Profile
srUSD profile facts
Savings rUSD (srUSD) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg rUSD-denominated NAV.
Variant relationship
Savings rUSD (srUSD) is modeled as a savings variant of Reservoir rUSD (rUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
- Collateral
- Yield-bearing Reservoir savings token backed by the Reservoir balance sheet: stablecoin PSM liquidity, RWA allocations, Morpho/Euler lending vaults, and governance-approved credit strategies monitored through Reservoir's on-chain proof-of-reserves endpoint
- Peg mechanism
- srUSD accrues protocol yield against rUSD. Holders can exit srUSD to rUSD, while rUSD is minted and redeemed through Reservoir's PSM against supported stablecoins subject to protocol liquidity and risk controls.
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- Real-Time PoR by Reservoir Protocol Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
srUSD quick answers
5
What is Savings rUSD (srUSD)?
srUSD is Reservoir's savings wrapper of rUSD; share price accrues yield from RWA, lending vaults, and credit strategies on the Reservoir balance sheet. The static profile records its rUSD-denominated NAV accounting mechanism as: srUSD accrues protocol yield against rUSD. Holders can exit srUSD to rUSD, while rUSD is minted and redeemed through Reservoir's PSM against supported stablecoins subject to protocol liquidity and risk controls.
Is srUSD safe?
As of Nov 8, 2026, Pharos grades srUSD D (49/100) on its Safety Score. Pharos's reviews record that freeze exposure is inherited through upstream collateral, custody or wrappers, and any holder can use its reviewed redemption route. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs srUSD?
Pharos records srUSD's reserves as of Oct 27, 2026 as 100% Savings claim on rUSD via the Reservoir Savings Module (burn-mint). Reserve evidence: Real-Time PoR by Reservoir Protocol. Pharos classifies the backing as Real-World Asset Backed.
Can srUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
How do you redeem srUSD?
Under the route Pharos reviewed on Oct 10, 2026, any holder can redeem srUSD for USDC. Redemption settles atomically on-chain. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
