Soil

What Soil does

Soil is a Malta-domiciled DeFi yield protocol operating as a subsidiary of ORQO Group, offering vault-based fixed-return products on stablecoins (USDC, RLUSD) and XRP across nine EVM networks (Ethereum, Base, Polygon, Arbitrum, Optimism, Avalanche, BNB Chain, Mantle, Fraxtal) and the XRP Ledger. Its product surface comprises Liquid Vaults (5% APR/APY, short-duration treasury and money market strategies), Credit+ Vaults (8% APR/APY, exposure to privately managed real estate, corporate debt, and trade finance), Yield+ Vault (7% APR, quant crypto hedge fund strategies), the XRP Vault (native yield without stablecoin conversion), and the Single Asset Vault (SAV) institutional lending primitive on XRPL. Underlying assets are curated by ORQO Asset Management, with on-chain loan administration handled by smart contracts and settlement leveraging the proposed XRPL native lending amendments XLS-65 and XLS-66.

Name

Soil

Legal name

Soil Ltd.

Website

https://soil.co

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Soil is a multi-chain DeFi yield protocol offering fixed APR vaults on stablecoins and XRP, backed by institutional credit, tokenized treasuries, and real-world assets, serving crypto-native investors and XRP holders.

Ownership category

akta.pro rank

Product category

DeFi Yield Protocol

NAICS

Open-End Investment Funds (525910), Other Financial Investment Activities (5239)

SIC

Finance Services (6199)

akta.pro primary industry

Yield Aggregators, Auto-Compounding & Strategy Vaults (DeFi Yield) (FSADAHAK)

akta.pro secondary industries

Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield) (FSAPAEAG), Yield Aggregators & Strategy Vaults (FSADAMAF), Lending Protocol Infrastructure (Oracles, Rate Models, Vaults) (FSADAFAN), Prime Brokerage (Multi-Asset Crypto) (FSADAJAA)

Keywords

• DeFi yield protocol
• Real-world assets RWA
• Stablecoin yield vaults
• XRPL lending infrastructure
• Institutional credit vaults

Headquarters

HQ city

Valletta

HQ country

Malta

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Operations, Marketing or Sales, Personnel, Others

Revenue model

1. Yield spread from institutional credit: Soil generates revenue from the spread between returns paid to vault depositors (5-8% fixed APR depending on vault type) and yields generated from underlying institutional credit investments including private credit funds, treasury strategies, corporate lending, trade finance, and crypto hedge funds.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Soil operates a multi-chain vault-based yield protocol deployed across the XRP Ledger (XRPL) and major EVM networks, offering fixed APR returns on stablecoins (USDC, RLUSD) and XRP. Users deposit assets into tiered vaults — Liquid (5% APR/APY), Credit+ (8% APR/APY), Yield+ (7% APR), and XRP Vault — whose underlying capital is allocated by ORQO Asset Management to institutional credit strategies including private credit, tokenized treasuries, corporate debt, trade finance, and market-neutral crypto hedge funds. The protocol also includes a Single Asset Vault (SAV) for institutional capital pooling and a SEED Points loyalty program.

Product overview

Soil is a vault-based yield protocol operating across EVM networks (Ethereum, Arbitrum, Polygon, Optimism, Avalanche, BNB Chain, Mantle, Fraxtal) and the XRP Ledger (XRPL). The platform functions as a vault curator, managing on-chain vaults that deploy capital into institutional-grade strategies to generate yield paid in the same asset deposited. The product portfolio consists of four core vault types: Liquid Vaults (5% APY, flexible liquidity with short-term treasury strategies), Credit+ Vaults (8% APY, institutional credit exposure to real estate, corporate debt, and trade finance), Yield+ Vaults (7% APY, quant crypto hedge fund strategies), and XRP Vault (fixed returns for native XRP holders without conversion). All vaults share a common architecture but differentiate by network (EVM vs XRPL), asset type (USDC, RLUSD, XRP), risk/yield profile, and lock-up terms. The SEED Points loyalty program rewards early users with points redeemable for token airdrops and APR boosts.

