River's initial USDT Smart Vault capacity is $10 million. It reached full capacity within 12 hours, with an expected annualized yield of 40%.

BlockBeats News, September 11th. The River Protocol abstract stablecoin system opened its first USDT Smart Vault at 10:00 PM Beijing time on September 10th, with a cap of $10 million and an expected annualized return of 40%. Within 30 minutes of opening, $6.7 million was deposited, surpassing $9 million within an hour, and reaching full capacity in 12 hours.

The Smart Vault is based on the Omni-CDP mechanism. Users can earn interest with a single click after depositing USDT. The system automatically mints satUSD to put into the collateral pool, integrating DeFi and CeDeFi strategies to provide users with liquidation-free and sustainable stable returns. Users also receive River Pts as an additional incentive. In the future, support will gradually be provided for more assets such as BTC and ETH, and institutional-grade yield strategies will be opened.

Within the past 2 months, River has accumulated over $600 million in TVL and over $270 million in satUSD circulation. The DeFillama stablecoin ranking has risen to 27, and River has integrated protocols such as Pendle, Euler, and ListaDAO.