Buy the dip
Set a price below the market and forget about it. If the price never gets there, you still kept the interest.
Built on Stellar ยท Testnet beta opening soon
Interest on your resting assets.
Your money earns while your limit order waits. Iora is a vault on the Stellar network: your USDC earns yield on Blend, Stellar's lending protocol, until your buy order fills. When the coin you want reaches your price, it withdraws and swaps in a single transaction.
Order filled
- Admin keys
- 0
- Who can withdraw
- Only you
- Transactions per fill
- 1
- Fee to place an order
- 0.018 XLM
Built on StellarYield from BlendSwaps on Soroswap
Waiting shouldn't cost you.
On an order book, the money behind a limit order sits idle until the price comes to you. With Iora it earns Blend interest the whole time. See what that means for your order.
Order book
+0.00 USDC
Iora
+4.93 USDC
Illustration only. Blend rates change all the time and this is not a forecast. Interest is earned on the full order until it fills.
How it works
Four steps on Stellar, each one signed by you in your own wallet.
-
Open your vault
One signature deploys a vault contract that belongs only to you. Your funds are never mixed with other users' in an Iora contract.
-
Deposit USDC
Your USDC goes straight to Blend and starts earning. Withdraw it with interest whenever you like.
-
Set your price
Pick the coin and the price you want to pay. The amount set aside for the order keeps earning while it waits.
-
It fills at your price
When your limit is met, the vault withdraws from Blend, swaps on Soroswap and sends the coin to your wallet in one transaction.
Built for patient buyers
Buy in steps
Spread a purchase across several prices. Every step that hasn't filled yet keeps earning.
Wallets and DAOs
Offer yield-bearing limit orders to your users or treasury. Users sign in their own wallet; Iora never holds keys.
You stay in control
Trust comes from what the contract allows, not from promises. These rules are enforced on-chain.
Read the security docs- No one can withdraw for you
- Withdrawals, orders and cancellations require your wallet signature. There is no admin key and no upgrade function.
- Never worse than your limit
- The minimum amount you receive is computed on-chain and checked after the swap. If it isn't met, the whole transaction reverts and your funds stay on Blend.
- The keeper can only trigger
- The bot that fills orders cannot change the recipient, the amount or the limit. What you buy always goes to the vault owner.
- Pausing only stops new orders
- The emergency switch stops new vaults and orders. Withdrawals and cancellations always work.
Risks you should know
- All vaults supply to the same Blend pool. If that pool takes bad debt that its backstop cannot cover, every deposit in it loses value.
- The contracts have not been independently audited yet. Iora runs on testnet only, with test funds.
- If the pool is short on cash, a withdrawal or fill may have to wait.
Why not a regular limit order?
| Stellar order book | DEX limit orders | Iora | |
|---|---|---|---|
| Money earns while waiting | No | No | Yes, on Blend |
| Who holds the funds | Your account | Your wallet | Your own vault contract |
| Every order fully funded | Yes | Often not | Yes |
| Fills in one transaction | Yes | Yes | Yes, including the Blend withdrawal |
What it costs
Iora charges no fee of its own at this stage. You pay only Stellar network fees, measured on testnet.
| Open a vault | 0.043 XLM |
|---|---|
| First deposit | 0.055 XLM |
| Place an order | 0.018 XLM |
| Cancel an order | 0.001 XLM |
| Order fill | Paid by the keeper |
Where we are
- Testnet prototypeBuilt and tested
- Testnet betaFirst 50 testers
- Independent auditReport published
- MainnetOnly after the audit
- Cross-chainBuy coins on other networks
Keep your money on Stellar and place orders to buy coins on other networks.
Questions
What does Iora mean?
It stands for Interest On Resting Assets. Money that waits behind a limit order is resting; with Iora it earns interest on Blend until the order fills.
Does Iora hold my funds?
No. Your funds are in your own vault contract and, through it, on Blend. Neither Iora nor the keeper can withdraw them.
Where does the interest come from?
Blend borrowers pay interest on what they borrow, and lenders share it. Your vault is a lender. The rate depends on how much of the pool is borrowed.
What if the price never reaches my limit?
Nothing is lost. Your USDC kept earning the whole time, and you can cancel and withdraw whenever you want.
Which coins can I buy?
On testnet today you can buy XLM with USDC. More Stellar assets come next, and later coins on other networks, while your USDC keeps earning on Stellar.
Can I lose money?
Yes. Bad debt in the Blend pool, a contract bug or a phishing site could cause losses. The risks page explains each one.
When is mainnet?
Not before an independent security audit is complete.
Join the beta
We are opening Iora to the first 50 testers on testnet. We will help you set up a test wallet, walk you through your first order and use your feedback to shape the product before mainnet.
- No real funds, no cost
- Direct line to the team
- Early access when mainnet opens
Questions? Write to hello@iorafi.com or follow @iorafinance on X.