Differentiator

Problem solved

Functional benefit

Products and services

• Liquid Vault (XRPL) Flexible yield vault on XRPL offering 5% Fixed APR on RLUSD with a 90-day notice period and 1-day cooldown. Assets are allocated across treasury strategies, money market funds, and selected institutional lending opportunities focused on capital preservation and liquidity. Designed for RLUSD holders seeking predictable on-chain yield.
• Liquid Vault (EVM) Flexible yield vault on EVM networks offering 5% APY on USDC with 3-day rolling fixed returns. Capital is deployed into treasury strategies and institutional lending focused on capital preservation and access for USDC holders.
• Credit+ Vault (XRPL) Higher-yield vault on XRPL offering 8% Fixed APR on RLUSD with a 40-day notice period. Provides access to professionally managed private credit strategies across real estate, corporate debt, and trade finance for investors seeking enhanced on-chain yield.
• Credit Vault (EVM) Higher-yield vault on EVM networks offering 8% Fixed Returns on USDC. Capital is allocated to professionally managed credit strategies across real estate, corporate lending, and trade finance.
• Yield+ Vault Vault on XRPL offering 7% Fixed APR on RLUSD by pooling user funds into a curated portfolio of institutional-grade crypto hedge funds delivering diversified quant strategies including algorithmic trading, market-neutral positioning, and volatility harvesting.
• XRP Vault Native XRP yield vault on XRPL offering fixed returns for long-term XRP holders who want yield without converting holdings into stablecoins. Operates with a 40-day notice period and keeps assets denominated in XRP within the XRP Ledger ecosystem.
• Single Asset Vault (SAV) On-chain vault structure on XRPL allowing institutions to pool capital and manage loans directly on the ledger with near-instant settlement and operational efficiency. Users deposit funds and receive MBT tokens representing their positions, enabling institutional-grade lending participation.
• SEED Points Loyalty rewards program enabling users to earn SEED points through vault allocations, referrals, and governance participation. Points provide eligibility for token airdrops, APR boosts via leaderboard rankings, and access to exclusive platform features.

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• RipplecoreStrategic or Co-development PartnerRipple partnership enables XRPL-native yield products. Soil is building on XRP Ledger and utilizing XRPL's proposed native lending infrastructure (XLS-65 and XLS-66 amendments) for on-chain lending and yield products.
• ORQO GroupcoreStrategic or Co-development PartnerSoil is a fintech platform under ORQO Group. ORQO Asset Management handles asset selection, risk segmentation and allocation. SOIL is developed within the ORQO ecosystem combining licensed asset management experience with blockchain-native infrastructure.
• DIFC (Dubai International Financial Centre)minorStrategic or Co-development PartnerPartnership with DIFC for regulatory and financial services infrastructure, enabling compliant RWA-backed yield products.
• Mount TFIminorStrategic or Co-development PartnerLicensed asset management company in Poland founded by Nick Motz (Soil CIO). Focuses on Private Debt investments and has become one of the leading private debt funds in Southern Eastern Europe.
• SeedifyminorGTM or Marketing PartnerGaming and Web3 incubator/accelerator mentioned in trusted partners section.
• GameSwiftminorGTM or Marketing PartnerGaming platform partner mentioned in trusted partners section.
• Poolz FinanceminorGTM or Marketing PartnerDecentralized IDO platform mentioned in trusted partners section.
• FractalminorGTM or Marketing PartnerGaming and NFT platform mentioned in trusted partners section.
• MarketAcrossminorGTM or Marketing PartnerCrypto marketing and PR firm mentioned in trusted partners section.
• Hedman PartnersminorImplementation/ SI/ Consulting PartnerLegal/regulatory advisory partner mentioned in trusted partners section.
• WH PartnersminorImplementation/ SI/ Consulting PartnerFinancial advisory and consulting firm mentioned in trusted partners section.
• 3D OtsminorOthersDigital asset trust and security partner mentioned in trusted partners section.

Scale indicators3 records

Expansion highlights5 records

Emerging players

• Goldfinch: Decentralized credit protocol focused on lending to real-world SMEs in emerging markets. Comparable on RWA-backed private credit underwriting via crypto capital pools.

Direct peers

• Yearn Finance: Pioneer DeFi yield aggregator offering automated vault strategies across EVM chains. Direct comparable on vault architecture and yield-strategy product model.
• Pendle Finance: Yield tokenization and structured yield product protocol. Comparable on multi-strategy yield packaging and institutional-grade product design.
• Centrifuge: RWA tokenization protocol connecting real-world assets (invoices, real estate) to on-chain liquidity. Comparable RWA-yield infrastructure thesis.
• Beefy Finance: Multi-chain yield optimizer offering auto-compounding vaults across EVM networks. Comparable on multi-chain vault strategy deployment model.
• Ondo Finance: Tokenized US Treasuries and RWA-backed yield products aimed at institutional and crypto-native investors. Closest comparable as a regulated RWA-yield protocol pursuing similar stablecoin yield markets.
• Morpho: Lending optimization layer building on top of lending primitives with curated vaults. Direct comparable on improved lending yield through specialized vault structures.
• Maple Finance: Institutional-grade on-chain private credit market with undercollateralized lending to SMEs. Closest match on the credit-vault / private-credit underwriting model.

Broad incumbents

• Aave: Largest on-chain lending protocol with deep TVL and broad multi-chain presence. Comparable on lending infrastructure and multi-chain vault-style product distribution.
• MakerDAO / Sky: Decentralized RWA protocol with significant treasury allocation to tokenized real-world assets. Comparable on institutional-grade RWA yield strategy at scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/soil_farm
• LinkedInlinkedin.com/company/soilfarm

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Soil