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



# Savings rUSD (srUSD)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** CeFi-Dependent

**Status:** active

## Overview

Reservoir savings exposure tracked directly rather than via the wrapped wsrUSD; the reserve stack is diversified lending and RWA exposure, not a single cash account.

srUSD tracks Reservoir savings exposure directly instead of only through the wrapped wsrUSD token. The protocol has a live reserve endpoint and a documented savings path, but the reserve stack is diversified lending and {{term:rwa}}RWA{{/term}} exposure rather than a single cash account, making srUSD a {{term:yield-bearing}}yield-bearing{{/term}} share over a mixed credit book.

## 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.

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x738d1115b90efa71ae468f1287fc864775e23a31` | 18 |
| berachain | `0x5475611dffb8ef4d697ae39df9395513b6e947d7` | 18 |

## Live Data

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