Staked USDp
SUSDPProject Safety Score
Updated 3 weeks, 3 days agosUSDp (Savings USDp) is the yield-bearing staked version of USDp, the decentralized USD stablecoin of Parallel Protocol. Parallel is a modular, overcollateralized, and decentralized stablecoin protocol backed by a basket of yield-generating assets including sfrxUSD and sUSDe. When users deposit USDp into the Parallel Savings Module — an ERC-4626 compliant vault — they receive sUSDp in return. sUSDp accrues value block by block, capturing 70% of the protocol fees generated by the Parallelizer, Bridging, and Flash Loan modules. USDp is designed to be freely swappable with USDC at oracle value with no fees and no slippage. The protocol is governed by its DAO and is deployed across Ethereum, Base, Avalanche, and HyperEVM.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
