---
title: "Resupply USD (REUSD) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/reusd-resupply/"
description: "Build-time stablecoin profile for Resupply USD (REUSD). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-06-03"
---



# Resupply USD (REUSD)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** active

## Overview

A CDP coin minted against Curve Lend and Fraxlend vault shares — recursive yield wrapped in a token, with a 1% redemption-fee floor.

Resupply's reUSD wraps Curve Lend and Fraxlend vault shares into a dollar token whose collateral is itself earning yield on other stablecoins — turtles of leverage atop a 1% {{term:redemption}}redemption{{/term}} fee floor sourced from a {{term:cdp}}CDP{{/term}} architecture. The C- report card and hundreds of recorded depeg events tell the tale of exotic collateral doing exotic things, though supply has stabilized around $35M after a slight contraction from last week's $37M. DEX liquidity is concentrated (HHI 0.59) across just 6 pools with an effective TVL of only $825K, meaning any serious exit would blow through the order book. reUSD tends to camp in the watch end of the stress scale rather than the calm one, and with a yield-to-risk ratio under 0.02 the market correctly prices it as a recursive instrument rather than a stable store of value — you hold this to farm, not to park.

## Collateral

crvUSD and frxUSD lending vault tokens from Curve Lend and Fraxlend

## Peg Mechanism

Communal redemption model with 1% fee establishing a price floor; borrow rate is the higher of half the lending rate, half the sfrxUSD rate, or 2%; underlying collateral depends on crvUSD/frxUSD ecosystems which rely on centralized stablecoin peg keepers

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x57ab1e0003f623289cd798b1824be09a793e4bec` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/reusd-resupply.