sUSD3, issued by Tulkum Assets Corp., is tokenized junior-tranche interest in a credit-based money market that gives holders levered exposure to the protocol's pool of onchain credit lines while absorbing first losses [S1].

Holders receive the junior share of pool interest, a levered variable yield that floats with what the backing generates [S2]. Returns derive from two credit sleeves: Fintech Credit Conduits, comprising warehouse loans and forward-flow programs financing U.S. fintech receivables through bankruptcy-remote special purpose vehicles, and Crypto Credit Lines, uncollateralized USDC facilities priced by the 3CA algorithm [S2]. Idle capital earns the Aave V3 USDC supply rate [S2]. sUSD3 absorbs first losses before USD3 [S2].

The issuer of record is Tulkum Assets Corp. [S3]. sUSD3 follows the ERC-4626 vault standard and represents a subordinated, first-loss claim on the credit-based money market, ranking junior to USD3 [S1]. Suppliers deposit permissionlessly, and the documentation imposes no accredited-investor or Regulation S eligibility restriction on sUSD3 holders [S2]. Junior subordination is capped by the tranche ratio, with a maximum junior share of debt configured at 15 percent [S2]. Borrower facilities are protected by originator first-loss equity, including a 25 percent first-loss position retained by LendSwift at 1.33 times overcollateralization [S2]. Redemption carries no fee [S4].

sUSD3 is an ERC-4626 token deployed on Ethereum [S1]. Suppliers deposit USDC to mint USD3, then stake USD3 to receive sUSD3 [S5]. Idle USDC is supplied to the Aave V3 USDC market [S2]. sUSD3 carries a one-month lock during which it continues accruing yield, after which holders begin a cooldown and redeem within a withdrawal window [S4]. Credit limits refresh every 30 days [S2].

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  items={[
    { id: "S1", url: "https://docs.3jane.xyz/introduction" },
    { id: "S2", url: "https://docs.3jane.xyz/llms-full.txt" },
    { id: "S3", url: "https://www.3jane.xyz/pdf/terms-of-service.pdf" },
    { id: "S4", url: "https://docs.3jane.xyz/resources/faq" },
    { id: "S5", url: "https://www.3jane.xyz/" },
  ]}
/>


Tokenized funds

Lenders deposit USDC to mint USD3 and supply the money market; borrowers draw unsecured USDC credit lines underwritten by 3Jane's risk engine. Interest paid by borrowers accrues to USD3 and sUSD3 holders, with sUSD3 absorbing first-loss risk in exchange for a higher share of yield.

3Jane issues USD3, a yield-bearing token minted by depositing USDC, and sUSD3, a staked junior tranche that earns boosted yield while absorbing first-loss credit risk. Yield is generated from unsecured USDC credit lines underwritten against on-chain and verifiable off-chain proofs.

3Jane is a credit-based crypto money market on Ethereum that lets users earn yield through USD3 and access unsecured USDC credit lines using verifiable proofs of assets, creditworthiness, and future yield.

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Real-world asset (RWA) issuers

3Jane

3Jane Staked USD3 (sUSD3) is a tokenized fund share issued by 3Jane through Tulkum Assets Corp.

Each token is a direct claim on the issuer.

The fund is open-ended, invests in U.S. private credit, and locks up subscriptions for 1 month.

Retail investors can mint and redeem directly with 3Jane in USDC and USD3, and holders have a right to redeem at net asset value.

Tulkum Assets Corp. is incorporated in Panama.

Holder terms are governed by the law of Panama.

sUSD3 has been issued on Ethereum as an ERC-4626 token since August 2025.

3Jane Staked USD3sUSD3

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