Reservoir srUSD
SRUSD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Reservoir srUSD (SRUSD) is a yield-bearing savings receipt token minted against rUSD. While the protocol completed third-party smart contract audits (including Halborn) and maintains a clean security record with no exploits, the token faces severe adoption and liquidity challenges. Public development has shifted to a maintenance posture with focus moving to other ecosystem assets, and governance remains centralized with an anonymous/pseudonymous team. A critical data gap was identified in Community Support (scored -1.0 due to lack of active forum or community metrics and $0 volume), which was excluded from the weighted score calculation. Moreover, section findings indicate the token appears defunct or deprecated with trading halted across listed venues, negligible liquidity (<$1M market cap, ~$0 24h volume), and minimal active holders.
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 Reservoir srUSD (SRUSD)
Reservoir srUSD (SRUSD) is an interest-bearing savings receipt token issued by the Reservoir protocol that appears to be defunct or deprecated, with trading reported as halted across listed exchange venues. Launched on November 7, 2024, across the Ethereum and Berachain networks, srUSD operates as a staked position token for the underlying rUSD stablecoin. It was designed to accrue diversified yield generated from real-world assets, lending markets, and decentralized finance protocols, supported by published proof-of-reserves data.
The token launched with an initial $25 million mint cap and organic supply dynamics without protocol-driven inflation or traditional vesting schedules. In addition to yield accrual, its design allowed for composability in decentralized finance, including integration as collateral on Morpho. Smart contract security assessments have included third-party audits by firms such as Halborn (covering the wrapped token and rebalance contracts), Morpho, and LayerZero, and the protocol has recorded no smart contract exploits, hacks, or depeg events.
However, srUSD faces severe adoption and liquidity limitations, maintaining a micro-cap valuation below $1 million, roughly 510 holders on Ethereum, and effectively zero 24-hour trading volume. Following its initial rollout, public development shifted toward points programs and other ecosystem tokens rather than ongoing srUSD feature development. Furthermore, governance remains centralized under an anonymous or pseudonymous development team without public on-chain voting or a decentralized autonomous organization (DAO).