Elixir Staked deUSD
SDEUSD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for SDEUSD.
AI Analysis
Comprehensive evaluation of the token
SDEUSD (Elixir Staked deUSD) has suffered a catastrophic systemic failure and is currently in a confirmed 'sunset' phase, rendering it an uninvestable asset. While the project initially boasted a robust theoretical framework—reflected in a high Tokenomics score (8.2/10) for its real-yield design—this potential was obliterated by a critical bad debt incident involving partner Stream Finance, resulting in a ~$93 million loss and the collapse of the token's backing. Consequently, Active Development (0.5/10) has effectively ceased, focusing solely on winding down operations and processing partial redemptions. Despite early Tier-1 backing and clean code audits, the scores for Team and Governance (1.0/10) and Security (2.0/10) have plummeted due to severe counterparty mismanagement and serious fraud allegations against the leadership. Community Support (1.5/10) is now characterized by toxicity and distress regarding stuck funds and the asset's depeg. With the protocol discontinued and the stablecoin retired, SDEUSD possesses no forward-looking utility.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Elixir Staked deUSD (SDEUSD)
Elixir Staked deUSD (SDEUSD)
Elixir Staked deUSD (SDEUSD) is an ERC-20 token that represents a 1:1 stake in deUSD held within the Elixir protocol. By staking deUSD, users receive SDEUSD, enabling continuous yield accrual, on-chain liquidity, and governance participation—while maintaining a stablecoin peg.
Key Features
- 1:1 Peg to deUSD: Each SDEUSD token is backed by one deUSD in the Elixir staking contract.
- Automated Yield: Staking rewards are automatically rebased into your SDEUSD balance.
- DeFi Composability: Fully ERC-20 compatible for seamless integration with DeFi platforms and liquidity pools.
- Governance Rights: Holders can vote on Elixir protocol proposals and parameter adjustments.
- Security & Audits: Smart contracts audited by leading blockchain security auditors.
Token Details
| Property | Value | | ---------- | ----------------- | | Name | Elixir Staked deUSD | | Symbol | SDEUSD | | Standard | ERC-20 | | Network | Arbitrum One |
About Elixir
Elixir is a decentralized protocol designed for optimized stablecoin liquidity and capital efficiency across multiple chains. SDEUSD extends the deUSD ecosystem by offering staked exposure, on-chain liquidity, and governance in a single tokenized asset.
For contract details and the latest documentation, visit the official Elixir website or check the Arbitrum block explorer.