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PHAROSlive stablecoin signals

Staked USN (sUSN) stablecoin analytics

sUSN is Noon's staking wrapper of USN; share price accrues yield from private credit, CLOs, DeFi lending, and T-bills, with delta-neutral CEX strategies on top.

Static Profile

Static stablecoin profile

Staked USN (sUSN) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated May 15, 2026

sUSN is Noon's staking wrapper of USN — NAV appreciates from a private-credit, CLO, DeFi-lending, and T-bill mix layered with delta-neutral CEX strategies, but final redemption still inherits Noon whitelisting and USN reserve constraints. sUSN is the staked savings form of Noon...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
USN deposited into Noon's staking wrapper; backing inherits Noon's Accountable-disclosed private credit, CLO, DeFi lending, principal-token, and Treasury-bill reserve mix
Peg Mechanism
Stake USN to receive sUSN; sUSN appreciates against USN as Noon strategy yield accrues, while final exits inherit Noon's 1:1 USN mint/redeem and reserve-liquidity constraints
Jurisdiction
Not disclosed in the static profile.
Proof Of Reserves
Real-Time PoR by Accountable Reserve source
Contracts
4 deployments tracked across Ethereum, zkSync, Sophon, and Starknet.

Snippet Answer

Is sUSN safe?

Pharos does not mark sUSN as absolutely safe. Static metadata says Staked USN uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Real-Time PoR from Accountable; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. 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 susn-noon

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.

sUSN quick answers

What is Staked USN (sUSN)?

sUSN is Noon's staking wrapper of USN; share price accrues yield from private credit, CLOs, DeFi lending, and T-bills, with delta-neutral CEX strategies on top. The static profile records its US Dollar peg mechanism as: Stake USN to receive sUSN; sUSN appreciates against USN as Noon strategy yield accrues, while final exits inherit Noon's 1:1 USN mint/redeem and reserve-liquidity constraints

What backs sUSN?

Pharos classifies sUSN backing as Real-World Asset Backed. Collateral, per the static profile: USN deposited into Noon's staking wrapper; backing inherits Noon's Accountable-disclosed private credit, CLO, DeFi lending, principal-token, and Treasury-bill reserve mix Reserve evidence: Real-Time PoR from Accountable.

Can sUSN be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for sUSN, when applicable, appear in the dossier below.