KAUT1$104.882.95%3.0% APY
KAGT1$58.031.20%0.1% APY
C1USDT2$0.9980.40%7.5% APY
USDCT2$1.000.00%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$1.140.71%3.5% APY
sUSDeT4$1.230.02%3.7% APY
KAUT1$104.882.95%3.0% APY
KAGT1$58.031.20%0.1% APY
C1USDT2$0.9980.40%7.5% APY
USDCT2$1.000.00%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$1.140.71%3.5% APY
sUSDeT4$1.230.02%3.7% APY
RWTS Compare

PT-stETH vs mUSDC-SH

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

PT

Pendle PT-stETH

PT-stETH
71T3
Back14/25PoR16/20Redeem11/15Audit13/15Reg8/15Track9/10
Trust Score
71
APY
4.60%
TVL
$590.00M
Higher Score
mU

Morpho USDC Vault (Steakhouse)

mUSDC-SH
79T3
Back15/25PoR18/20Redeem13/15Audit14/15Reg10/15Track9/10
Trust Score
79
APY
4.28%
TVL
$1.22B

Dimension Comparison

DimensionPT-stETHmUSDC-SHMaxEdge
Asset Backing1415+125mUSDC-SH
Proof of Reserves1618+220mUSDC-SH
Redeemability1113+215mUSDC-SH
Audit & Security1314+115mUSDC-SH
Regulatory Standing810+215mUSDC-SH
Track Record9910Tied
Total7179100mUSDC-SH+8

Key Facts

AttributePT-stETHmUSDC-SH
TierT3: Secured DeFiT3: Secured DeFi
ChainEthereumEthereum
Risk LevelLowLow
BackingstETH principal token (Lido stETH underlying)USDC deposits lent via curated lending markets
ProtocolPendleMorpho
Lock-upFixed maturity (varies by pool)None (flexible withdrawal)
AuditedYesYes

PT-stETH Details

Full profile and yield calculator

mUSDC-SH 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.