Sperax is a financial ecosystem built on Arbitrum, BNB Chain, and other EVM networks. Its core consists of USDs, a gas-free, auto-yielding stablecoin backed by on-chain collateral, and SPA, the governance and value-accrual token. The system utilizes AI-driven smart agents to automate capital management.

The ecosystem enables automated yield farming, risk-managed investing, and treasury operations. USDs automatically distributes yield to holders, while SPA is used for governance, paying protocol fees, and registering agents. It provides tools for individuals, DAOs, and fintechs to generate passive income and automate financial processes.