---
title: "River Stablecoin (satUSD) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/satusd-river/"
description: "Build-time stablecoin profile for River Stablecoin (satUSD). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# River Stablecoin (satUSD)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** Decentralized (DeFi)

**Status:** active

## Overview

A purist Omni-CDP that refuses centralized stablecoin collateral and accepts BTC/ETH/BNB/LSTs only — ideologically pure, but peg stability has paid the price.

River's satUSD makes a deliberate choice: no centralized stablecoin collateral accepted, only BTC, ETH, BNB, and LSTs — a principled stance that earns an A+ in dependency risk but costs it a peg score in the sixties with over 200 depeg events including one that hit nearly 4,500 basis points. The Omni-{{term:cdp}}CDP{{/term}} architecture lets users deposit collateral on one chain and mint satUSD on another via LayerZero {{term:bridge}}bridging{{/term}}, spreading across eleven chains including some classified as unproven — a deployment breadth that triggers decentralization penalties despite the protocol's genuinely decentralized governance as a Liquity V1 fork. The 88-rated {{term:redemption}}redemption{{/term}} backstop offers permissionless atomic access to blue-chip collateral via {{term:overcollateralization}}overcollateralized{{/term}} positions, but with minimal DEX liquidity across all chains, the secondary market is paper-thin. satUSD is the most ideologically pure CDP at scale, but purity and peg stability have proven to be competing objectives.

## Collateral

BTC, ETH, BNB, and liquid staking tokens; no centralized stablecoin collateral accepted

## Peg Mechanism

Omni-CDP overcollateralized by BTC, ETH, BNB, or LSTs; collateral stays on its source chain and satUSD is minted natively on the destination chain via LayerZero OFT messaging; peg maintained through stability pools, on-chain liquidations, and $1-of-collateral redemption arbitrage

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x1958853a8be062dc4f401750eb233f5850f0d0d2` | 18 |
| arbitrum | `0xb4818bb69478730ef4e33cc068dd94278e2766cb` | 18 |
| base | `0x70654aad8b7734dc319d0c3608ec7b32e03fa162` | 18 |
| bsc | `0xb4818bb69478730ef4e33cc068dd94278e2766cb` | 18 |
| sonic | `0xb4818bb69478730ef4e33cc068dd94278e2766cb` | 18 |
| bob | `0xecf21b335b41f9d5a89f6186a99c19a3c467871f` | 18 |
| bitlayer | `0xba50ddac6b2f5482ca064efac621e0c7c0f6a783` | 18 |
| bsquared | `0x8dd8b12d55c73c08294664a5915475ed1c8b1f6f` | 18 |
| hemi | `0xb4818bb69478730ef4e33cc068dd94278e2766cb` | 18 |
| bevm | `0x2031c8848775a5efb7cff2a4edbe3f04c50a1478` | 18 |

## Live Data

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