Pulse | Convergent

Co-founder @convergent_so

[Pulse | Convergent @pulse_CVGT]

Today is the first day of CVGT’s official launch, and I couldn’t be more excited. $BTC surged through 100k again with massive inflow from ETFs, and soon we shall see the launch of a $SOL ETF driving liquidity into @Solana.

I’m humbled by the overwhelming support from the community. We’ve hit $3M in trading volume with over 1400 holders in just a few hours since the announcement. It validates our mission to push the decentralized stablecoin narrative forward on Solana. I’m thankful for the trust our community has in our vision.

Over the past two weeks, I’ve been completely heads-down—building, planning, and engaging with the community. Did a quick trip to Dubai for Token2049 last week and it was super constructive. Had multiple fruitful meetings with a number of incredible teams and potential partners who are keen in liquidity provision. There will be announcements coming soon, both for $CVGT and the whole @convergent_so ecosystem.

Now, I saw a few comments on X about the delay in the token CA announcement. So let me share some context. The original plan was to launch $CVGT alongside the Convergent platform. But during deployment, we ran into unexpected technical issues. We chose to delay the launch to prioritize security.

The token launch is only step one. The full roadmap is coming soon, and it’s packed with what we believe will be meaningful unlocks for our users.

I’m incredibly optimistic about where $CVGT is headed. Our mission has always been to disrupt the stablecoin landscape on Solana—and with USV’s 0% interest minting backed by JitoSOL, we’re laying the groundwork for sustainable yield at scale. I truly believe Solana DeFi is the next big thing. The UX, speed, and cost-efficiency of the chain are unmatched, and it’s finally reaching the maturity where scalable, real-world applications can thrive. That’s exactly why we chose to build on Solana from day one.

I envision $CVGT becoming the go-to stablecoin platform token for DeFi users, powering decentralized money movement across the ecosystem. We’re already in talks with several partners to integrate the upcoming $USV into their platforms—more on that soon.

Also, a quick note to @humafinance: I was tuning into a Twitter Space yesterday and heard about the Foundation’s focus on supporting PayFi and working closely with ecosystem-native projects. I believe Convergent is uniquely aligned with that mission. We’re about to launch what could be the first major 100% decentralized stablecoin on Solana, fully backed by LSTs, and we’d love to connect and explore ways to collaborate.

A bit of personal context, too—this isn’t just a weekend project. We’ve been building Convergent for over a year, starting from our NFT launch last year. It was originally a side hustle I was juggling after hours, until six months ago when I left my full-time job and stepped in to lead full-time as CEO. Since then, the focus has been relentless: building, shipping, and refining.

Today, I’ve been focused on our next steps:
• Launching a $CVGT staking program ASAP to reward early supporters
• Expanding $USV’s utility with new DeFi integrations
• Bootstrapping protocol TVL prior to launch
• Growing our community to 50K+ members by month’s end

We built this project with long-term conviction. $CVGT is more than a token—it’s a foundational piece of a permissionless, decentralized stablecoin platform. We’re building in public, iterating fast, and always staying grounded in our mission.

Whether the market goes up or down—we keep building. Thanks for being here early. Let’s make something big together.

[Pulse | Convergent @pulse_CVGT]

https://t.co/gzs8D3Fn6Z
Jito Foundation released a second legal analysis relating to JitoSOL and the Jito Stake Pool. Clear tax treatment for LSTs is a foundational step.
@jito_sol's latest memo confirms:
• Minting/redeeming ≠ taxable event
• Staking rewards taxed on disposal, not accrual
IMO, long term protocol adoption depends on regulatory clarity at the asset layer.
Convergent is building systems to support these emerging standards.

[Pulse | Convergent @pulse_CVGT]

Solana ETF approvals are following the same blueprint as BTC & ETH:
CME Futures →
Institutional interest →
SEC engagement →
Spot product

What’s different?
This time, staking may be included.
Validator economics and ETF design are starting to intersect.
@Convergent_so is building the infrastructure to support it.

[Pulse | Convergent @pulse_CVGT]

https://t.co/XjLJLhTKa9
Great to see healthy client diversity in Solana’s validator ecosystem—Jito‑Solana leads, while Firedancer & Sig bring essential redundancy. Paladin & TinyDancer add layers of fairness and access.
This is how a decentralized future takes shape.

[Pulse | Convergent @pulse_CVGT]

Stablecoins just hit $250B, and fully decentralized designs are surging. This market evolution validates @convergent_so's approach with $USV—Solana’s first decentralized stablecoin backed by yield-generating LST - JitoSOL.

With $CVGT still under a $5M market cap, we're early innings in a rapidly expanding market. Massive potential ahead.

[Delphi Digital @Delphi_Digital]

Stablecoin supply has passed $250 billion for the first time.

• Yield-bearing stablecoins are growing fast. Ethena has grown to nearly $6 billion since launch.
• Tether and Circle still dominate, holding a combined 86% of outstanding supply.
• Issuer diversity is increasing. 10+ stablecoins now exceed $100 million in circulation.
• Over $120 billion in U.S. Treasuries are locked inside stablecoins, forming a liquidity sink outside traditional markets.

The market looks very different from 2022.

