sUSDe (Staked USDe) product
Overview
sUSDe (Staked USDe) is a yield-bearing token from Ethena Labs. It denotes USDe locked in the protocol. The token accumulates earnings from the delta-neutral hedging approach of the base USDe, which obtains returns through futures funding rates and basis trades. In DeFi, sUSDe functions as a savings instrument or collateral.
Within The Counterparty graph, sUSDe (Staked USDe) connects to 6 tracked entities, most strongly to USDe (Ethena Synthetic Dollar), Ethena Labs, PT-sUSDe (Ethena).
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
staked_as | USDe (Ethena Synthetic Dollar) | 95% |
issued | Ethena Labs | 90% |
underlies | PT-sUSDe (Ethena) | 90% |
collateral_on | Aave V3 | 85% |
used_for_points | Ethena Labs | 85% |
allocated_to_susde | MakerDAO | 85% |
Frequently asked questions
What is sUSDe (Staked USDe)?
sUSDe (Staked USDe) is a product tracked in The Counterparty knowledge graph. It is connected to 6 other tracked entities, most strongly to USDe (Ethena Synthetic Dollar), Ethena Labs, PT-sUSDe (Ethena).
What type of entity is sUSDe (Staked USDe)?
sUSDe (Staked USDe) is classified as a product (product) in The Counterparty knowledge graph.
What is sUSDe (Staked USDe) connected to?
In The Counterparty knowledge graph, sUSDe (Staked USDe) is linked to 6 other tracked entities, most strongly to USDe (Ethena Synthetic Dollar), Ethena Labs, PT-sUSDe (Ethena).