Spectra on Stellar
Yield tokenization, limit orders, cross-chain PTs, and deterministic pricing on Stellar.
Spectra on Stellar brings the Core v2 yield-tokenization model to Soroban. A yield-bearing asset can be split into a Principal Token (PT) and a Yield Token (YT), then used in limit orders, routed operations, or cross-chain transfers.
Core v2
Understand PT and YT issuance, yield, maturity, and redemption.
Limit orders
Learn how PT and YT limit orders settle on Stellar.
IBT wrappers
See how vaults and Blend positions become compatible yield-bearing assets.
PT bridge
Follow PT lock, mint, burn, and unlock flows between Stellar and EVM networks.
ZCB oracle
Understand deterministic zero-coupon-bond pricing for Stellar PTs.
How the pieces fit
Core v2 performs the economic split. Wrappers adapt yield sources to the vault interface Core expects. The Limit Order Engine trades PT and YT at maker-defined implied rates, while the bridge creates cross-chain representations of PTs. The deterministic oracle prices one PT through time without reading an AMM or market-data feed.
For contract behavior and integration constraints, see the Stellar developer documentation.