Superform Team Addresses $UP TGE

Background on Superform and the $UP Token

Superform launched in early 2026 as a non-custodial neobank built primarily on Solana, with integrations across Ethereum and Base. The platform allows users to save, swap, and earn yield through SuperVaults that automatically deploy capital across multiple DeFi strategies.

The protocol reports more than $180 million in deposits across over 1,000 vaults spanning 70+ integrated protocols. It previously raised $9.5 million from investors including Polychain, VanEck, Circle Ventures, and Arthur Hayes to expand its mobile-first application.

The $UP token has a fixed supply of 1 billion and functions as the ecosystem’s governance and utility asset. The presale in late 2025 valued the project at $90 million before the February 10, 2026 TGE launched at a $30 million FDV on exchanges including HTX, Gate.io, and MEXC.

Superform Team Addresses the $UP TGE Valuation Reset

Superform team addresses the gap between presale expectations and the public launch valuation, citing broader crypto market volatility and liquidity conditions as contributing factors. The statement acknowledges community frustration around the valuation adjustment.

According to the team, presale demand reflected strong early interest, but macro conditions shifted before listing. The $30 million launch valuation was described as a recalibration aligned with long-term sustainability rather than short-term pricing targets. The update emphasizes deposit growth and product expansion as the primary drivers of value creation going forward.

Superform Team Addresses Vesting and Token Alignment

Superform team addresses token supply concerns by introducing a three-year vesting schedule covering 3% of total supply tied to internal allocations. The adjustment is intended to align team incentives more closely with long-term holders.

Gradual unlocks are designed to reduce near-term supply pressure and improve predictability around emissions. The team also committed to recurring AMAs and structured development updates to increase transparency. These measures are positioned as steps toward reinforcing trust following the TGE transition.