Redeem

Burn state tokens. Settle to USDC.

Redeem any state token back to USDC instantly. Fully non-custodial, fully on-chain.

Redeem to USDC

Burn state tokens to settle in USDC

Settles instantly when reserve ratio > 115%.

Burning
0 $TEX
Redeem fee
0.20%
You receive
$0

Pending redemptions

Queued transactions for this session

0

Your recent redemptions will appear here.

Redemption is protected

Redemptions settle against live reserve above the 115% liquidation buffer. View live status on Reserve health.

What happens when you redeem

One signature. Four steps.

    01

    Sign

    Authorize the redemption on your wallet.

    02

    Burn

    State tokens are burned atomically.

    03

    Settle

    USDC is released from reserve.

    04

    Receive

    Funds hit your wallet instantly.