The USD.infra Vault Has Launched | DAWN’s October Newsletter

In this newsletter:

• 01 – The USD.infra Vault Has Launched. On September 22nd, 2026, the USD.infra Vault went live.
• 02 – Deployments Are Already Being Funded. A look at how deployments are utilizing Vault capital.
• 03 – Introducing DAWN Bytes. A new way to engage with the DAWN ecosystem.
• 04 – Building the Vault Ecosystem. Take a look at the partnerships and collaborations to support the Vault.

01 – The USD.infra Vault Has Launched

On September 22nd, 2026, the USD.infra Vault went live.

Digital infrastructure is what makes the Internet function. The networks, servers, and edge capacity are the pieces that keep everything running. Yet financing that infrastructure has traditionally been slow and difficult to access.

The USD.infra Vault changes that.

The Vault is DAWN’s on-chain capital layer for digital infrastructure finance. It connects on-chain capital with contracted, real-world infrastructure deployments across AI compute, connectivity networks, data delivery systems, and edge capacity.

Capital enters the Vault as USD.infra and finances those deployments under contract. Revenue generated services obligations back through the Vault to capital providers, reflected in sUSD.infra.

This is infrastructure finance, on-chain.

02 – Deployments Are Already Being Funded

The USD.infra Vault is live, and capital is already moving into real-world infrastructure.

Following launch, in the month of September the Vault funded the following:

• $630,000 has been deployed across three infrastructure projects, beginning with bulk Internet deployments
• Supporting 1,053 contracted units across Florida and New Jersey
• 16–18% APY across four deployments.

Let’s take a closer look at one deployment:

One of the first deployments is funding Internet infrastructure serving a 276-unit property in Florida.

Capital deployed for the loan is $200,000.

This deployment has an 18% APY and brings high-speed connectivity to residents while putting capital from the Vault to work in physical infrastructure with contracted demand.

Three additional ISP deployments in New Jersey are already live, covering another 777 contracted units.

This is just the beginning.

As the Vault scales, DAWN is bringing more connectivity, AI compute, data delivery, and edge infrastructure deployments into the pipeline, connecting on-chain capital with the physical systems powering the next generation of the Internet.

03 – Introducing DAWN Bytes

The USD.infra Vault isn’t just about putting capital to work. It’s also about creating new ways for participants to engage with the infrastructure being built through DAWN.

Bytes are DAWN’s participation points for eligible participants who hold, deploy, or use USD.infra and sUSD.infra across the ecosystem.

Bytes accrue based on three factors: your balance, how you use your assets, and when you participate. Beyond simply holding, eligible activities across approved lending markets, liquidity venues, and rate markets can provide additional participation multipliers.

Season 1 is structured around weekly epochs, creating a dynamic system that rewards participation throughout the life of the program.

Bytes have no monetary value and are non-transferable, non-tradable, and not redeemable for cash or other assets. They are designed to track participation in the growing USD.infra ecosystem, with the program subject to its applicable terms and eligibility requirements.

As the USD.infra ecosystem expands, Bytes give participants another way to engage with the infrastructure finance network DAWN is building.

04 – Building the Vault Ecosystem

The USD.infra Vault is being built alongside a growing network of infrastructure, capital, and ecosystem partners. Here’s a snapshot of the collaborations already in play:

Solana
The home for the USD.infra Vault, providing the liquidity, settlement infrastructure, and ecosystem needed to bring digital infrastructure RWAs on-chain.

M0
Providing the stablecoin infrastructure behind USD.infra, enabling USD.infra to be issued and redeemed on Solana.

Loopscale
Providing the vault infrastructure that powers the USD.infra and sUSD.infra experience, along with a Liquidity Vault within the DAWN ecosystem.

Chainlink
Providing trusted data infrastructure for the Vault, helping bring verified external data on-chain.

Turtle
Supporting distribution of the USD.infra Vault to eligible participants and expanding access to DAWN’s infrastructure finance ecosystem.

Orca
Expanding the utility of USD.infra through Solana-native liquidity and swaps.

Exponent
Bringing yield-splitting to sUSD.infra, allowing eligible participants to separate principal and variable payment exposure.

Kamino + Allez Labs
Bringing sUSD.infra to a curated lending market, extending its utility across Solana DeFi.

Titan
Expanding DAWN’s infrastructure pipeline into AI compute and data infrastructure, bringing new categories of real-world digital infrastructure into the Vault ecosystem.

These are just the first pieces of the ecosystem. As the Vault grows, more partners and collaborations will help connect capital, markets, and the infrastructure being built with it.

Get Involved

Deploy infrastructure with DAWN

Looking to finance your next deployment? DAWN connects infrastructure operators with on-chain capital.

Get in touch to explore how DAWN can fund your next project.

Put Capital To Work

Eligible Non-U.S. persons can supply capital to the USD.infra Vault and participate in digital infrastructure finance on-chain.

Visit the Vault app to deposit and learn more about how you can earn.

What Comes Next

The coming months will bring more of these systems into view.

We’ll keep sharing the most meaningful updates here as DAWN continues to grow.

Until next month.

Available only to eligible non-U.S. persons outside the United States, subject to applicable terms and geographic, eligibility, sanctions, and transfer restrictions. Use of a VPN or other means to circumvent restrictions is prohibited. Participation involves risk, including possible loss of capital. This post is for informational purposes only and is not an offer or solicitation. See https://infrastructure.finance/ for complete terms and risk disclosures.