FEDUPThe Fed hikes. You collect.
A token backed by US Treasury bills

The Fed hikes.
You collect.

Every trade of $FEDUP buys real US Treasury bills, tokenized on Solana. They pay about 5% a year. Lock your $FEDUP and collect the coupon every day.

Lock and collectSee the rates
Scroll to open the vault
1 · The vault

Behind this door:
real US Treasury bills.

The FEDUP vault is a public account on Solana. Anyone can look inside, and nobody, not even the team, can take anything out except as coupons to holders.

2 · Inside

Shelves of
Treasury bills.

A T-bill is a short loan to the US government. It pays the rate the Fed sets, about 5% a year today. Each bundle here is 100 tokenized T-bills.

3 · How the token buys them

Every trade
buys more bills.

  1. You trade $FEDUP on pump.fun
  2. A fee in SOL goes to the fund, 55% of it for bills
  3. Swapped to USDC on Jupiter
  4. USDC buys USDY, Ondo's tokenized US T-bills
  5. Stored in the vault, on-chain, for everyone to see
4 · The Fed hikes

Higher rates,
fuller shelves.

The US 10-year is at 5.20%, its highest since 2007. The bills earn every day, with or without trading. Each hike makes the vault earn more.

5 · You collect

Every day at 14:00 UTC,
the coupons are yours.

Lock $FEDUP for 7, 30 or 90 days. Your share of the interest lands in your wallet as T-bills, every day. Withdraw whenever you want.

Lock and collect

Rate desk

Ten-year government yields, next to what FEDUP actually paid.

10-year yields government bonds vs. FEDUP

The FEDUP rate is measured from what was actually paid on-chain over the last 30 days. It is a record, not a promise, and it falls when trading volume falls.

Next coupon in
--:--:--
every day at 14:00 UTC
T-bills in the vault
—
earning while you watch
Paid to holders
since launch
Next Fed decision
—
FOMC, 2:00 PM ET
The network

One trade.
Six programs.
Zero hands.

Follow a single $FEDUP trade through Solana, from the first click to the coupon in a holder's wallet. Every hop is a public program.

1 · pump.fun

Thousands of trades, one fee account.

Each buy and sell pays a creator fee in SOL. pump.fun's fee sharing routes 100% of it to the fund, locked for good.

2 · The fund program

Split 55 / 5 / 40, on-chain.

Of every creator fee: 55% buys T-bills, 5% buys and burns $FEDUP, 40% pays the team. Before any swap, the program checks the Pyth SOL/USD price. Worse than 1% off, the trade reverts.

3 · Jupiter → Orca → vault

SOL becomes US Treasury bills.

Jupiter routes the swap through Orca pools. USDY lands straight in the vault, a program address with no withdraw function.

4 · Holders

Every day, the vault pays out.

The coupon fans out to every lock, by weight. The holders lighting up here are read live from Solana.

How the coupon happens

Four steps, every day, all on-chain.

1
Trades pay the fund

Each buy or sell of $FEDUP pays a creator fee in SOL, routed by pump.fun straight to the fund. 55% buys T-bills, 5% buys and burns $FEDUP, 40% pays the team.

2
The fund buys T-bills

Tokenized US Treasury bills go into a public vault. The fund has no withdraw function: SOL leaves only as T-bills.

3
You lock and fly a flag

Lock 7, 30 or 90 days and pick your country. A 90-day lock counts 2.5×.

$
The coupon

Your share of T-bills lands in your position every day. Withdraw it to your wallet at any time, no permission needed.

The vault

One reserve: tokenized US Treasury bills, read live from Solana.

Held right now
—
—

Nations

Every lock flies a flag. This is each country's share of today's coupon.

Lock desk

Estimate your daily coupon, then lock.

Lock period
Pay slip · estimate
Your weight
Share of the pool
Today's coupon budget
Paid inT-bills (USDY)
Per coupon

Your desk

Your locks, your coupons and your T-bills.

Connect a Solana wallet to see your locks and collect your coupons.
Rates are up

The Fed keeps hiking.
Your coupon keeps coming.

Lock and collect How we buy the T-bills