Solana (Universal) is a tokenized version of Solana (SOL) designed to track the value of Solana on multiple blockchains including Base, Polygon and Arbitrum. uSOL is backed by Solana at a 1:1 ratio via a network of merchants, ensuring that its price is pegged to Solana at all times.
Underlying Solana collateral is securely stored with Coinbase Prime. uSOL is an ERC-20 token, allowing it to be integrated across the Ethereum ecosystem for uses including lending, borrowing, trading and other DeFi applications.
