🏛️Background on OpenTrade

The Sierra protocol and SIERRA's reserves are powered by the service provider OpenTrade, a market leading provider of stablecoin yield products backed by investment firms like a16z Crypto, Circle, AlbionVC, Kronos Research, Mercury, Notion and CMCC Global. As of July 2025, OpenTrade manages over $60M of assets across a variety of crypto exchanges, neobanks and fintech platforms distributed around the globe.

OpenTrade provides SIERRA with a suite of institutional-grade RWA and DeFi yield vaults, which supports Sierra's dynamically-rebalancing portfolio allocation. All vaults are held in bankruptcy remote accounts with Tier 1 financial institutions and the portfolios of collateral backing these vaults are managed by an FCA regulated asset manager.