Superform’s $4.7M UP sale tops target as SuperVaults v2 goes live on mainnet

Superform’s $4.7M UP token sale on Cookie.fun powers the mainnet launch of audited SuperVaults v2, bringing self-custodial onchain yield to 180k users.

Superform Labs announced Thursday it has completed a public token event raising $4.7 million in commitments, more than double its initial target, according to a company statement.

Superform goes UP event

The event, conducted on the cookie.fun platform powered by Legion, coincided with the launch of SuperVaults v2, the company’s updated yield-generating product for cryptocurrency users.

The event attracted commitments exceeding its target, driven by demand from Superform’s reported 180,000 active users, according to the company. The event structure prioritized verified contributors, providing early access to existing users and community members.

“Running our event on Cookie allowed us to prioritize the 180k strong community who use Superform,” said Vikram Arun, CEO and Co-Founder of Superform Labs, in the statement. “Distribution matters, and Cookie’s model made it possible to run a public event that rewards genuine users, over speculators.”

SuperVaults v2 launched on mainnet Thursday with pre-deposits already in place, according to the company. The product operates as a fully transparent, self-custodial platform where all transactions and performance updates are verifiable on blockchain, Superform stated.

The vaults combine variable lending rates and fixed-term Pendle positions into a single automated strategy, according to the company’s technical documentation. The system publishes all vault updates on blockchain and subjects them to verification by independent validators.

“After launching SuperVaults last year, we took in our community’s feedback and built a v2 reflecting an even easier way to earn onchain yield without the operational overhead,” said Blake Richardson, COO and Co-Founder of Superform, in the statement.

The SuperVaults v2 launch represents the first in a series of product releases planned for the first quarter of 2026, according to the company. The roadmap includes a redesigned mobile interface, expanded blockchain network support, and additional features for cryptocurrency management.

Superform describes itself as a user-owned stablecoin neobank that provides access to yield-generating opportunities across multiple decentralized finance protocols. The SuperVaults product enables single-transaction deposits into multi-protocol vaults designed to generate stablecoin yields.

SuperVaults has undergone audits by yAudit and security researchers from Spearbit, according to the company.