RWTS Compare
sUSDe vs USDT
Side-by-side Trust Score comparison based on the RWTS Rating methodology. Six dimensions of structural trust, scored independently.
Staked USDe
sUSDe
61T4
Trust Score
61
APY
5.01%
TVL
$1.23B
Higher Score
Tether USD
USDT
64T2
Trust Score
64
APY
0.00%
TVL
$184.25B
Dimension Comparison
| Dimension | sUSDe | USDT | Max | Edge |
|---|---|---|---|---|
| Asset Backing | 6 | 18+12 | 25 | USDT |
| Proof of Reserves | 16+5 | 11 | 20 | sUSDe |
| Redeemability | 13 | 13 | 15 | Tied |
| Audit & Security | 12+4 | 8 | 15 | sUSDe |
| Regulatory Standing | 7+1 | 6 | 15 | sUSDe |
| Track Record | 7 | 8+1 | 10 | USDT |
| Total | 61 | 64 | 100 | USDT+3 |
Key Facts
| Attribute | sUSDe | USDT |
|---|---|---|
| Tier | T4: Synthetic & Structured | T2: Treasury & Fiat-Backed |
| Chain | Ethereum | Ethereum |
| Risk Level | Medium | Medium |
| Backing | ETH/BTC collateral + short perp positions (delta-neutral) | U.S. Treasury bills, repo, cash & other reserves (Tether attestations) |
| Protocol | Ethena | Tether |
| Lock-up | 7-day cooldown on unstaking | None (direct 1:1 redemption $100k min; retail via exchanges) |
| Audited | Yes | No |
sUSDe Details
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USDT Details
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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.