[Convergent @convergent_so]

Only 3 days left in the $CVGT Trading Competition.
Did you check the leaderboard yet? Your wallet might be on it 👀
https://t.co/ArQMYH0dzJ

💠10 $SOL in rewards
💠Trade on @orca_so
💠 Bonus $1000 in $CVGT lucky draw still live

Don’t miss your chance.

[Pulse | Convergent @pulse_CVGT]

https://t.co/J5sUgzhKwj
Recently, Jito-Solana v2.2.15 released, syncing with Solana’s core v2.2.15 to ensure protocol compatibility and operational continuity.
For @Convergent_so, validator sync is critical - MEV capture, latency-sensitive execution, and infra-level alignment must remain stable across Jito-integrated strategies.
Time to build 💪

[Pulse | Convergent @pulse_CVGT]

https://t.co/brnfzYJNMR
@Jito_sol’s May recap shows focused execution: – Regulatory clarity on staking flows – CEX liquidity via Bullish, Gemini, OKX – DAO tokenomics roundtable – Institutional channels opened with FalconX Solid signal for liquid staking on Solana - bullish for @convergent_so

[Pulse | Convergent @pulse_CVGT]

JitoSOL now accounts for ~$100M in swap pool TVL and ~2% of all Solana DeFi trading volume, averaging $200–300M in weekly DEX turnover.
It’s also the only LST on Solana offering MEV rewards and sub-4bps slippage on $10M exits.
These are the primitives $USV is built on.
As Solana matures, we’re focused on enabling 0% interest stablecoin minting backed by assets with real depth and utility.
We launched $CVGT to start this transition. $USV is next.
https://t.co/QSqAUudVzi

[Pulse | Convergent @pulse_CVGT]

A lot of people asking me why JitoSOL 👀

[Jito @jito_sol]

"JitoSOL is the only LST on Solana that enables a user to instantly execute a $10M sell and have it absorbed for under 4 basis points of slippage."

Analysis by @push_xx ON–341: Liquid Staking on @ournetwork__: https://t.co/bljkK3Oxjv

[Pulse | Convergent @pulse_CVGT]

🐋🐋🐋

[Convergent @convergent_so]

We’re excited to bring $CVGT to @orca_so, one of the most liquid and intuitive platforms in the ecosystem.

While Convergent builds LST-backed stable assets like $USV, Orca offers a trusted platform for swaps and capital efficiency on Solana.

We’re expanding access to $CVGT and accelerating the next wave of liquid staking adoption.

The forge is hot. The ocean is deep.
$CVGT is now tradable on Orca.

Start swapping → https://t.co/LXIBGQGGsY

[Convergent @convergent_so]

Impressive Q1 from our partner @PythNetwork 🚀

Pyth Lazer’s ultra-fast price feeds are a game changer for onchain finance.

At Convergent, we rely on Pyth’s real-time data to ensure accurate collateral pricing for $USV, our decentralized, LST-backed stablecoin on Solana.

[Convergent @convergent_so]

✅ AMA Recap: Building Solana’s Stabblecoin Layer

Thanks to everyone who joined our AMA with @stabbleorg!

We explored:
– $USV + LST-backed stability
– Capital-efficient AMMs
– The rise of stabblecoins on Solana

Couldn’t make it? Catch the replay here👇
https://t.co/fbjQXXq4xD

[Pulse | Convergent @pulse_CVGT]

Join us now:
https://t.co/JSvo3oKf6N

[Convergent @convergent_so]

Our Telegram is open — connect with the team, community, and builders at the core.

Accelerate 💠

🔗https://t.co/2btEeP7DtU

[Convergent @convergent_so]

We’re going LIVE with @stabbleorg to explore how Solana-native stablecoins and liquidity infrastructure are evolving.

🎙 Topics:
- How $USV is building the foundation for stable liquidity on Solana
- The inner workings of stabble’s liquidity engine
- The role of LSTs, AMMs, and modular design in Solana DeFi

🗓 Date: May 20
⏰ Time: 4PM UTC
📍 Join here: https://t.co/rZecfsbwhJ

💬 Got a question? Drop it in the comments — top questions will win a share of $100 in $STB, courtesy of @stabbleorg.

[Pyth Network 🔮 @PythNetwork]

Proof of Pyth 🔮

[Convergent @convergent_so]

Convergent is proud to be #PoweredByPyth.
We integrate @PythNetwork’s real-time price feeds to enable accurate collateral valuation, stable liquidations, and secure borrowing in our LST-backed stablecoin system.
As we go live with $CVGT, we look forward to building toward a decentralized, open DeFi future—together 💠

[Pulse | Convergent @pulse_CVGT]

I’ve been thinking about this idea from Toly.
The ability to post transactions across any DA layer and merge them through a shared ordering mechanism isn’t just elegant, it’s directionally correct for where modular infrastructure is heading.
At Convergent, we’re building toward a future where execution becomes abstracted, liquidity flows freely, and users benefit from the most efficient path - automatically.
$CVGT was built with that flexibility in mind. $USV will take it further.
We chose Solana because of its performance ceiling, but we’ve always believed the future is modular, fluid, and chain-agnostic.
This post captures that perfectly.

[toly 🇺🇸 @toly]

Simple way to do this would be for the tx to reference the latest block headers from the potential DA layers. So MetaTX posted to Solana would included the last observed block form eth and celestia. This would mean it is guaranteed to be ordered after eth and celestia txs.

[Pulse | Convergent @pulse_CVGT]

GM 👀