KAUT1$149.320.10%2.0% APY
KAGT1$52.053.08%0.1% APY
C1USDT2$1.0030.40%7.5% APY
USDCT2$1.000.01%0.0% APY
USDTT2$1.000.00%0.0% APY
BUIDLT2$1.0000.00%3.5% APY
BSTBLT2$1.000.00%0.0% APY
BRSRVT2$1.000.00%0.0% APY
USDYT2$1.140.05%3.5% APY
sUSDeT4$1.240.03%3.7% APY
KAUT1$149.320.10%2.0% APY
KAGT1$52.053.08%0.1% APY
C1USDT2$1.0030.40%7.5% APY
USDCT2$1.000.01%0.0% APY
USDTT2$1.000.00%0.0% APY
BUIDLT2$1.0000.00%3.5% APY
BSTBLT2$1.000.00%0.0% APY
BRSRVT2$1.000.00%0.0% APY
USDYT2$1.140.05%3.5% APY
sUSDeT4$1.240.03%3.7% APY
RWTS Compare

spUSDC vs PT-sUSDe

Side-by-side Trust Score comparison based on the RWTS Rating methodology. Six dimensions of structural trust, scored independently.

sp

Steakhouse Prime USDC

spUSDC
66T3
Back14/25PoR16/20Redeem12/15Audit12/15Reg7/15Track5/10
Trust Score
66
APY
4.07%
TVL
$106.79M
Higher Score
PT

Pendle PT-sUSDe

PT-sUSDe
68T4
Back12/25PoR16/20Redeem10/15Audit13/15Reg8/15Track9/10
Trust Score
68
APY
9.50%
TVL
$920.00M

Dimension Comparison

DimensionspUSDCPT-sUSDeMaxEdge
Asset Backing14+21225spUSDC
Proof of Reserves161620Tied
Redeemability12+21015spUSDC
Audit & Security1213+115PT-sUSDe
Regulatory Standing78+115PT-sUSDe
Track Record59+410PT-sUSDe
Total6668100PT-sUSDe+2

Key Facts

AttributespUSDCPT-sUSDe
TierT3: Secured DeFiT4: Synthetic & Structured
ChainBaseEthereum
Risk LevelLowMedium
BackingUSDC allocated by Steakhouse Financial across Morpho V2 lending marketssUSDe principal token (Ethena sUSDe underlying)
ProtocolMorphoPendle
Lock-upNone (same-block redemption when underlying liquidity available)Fixed maturity (varies by pool)
AuditedYesYes

spUSDC Details

Full profile and yield calculator

PT-sUSDe Details

Full profile and yield calculator

RWTS Methodology

How scores are calculated

This comparison is based on the RWTS Trust Score framework and is not financial advice. It does not constitute a recommendation to buy, sell, or hold either asset. Always conduct your own due diligence.