Piron brings real-world fixed income to Arbitrum through Term Deals, Flexible Yield and Fixed Yield: three clear ways to put stablecoins to work.
Stablecoins solved how money moves. Piron is solving what that money can earn.
Most stablecoin holders still face an uncomfortable choice: leave capital idle, place it inside an opaque yield strategy, or return to slow offchain processes to access fixed-income investments.
Piron Finance is an onchain fixed-income protocol deployed on Arbitrum Sepolia. It gives stablecoin holders access to structured pools connected to Treasury bills, bonds, commercial paper, invoices and trade-finance opportunities.
Piron offers three products, each designed for a different use of capital:
Term Deals let investors select a specific investment and inspect its issuer, funding target, payment terms and maturity before depositing. Discounted instruments return principal plus the agreed discount at maturity. Interest-bearing deals can distribute scheduled coupons before principal is returned.
Flexible Yield gives investors exposure to a managed portfolio of short-duration instruments without requiring them to select every asset. Returns are reflected in the pool’s NAV and share price. Withdrawal requests are paid from available reserves or placed in a transparent queue until liquidity returns.
Fixed Yield is designed for capital that can remain invested for a known period. Investors choose a 30, 90 or 180-day term, see the fixed rate and expected payout before depositing, and choose whether to receive interest upfront or at maturity. Early exit and rollover are supported with terms disclosed in advance.
Users connect a wallet, choose a pool and deposit stablecoins. Piron’s contracts issue pool shares or an individual fixed-term position, while recording ownership, pool state, fees, withdrawals and settlement onchain. Piron’s SPV and operator workflows manage instrument allocation, NAV updates, coupon payments and maturity returns.
Arbitrum provides the execution and settlement layer for the protocol. Piron’s Arbitrum deployment includes pool factories, escrow contracts, access controls, fixed-term position management, NAV accounting, liquidity reserves and FIFO withdrawal queues.
Piron makes the important questions visible before capital moves: what am I funding, where does the return come from, how long is my money committed, and how does it come back?
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