RWTS Compare
PT-sUSDe vs mUSDC-G
Side-by-side Trust Score comparison based on the RWTS Rating methodology. Six dimensions of structural trust, scored independently.
Pendle PT-sUSDe
PT-sUSDe
68T4
Trust Score
68
APY
9.50%
TVL
$920.00M
Higher Score
Morpho USDC Vault (Gauntlet)
mUSDC-G
76T3
Trust Score
76
APY
9.50%
TVL
$820.00M
Dimension Comparison
| Dimension | PT-sUSDe | mUSDC-G | Max | Edge |
|---|---|---|---|---|
| Asset Backing | 12 | 14+2 | 25 | mUSDC-G |
| Proof of Reserves | 16 | 17+1 | 20 | mUSDC-G |
| Redeemability | 10 | 13+3 | 15 | mUSDC-G |
| Audit & Security | 13 | 14+1 | 15 | mUSDC-G |
| Regulatory Standing | 8 | 10+2 | 15 | mUSDC-G |
| Track Record | 9+1 | 8 | 10 | PT-sUSDe |
| Total | 68 | 76 | 100 | mUSDC-G+8 |
Key Facts
| Attribute | PT-sUSDe | mUSDC-G |
|---|---|---|
| Tier | T4: Synthetic & Structured | T3: Secured DeFi |
| Chain | Ethereum | Ethereum |
| Risk Level | Medium | Medium |
| Backing | sUSDe principal token (Ethena sUSDe underlying) | USDC deposits lent via curated lending markets |
| Protocol | Pendle | Morpho |
| Lock-up | Fixed maturity (varies by pool) | None (flexible withdrawal) |
| Audited | Yes | Yes |
PT-sUSDe Details
Full profile and yield calculator
mUSDC-G 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.