Underlying asset
sUSDai
Issued by USD.AI. The facts below were checked on the date shown, from the sources listed.
sUSDai is issued by USD.AI. What stands behind it: real-world credit. It is redeemed through a queue.
Facts
- Issuer
- USD.AI
- What stands behind it
- real-world credit
- Strategy
- loans against GPUs and DePIN hardware
- Valued in
- USD
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- borrowers off chain, code on chain
- Redemption
- redeems through a queue; the issuer's stated worst case is 30 days
- Who can change it
- a timelock · 48 h delay · covers code upgrades only; who holds the token's admin role (mint, burn, pause) could not be read 0x0eea1ee08611ff4a4e83bfe3916712751995639b (Arbitrum)
- Audits
- Cantina, 2025-05
Also named by the issuer, without a linked report: Quantstamp, ktl - Bug bounty
- up to $100,000 on Cantina
- Depends on
- none recorded
Other assets from the same issuer: USDai - Chains
- Arbitrum
- Checked
- 2026-10-01, from the issuer's own documents
- Sources
- https://docs.usd.ai/depositor/susdai
https://docs.usd.ai/usdai/how-it-works
https://docs.usd.ai/technical-overview/audits
https://docs.usd.ai/technical-overview/contract-addresses
https://cantina.xyz/portfolio/23dbab18-bbea-4184-8eb5-584faaf80903
https://cantina.xyz/bounties/32e64f2e-5f01-4a0b-bbe3-76f32c17b99f
Pendle markets on it
Live Pendle markets on this asset, as of 6 Oct 2026. Rates are not shown. Market data: Pendle.
| Chain | Maturity | Principal token |
|---|---|---|
| Arbitrum | 2026-10-15 | PT-sUSDai-15OCT2026 |
| Arbitrum | 2027-02-25 | PT-sUSDai-25FEB2027 |
Not found
What the research has not answered for this asset, said rather than left blank.
- All six questions are answered for this asset.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.