Metronome Synth USD (MSUSD) stablecoin analytics
msUSD is Metronome's overcollateralized synth stablecoin minted against USDC, DAI, ETH, WBTC, and Vesper yield tokens at 75-85% CF, with no direct redemption.
Static Profile
Static stablecoin profile
Metronome Synth USD (MSUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
Pre-yield-farming overcollateralized synth dollar minted against USDC, Vesper yield tokens, DAI, and ETH/BTC; no direct redemption, only debt repayment, with a recent supply spike that breaks years of stasis. Metronome's msUSD is a synthetic dollar from the pre-yield-farming...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- USDC, DAI, ETH, WBTC, sfrxETH, and Vesper Finance yield-bearing tokens (vaUSDC, vaETH, vaSTETH, vaRETH, vaCBETH); FRAX and vaFRAX accepted but currently inactive; collateral factors range 75–85%
- Peg Mechanism
- Overcollateralized CDP: users deposit crypto collateral (CF 75–85%) to mint msUSD at a fixed 1% annual fee; no direct redemption — only debt repayment to reclaim collateral. Peg maintained by zero-slippage intra-protocol synth swaps (Synth Marketplace) that arbitrageurs exploit when msUSD trades below par, plus collateral-provider buybacks of discounted msUSD
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is MSUSD safe?
Pharos does not mark MSUSD as absolutely safe. Static metadata says Metronome Synth USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety msusd-metronome
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
MSUSD quick answers
What is Metronome Synth USD (MSUSD)?
msUSD is Metronome's overcollateralized synth stablecoin minted against USDC, DAI, ETH, WBTC, and Vesper yield tokens at 75-85% CF, with no direct redemption. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP: users deposit crypto collateral (CF 75–85%) to mint msUSD at a fixed 1% annual fee; no direct redemption — only debt repayment to reclaim collateral. Peg maintained by zero-slippage intra-protocol synth swaps...
What backs MSUSD?
Pharos classifies MSUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC, DAI, ETH, WBTC, sfrxETH, and Vesper Finance yield-bearing tokens (vaUSDC, vaETH, vaSTETH, vaRETH, vaCBETH); FRAX and vaFRAX accepted but currently inactive; collateral factors range 75–85% Reserve evidence: curated reserve profile.
Can MSUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for MSUSD, when applicable, appear in the dossier below.