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Safer Leverage & Real Yield for Every Asset.

Let's be real: synthetic assets sound powerful. But most of them? Clunky, brittle, overly complicated — and definitely not paying your bills.

Harbor changes that.

We're bringing groundbreaking yields to places they've never reached: BTC, ETH, and soon... anything with a price feed.

What Is Harbor?​

Harbor is a synthetic asset protocol that transforms your favorite yield-bearing collateral — like fxSAVE or wstETH — into two powerful asset types:

  • haTOKENS (Harbor Anchored Tokens): Pegged tokens (e.g., haETH, haBTC) that track a price feed and can earn very high yields, due to the protocol design, which concentrates yield from collateral and trading fees into stability pools for haTOKENS
  • hsTOKENS (Harbor Sail Tokens): Rebalancing variable leverage tokens for directional plays, with no funding fees, no margin calls, and automatic risk rebalancing.

Anywhere with a price feed, yield is coming.

For details on how Harbor achieves these high yields, see How Yield is Generated.

For detailed information, explore the sections below or start with our Technical Overview.

Core Components​

haTOKENS (Harbor Anchored Tokens - Pegged Assets)​

  • Synthetic assets pegged 1:1 to reference prices via reliable oracle feeds
  • Examples: haUSD (USD), haBTC (Bitcoin), haTSLA (Tesla stock)
  • Fully collateralized and redeemable
  • Freely usable across DeFi platforms
  • Designed to maintain tight pegs through arbitrage and protocol rebalancing
  • Earn amplified yield by concentrating all protocol collateral yield into active stakers

hsTOKENS (Harbor Sail Tokens - Rebalancing Leverage Tokens)​

  • Variable leverage tokens representing residual claims on collateral
  • Similar to holding liquidation-protected leveraged positions
  • Absorb volatility between collateral and haTOKENS
  • Protected from liquidation by protocol rebalances
  • Leveraged, directional exposure on any asset with a price feed

Stability Pools​

  • Two types: Collateral Pools and Sail Pools
  • Maintain system solvency through automated rebalancing
  • Earn yield from yield bearing collateral (e.g. stETH)
  • Earn TIDE incentives
  • Transform market downturns, or pegged token price spikes into opportunities for participants

Maiden Voyage​

  • Bootstrap new markets
  • Minimal risk
  • Provide immediate liquidity and collateral backing
  • Distribute both haTokens and hsTokens to participants
  • TIDE (or other) incentives for participants

Documentation Sections​

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