Staked USDe receipt token accruing protocol revenue. Savings asset, not a separate pegged stablecoin.
Metadata
Peg targetUSD
Sub-categoryStaked Stablecoin
IssuerView entity
ChainsArbitrum One
Arbitrum nativeNo
LiveLive
Founded—
Off-chain facts
- Yield SourceUpdated periodically
sUSDe accrues Ethena protocol revenue — perpetual funding/basis on the delta-neutral hedge plus yield on liquid stablecoin reserves.
Ethena docs