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How to Deposit USDC for sUSD on Solayer

Solayer allows users to deposit USDC and receive sUSD, a decentralized yield-bearing stablecoin. This guide explains how to deposit USDC, approve the transaction, and track its completion.

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Step 1: Select the sUSD Tab and Click Deposit

Go to https://app.solayer.org, connect your wallet, and select the sUSD tab.
Ensure you are on the Deposit sub-tab, not Withdraw.

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Step 2: Enter the Amount of USDC to Deposit

Enter the amount of USDC you want to deposit.
You will see the exchange rate displayed as 1 sUSD = 1 USDC. Click Deposit to continue.

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Step 3: Review and Confirm the Deposit Process

A confirmation modal will appear, explaining that the deposit process may take up to 2 business days (T+1 excluding weekends).
Click Confirm Deposit to proceed.

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Step 4: Approve the Wallet Transaction

Your wallet will prompt you to approve the transaction.
You will see the deduction of your USDC and a small network fee in SOL. Confirm the transaction by clicking Approve.

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Step 5: Deposit is Processing

Once confirmed, you will see a Pending status at the top right. The transaction is now being processed in the background.

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Step 6: Deposit Complete

Once the deposit process is complete, a Transaction successful message will appear.
You can now view your newly minted sUSD in your wallet.

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Summary

Depositing USDC into Solayer lets you mint sUSD, a yield-bearing stablecoin backed by tokenized U.S. Treasury Bills.
You’ll begin earning returns immediately after deposit, and your assets remain composable across the Solana ecosystem. For additional support, please contact us via the Solayer Discord Support Channel.