PROTOTYPE — simulated environment on Base Sepolia testnet. No real funds, no regulated activity. Built by Veridian Protocol Technologies for demonstration to prospective acquirers.
Working prototype · Simulated environment

The yield-bearing synthetic dirham

DRHM is an AED-pegged digital currency platform: par mint and redemption, four yield vaults over a multi-layer reserve, instant payments, remittance corridors, and on-chain savings circles — designed for the CBUAE PTSR framework with Shariah-aligned architecture.

Built by Veridian Protocol Technologies — FZCO (DIEZA, Dubai Silicon Oasis) as a demonstration asset. Veridian is a technology developer and IP vendor; the protocol is designed for operation by an appropriately licensed acquirer. All balances are simulated.

Protocol snapshot

simulated · updates live
DRHM supply
512.40M
Insurance fund
AED 50.00M
Perp funding (ann.)
9.21%
Peg
1.0000 AED
Reserve composition
UAE Sovereign Sukuk62.0%
Liquid AED / Bank Deposits15.0%
DMCC Tokenized Gold8.0%
Delta-Neutral Perp Hedge10.0%
Dubai RE Tokens2.0%
Trade Finance Receivables3.0%

One protocol, four instruments

A payments token, three risk-tiered savings vaults, and a pure sovereign reserve token — all redeemable at par through the same reserve engine.

DRHM
The synthetic dirham

AED-pegged, freely transferable, redeemable at par. The payments and remittance rail.

sDRHM-C
4.7% APY
Conservative

Shariah-certified savings. 95% UAE sovereign sukuk + 5% DMCC gold.

sDRHM-B
9.8% APY
Balanced

Flagship vault. 80% sukuk + 10% perpetual hedge + 10% gold & trade finance.

sDRHM-A
18.0% APY
Aggressive

DeFi-native yield. 50% sukuk + 30% perpetual hedge + 20% RWA.

A complete financial backbone

Par mint & redeem

1:1 AED mint and redemption with oracle circuit-breakers and risk-sentinel pause controls.

Yield vaults

ERC-4626 style vaults across three risk tiers plus a pure T-bill reserve token. Daily-accruing share price, cooldown-gated exit.

Payments

Instant P2P transfers by handle, recurring payment scheduler, programmable treasury sweeps.

Remittance corridors

UAE → India, Pakistan, Philippines, Bangladesh at 0.40% flat vs 3–5% traditional rails.

Savings circles

On-chain ROSCA: pooled contributions earn vault yield while queued, distribution enforced by contract logic.

Operator console

Reserve allocation within governance bounds, AI treasury agent log, risk sentinel feed, institutional mint queue.

Built by Veridian. Operated by you.

This platform is a deployed demonstration of the DRHM protocol IP, available for acquisition or licensing by appropriately licensed operators. Veridian Protocol Technologies does not operate the protocol and does not hold CBUAE PTSR or VARA approvals.