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    Ethena Staked USDe

    SUSDE

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    07.010
    Risk Level:
    Medium
    Recommendation:Speculative position only
    Evaluated:May 11, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Ethena Staked USDe (SUSDE) Overall Evaluation

    • Development & Security (Score: 7/10)
      Active GitHub maintenance with regular commits, CI pipelines, and timely issue resolution. Two formal audits (CertiK, PeckShield) and an ongoing bug-bounty program underpin a robust security posture.

    • Tokenomics & Use Case (Score: 7/10)
      A 1:1 mint/burn yield-bearing stablecoin that passively accrues protocol revenue without inflation. Strong utility as collateral across Arbitrum DeFi, though dependent on USDe peg stability and competitive yields.

    • Community & Market Position (Score: 6/10)
      Moderate social media growth and active Discord/Telegram engagement signal genuine interest, but overall reach is still modest. Faces stiff competition in the yield-stable niche.

    • Team & Governance Risks (Score: 4/10)
      Centralized decision-making by a small core team with no on‐chain governance. Limited public track record and no direct token-holder voting elevate counterparty risk.

    Conclusion: SUSDE offers an attractive, low-volatility yield solution with solid technical foundations but carries governance centralization and competitive pressures. Prospective investors should weigh steady protocol health against limited decentralization.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    07.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    06.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    07.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    07.010

    Team & Governance

    Team background and project governance

    RiskReturn
    04.010

    Security & Audits

    Security history and audit status

    RiskReturn
    07.010

    About Ethena Staked USDe (SUSDE)

    Ethena Staked USDe (SUSDE)

    Ethena Staked USDe (SUSDE) is a yield-bearing stablecoin— the staked version of Ethena’s USDe. As an ERC-20 token on the Arbitrum network, SUSDE delivers automated yield accrual while maintaining a 1:1 peg to USDe.

    Key Features

    • Yield-Bearing Stablecoin: Hold SUSDE to automatically earn protocol-derived returns on your USDe deposits.
    • 1:1 Peg to USDe: Seamless minting and redemption at a fixed ratio ensures price stability.
    • ERC-20 / Arbitrum: Fully compatible with Arbitrum-based DeFi platforms, wallets, and smart contracts.

    Use Cases

    • Passive Yield: Convert USDe into SUSDE for continuous yield without active management.
    • DeFi Collateral: Leverage SUSDE as stable collateral in lending, borrowing, derivatives, and yield farming.

    Token Name: Ethena Staked USDe
    Symbol: SUSDE
    Standard: ERC-20
    Network: Arbitrum

    Learn more: Ethena Finance Official Website

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