SODAX Partners with CheomaYield, Bringing Stable Yield to GIWA
CheomaYield brings fixed-APY stablecoin yield to GIWA Chain. SODAX now powers the deposits that fund it, routing stablecoins from 20+ networks into bnUSD yield.
SODAX Team
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CheomaYield now accepts stablecoin deposits from 20+ blockchain networks through the SODAX SDK, settling them directly into its Sonic Pre-Deposit vault.
bnUSD is supported as a native cross-network stablecoin, keeping deposited capital available for CheomaYield's hot wallet and productive in its yield engine rather than sitting idle.
CheomaYield is SODAX's first partner in the GIWA ecosystem, with the integration expected to extend further once all infrastructure reaches GIWA mainnet.
CheomaYield's yield vaults are built for GIWA, but ahead of GIWA's mainnet, its first vault settles through a pre-deposit contract on Sonic. For anyone holding stablecoins on another network, that meant bridging manually before a deposit could even begin.
CheomaYield closed that gap with the SODAX SDK, so depositors can fund the vault from wherever their stablecoins already sit, moving capital across blockchain networks in a single step.
What Is CheomaYield?
Cheoma is the yield layer of GIWA — a stablecoin yield protocol that shelters capital under two proprietary engines: GCC sukuk bonds and market-neutral event contracts. Built on GIWA Chain, Cheoma pairs real-world fixed income (sovereign and corporate sukuk across the GCC) with a market-neutral arbitrage sleeve, delivering stable, compounding yield while keeping everything in stablecoins. The name comes from cheoma (처마), the Korean roof eave, because your wealth stands firm under the eaves of GIWA.
Its first vault, the Sonic Pre-Deposit, accepts USDC and bnUSD at a 1:1 credit and issues a transferable chSonic receipt. Wave 1 is live now, cap-bounded at $200K, advertising a fixed 52% APR.
How SODAX Powers the Deposit
CheomaYield integrated the SODAX SDK to accept USDC and other stablecoin deposits from across 20+ blockchain networks and settle them directly into its Sonic Pre-Deposit contract. A depositor holding stablecoins on another network reaches CheomaYield's vault in one flow, without a separate bridging step first.
bnUSD is supported in that same flow as a native cross-network stablecoin. It keeps part of incoming capital available in CheomaYield's hot wallet instead of sitting idle, and once deposit volume on that route is high enough, it feeds CheomaYield's yield engine strategies directly.
CheomaYield's team shipped the integration in under 24 hours.
"The cross-network deposit feature was the main reason we chose SODAX. Our original plan was to deploy vaults on each relevant chain, but a single central deposit vault fed by 20+ chains turned out to be a far better option for us, especially at such a negligible fee."
— Anubis, CheomaYield
Why This Matters for CheomaYield
Every depositor who would previously bounce, because their stablecoins lived on a network the vault couldn't reach, can now fund the Sonic Pre-Deposit directly. This brings a simpler solution for CheomaYield than having to redeploy their contracts on every network they want to serve. The result is a wider pool of capital, no longer limited by which network a depositor's stablecoins started on.
It's also capital that keeps working: available for the hot wallet, productive in the yield engine once volume justifies it.
CheomaYield is SODAX's first partner inside the GIWA ecosystem. As GIWA's mainnet deployments continue, the two teams plan to carry this same cross-network deposit model and more onto GIWA Chain itself.
Try CheomaYield's Sonic Pre-Deposit at cheomayield.xyz/sonic, or find out how to bring cross-network deposits into your own product at sodax.com.