USD Somnia (USDso) stablecoin analytics
Answer First
What is USD Somnia (USDso)?
Frax-issued USDso wraps frxUSD on Somnia, with on-chain parent-token redemption and administrator-controlled issuance and custody. The static profile records its US Dollar peg mechanism as: The BrandedCustodian burns caller-owned USDso and returns frxUSD.
Is USDso safe?
Pharos does not mark USDso as absolutely safe. Static metadata says USD Somnia uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from On-chain parent-token custody; not independent financial assurance; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
USD Somnia (USDso) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
Variant Relationship
USD Somnia (USDso) is modeled as a pure wrapper variant of Frax USD (FRXUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Oct 2, 2026
USDso is a Frax-issued Somnia dollar backed by frxUSD in a local BrandedCustodian. The reviewed custodian held frxUSD equal to outstanding USDso and offered zero-fee, same-chain parent-token redemption under its current configuration. Somnia's terms give holders no reserve-yield entitlement and place redemption responsibility with Frax rather than the website operator. A 3-of-6 Safe controls the token's proxy and the custodian's beacon, so it can replace the logic that governs issuance and backing.
- Collateral
- Somnia frxUSD held by the local BrandedCustodian; Treasury funds and other cash-equivalent reserves sit upstream in frxUSD.
- Peg Mechanism
- The BrandedCustodian burns caller-owned USDso and returns frxUSD. At the pin, custodianTkn() was Somnia frxUSD 0x00000000d61733e7a393a10a5b48c311abe8f1e5; totalAssets(), brandedCoinMinted(), actual frxUSD custody and child supply matched. previewRedeem(1e18)=1e18, redeemFee()=0 and isolatedBackingEnabled()=false. The terms identify Frax Inc. and/or affiliates as issuer, disclaim Somnia fiat-redemption responsibility and exclude a holder yield entitlement.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by On-chain parent-token custody; not independent financial assurance Reserve source
- Contracts
- 1 deployment tracked across Somnia.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdso-somnia
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 Oct 2, 2026.
USDso quick answers
What is USD Somnia (USDso)?
Frax-issued USDso wraps frxUSD on Somnia, with on-chain parent-token redemption and administrator-controlled issuance and custody. The static profile records its US Dollar peg mechanism as: The BrandedCustodian burns caller-owned USDso and returns frxUSD.
Is USDso safe?
Pharos does not mark USDso as absolutely safe. Static metadata says USD Somnia uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from On-chain parent-token custody; not independent financial assurance; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs USDso?
Pharos classifies USDso backing as Real-World Asset Backed. Collateral, per the static profile: Somnia frxUSD held by the local BrandedCustodian; Treasury funds and other cash-equivalent reserves sit upstream in frxUSD. Reserve evidence: Real-Time PoR from On-chain parent-token custody; not independent financial assurance.
Can USDso be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDso, when applicable, appear in the dossier below.
