KAUT1$132.780.14%0.5% APY
KAGT1$59.751.46%0.1% APY
C1USDT2$0.9990.25%7.5% APY
USDCT2$1.000.02%0.0% APY
USDTT2$1.000.04%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$1.150.07%3.6% APY
sUSDeT4$1.250.00%5.0% APY
KAUT1$132.780.14%0.5% APY
KAGT1$59.751.46%0.1% APY
C1USDT2$0.9990.25%7.5% APY
USDCT2$1.000.02%0.0% APY
USDTT2$1.000.04%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$1.150.07%3.6% APY
sUSDeT4$1.250.00%5.0% 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
65T3
Back14/25PoR16/20Redeem11/15Audit12/15Reg7/15Track5/10
Trust Score
65
APY
4.07%
TVL
--
Higher Score
PT

Pendle PT-sUSDe

PT-sUSDe
67T4
Back12/25PoR16/20Redeem9/15Audit13/15Reg8/15Track9/10
Trust Score
67
APY
9.50%
TVL
--

Dimension Comparison

DimensionspUSDCPT-sUSDeMaxEdge
Asset Backing14+21225spUSDC
Proof of Reserves161620Tied
Redeemability11+2915spUSDC
Audit & Security1213+115PT-sUSDe
Regulatory Standing78+115PT-sUSDe
Track Record59+410PT-sUSDe
Total6567100PT-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

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.