Elixir Staked deUSD
SDEUSD
Evaluation Score
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AI Analysis
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SDEUSD (Elixir Staked deUSD) is the staked derivative receipt token of deUSD, a synthetic dollar issued by Elixir. Active Development could not be scored due to insufficient data (-1.0) as core team development ceased following protocol sunsetting, and its weight was redistributed across the remaining sections. SDEUSD suffers from a fatal qualifying red-flag event: as documented in the Security analysis, "In early November 2025, Elixir announced it was shutting down / winding down deUSD after Stream Finance disclosed a roughly $93 million loss that impaired deUSD's collateral backing." This massive counterparty collateral failure triggered the complete wind-down of deUSD and sdeUSD, leaving total value locked at $0 and 0.00% of supply staked. With both deUSD and sdeUSD officially deprecated, sunset, and retired, the asset has no functioning continuity or economic utility.
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Tokenomics
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Security & Audits
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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.