean, the XSY founding team includes David Markley, also from Algorand’s early leadership, Austin Campbell, the former Head of Portfolio & Risk Management at Paxos, and Kevin March & John Peurifoy, co-founders of Floating Point Group, one of the early crypto OTC trading desks.

With deep expertise spanning stablecoins, decentralized finance, risk management, and trading infrastructure, XSY is uniquely positioned to develop financial primitives that unlock real economic value across blockchain ecosystems.

What We’re Building

The key to activating and optimizing blockchain capital is to build a comprehensive liquidity operating system that integrates critical resources (mediums of exchange, assets, insurance & derivatives) and capabilities (distribution, regulatory compliance, & security). XSY is developing the foundational components to enable this system driving sustainable economic activity and accretive value.

Our initial core products include:

• Unity ($UTY): A yield-bearing digital synthetic dollar unlocking crypto-native rewards & supercharging TVL.

• Trinity: A next-generation lend-borrow protocol, powering efficient capital deployment.

• XSY Token ($XSY): A utility and governance token, rewarding participants and aligning incentives across the ecosystem.

Why It Matters

The first product we are launching, Unity ($UTY), is a revolutionary digital synthetic dollar token designed to enhance capital efficiency. Unlike traditional stablecoins, which can often be used as a medium to exit an ecosystem, $UTY is designed to work with native L1 tokens.

Using delta-hedging derivatives strategies, XSY ensures peg stability while allowing large token holders—including L1 development labs and foundations—to put their treasuries to work. This unlocks new liquidity, expands capital market activity, and accelerates blockchain adoption.

The Future of On-Chain Liquidity

XSY isn’t just another DeFi project—it’s a fundamental shift in how blockchain ecosystems manage and deploy capital. Our goal is to build a scalable, sustainable financial infrastructure that enables on-chain economies to grow, innovate, and thrive.

With Unity, Trinity, and $XSY, we are turning idle assets into an engine for blockchain expansion—creating a future where liquidity is no longer a limitation, but an opportunity.