YieldFi yUSD (YUSD) stablecoin analytics
YieldFi yUSD is an ERC-4626 vault over USDC, allocating across Pendle PTs, Morpho and Silo vaults, and private-credit strategies for yield over the dollar.
Static Profile
Static stablecoin profile
YieldFi yUSD (YUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
Variant Relationship
YieldFi yUSD (YUSD) is modeled as a strategy vault variant of USD Coin (USDC). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Aug 8, 2026
YieldFi's yUSD is an ERC-4626 share over USDC that its manager routes into Pendle principal tokens, Morpho and Silo vaults, private credit, and hedged carry — a discretionary allocation mandate wearing a dollar's clothing. Its backing pillar scores near the top of the scale...
AI summary · drafted by claude-opus-5[1m] · facts as of Aug 8, 2026
- Collateral
- USDC deposited into the yUSD ERC-4626 vault and allocated by YieldFi's manager across Pendle principal tokens, Morpho and Silo lending vaults, private-credit positions, and market-neutral/delta-neutral strategies (private LP deals, hedged carry, basis, and funding-rate spreads across whitelisted protocols)
- Peg Mechanism
- ERC-4626 share over USDC priced at NAV ((Series Assets - Series Liabilities) / tokens outstanding), valued at least twice weekly using Chainlink oracles; value tracks the dollar through delta-neutral strategy returns rather than direct redemption against fiat reserves
- Jurisdiction
- British Virgin Islands
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is YUSD safe?
Pharos does not mark YUSD as absolutely safe. Static metadata says YieldFi yUSD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; 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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety yusd-yieldfi
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 Aug 8, 2026.
YUSD quick answers
What is YieldFi yUSD (YUSD)?
YieldFi yUSD is an ERC-4626 vault over USDC, allocating across Pendle PTs, Morpho and Silo vaults, and private-credit strategies for yield over the dollar. The static profile records its US Dollar peg mechanism as: ERC-4626 share over USDC priced at NAV ((Series Assets - Series Liabilities) / tokens outstanding), valued at least twice weekly using Chainlink oracles; value tracks the dollar through delta-neutral strategy returns rather than direct...
Is YUSD safe?
Pharos does not mark YUSD as absolutely safe. Static metadata says YieldFi yUSD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; 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 YUSD?
Pharos classifies YUSD backing as Crypto-Collateralized. Collateral, per the static profile: USDC deposited into the yUSD ERC-4626 vault and allocated by YieldFi's manager across Pendle principal tokens, Morpho and Silo lending vaults, private-credit positions, and market-neutral/delta-neutral strategies (private LP deals, hedged... Reserve evidence: live reserve feed configured.
Can YUSD 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 YUSD, when applicable, appear in the dossier below.