Superform raised US$3 million via a public token sale as it launched SuperVaults v2 with pre-deposits.
User-owned stablecoin neobank Superform recently raised US$3 million in a public token sale on cookie.fun powered by Legion. The sale received US$4.7 million in pledged commitments, which the company attributed to demand from its 180,000 active users and a contributor-prioritised distribution approach.
ikram Arun, CEO and Co-Founder of Superform Labs, said: “We’ve seen too many projects launch tokens that immediately get dumped by mercenary capital. Distribution matters.”
The fundraising coincided with the mainnet launch of SuperVaults v2, which went live with more than US$3 million in pre-deposits. Superform said the product is designed to be fully transparent and self-custodial, with every action and performance update verifiable on-chain and checked by an independent set of validators.
SuperVaults v2 combines variable lending rates and fixed-term Pendle positions into a single automated strategy, positioning it as a simplified yield product aimed at everyday users.
Blake Richardson, COO and Co-Founder of Superform, said: “It’s a practical entry point that hides complexity without removing transparency or control.”
Superform said SuperVaults v2 is the first in a sequence of planned releases in Q1 2026, including a redesigned mobile experience, broader chain support, and additional features intended to make on-chain saving and earning resemble consumer finance experiences.
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