Superform Launches Earn Stocks for Tokenized Stocks on Base

Superform has launched its Earn Stocks feature on Base, enabling users to leverage tokenized stocks as collateral for earning strategies. The service, powered by Aave, starts with superNVDA, with plans to expand to other major tokenized stocks like superTSLA, superMSFT, superMETA, superAAPL, superAMZN, and superGOOGL. SuperStocks uses supported Coinbase Tokenized Stocks as collateral in Aave V4’s Equities Hub, borrowing USDC and deploying it through approved venues when returns exceed costs and risks.

Vikram Arun, CEO of Superform, emphasized the goal of making onchain assets more productive without burdening users with complex financial processes. SuperformOS automates the strategy, managing everything from collateralization to repayment and redemption. The demand for this feature is evident, with superNVDA attracting nearly 10% of all NVDAc issued on Base during pre-deposit.

Luigi D’Onorio DeMeo of Aave Labs highlighted the potential of tokenized stocks as collateral, noting that SuperStocks enhances Aave V4’s capabilities with automated earning strategies. Antonio García Martínez of Base added that Coinbase Tokenized Stocks have already seen over $1.5B in onchain volume in just six weeks, indicating strong user interest in leveraging these assets.

Earn Stocks is currently available to eligible users through superNVDA, with additional SuperStocks to be rolled out in phases. Superform describes itself as a neobank for global markets, offering services like buying U.S. stocks, earning on USD, and trading crypto, all connected through SuperformOS for seamless financial product integration.