Strata Senior USDe (srUSDe) stablecoin analytics
srUSDe is Strata's senior tranche over a USDe yield strategy; the junior tranche absorbs first-loss while exits depend on tranche liquidity, not 1:1 redemption.
Static Profile
Static stablecoin profile
Strata Senior USDe (srUSDe) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
Strata's senior tranche over a USDe yield strategy with junior capital absorbing first-loss; better structured than a plain loop, but still Ethena-dependent. Strata Senior USDe turns Ethena exposure into a senior tranche with junior capital absorbing first-loss risk via...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Senior tranche (ERC-4626 meta-vault) over Strata's CDO-style risk-tranched strategy that stakes USDe into Ethena sUSDe; the junior tranche (jrUSDe) provides first-loss capital and is paid a dynamic risk premium, giving senior holders principal protection and a benchmark-rate yield floor with uncapped sUSDe upside, while a junior-exhausting insolvency event can still impair senior principal
- Peg Mechanism
- srUSDe targets a stable senior NAV backed by USDe strategy collateral and junior-tranche subordination; exits depend on Strata tranche liquidity and settlement rules rather than a simple 1:1 stablecoin redemption
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Snippet Answer
Is srUSDe safe?
Pharos does not mark srUSDe as absolutely safe. Static metadata says Strata Senior USDe uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; 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 srusde-strata
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.
srUSDe quick answers
What is Strata Senior USDe (srUSDe)?
srUSDe is Strata's senior tranche over a USDe yield strategy; the junior tranche absorbs first-loss while exits depend on tranche liquidity, not 1:1 redemption. The static profile records its US Dollar peg mechanism as: srUSDe targets a stable senior NAV backed by USDe strategy collateral and junior-tranche subordination; exits depend on Strata tranche liquidity and settlement rules rather than a simple 1:1 stablecoin redemption
What backs srUSDe?
Pharos classifies srUSDe backing as Crypto-Collateralized. Collateral, per the static profile: Senior tranche (ERC-4626 meta-vault) over Strata's CDO-style risk-tranched strategy that stakes USDe into Ethena sUSDe; the junior tranche (jrUSDe) provides first-loss capital and is paid a dynamic risk premium, giving senior holders... Reserve evidence: live reserve feed configured.
Can srUSDe 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 srUSDe, when applicable, appear in the dossier below.