Staked USN (sUSN) stablecoin analytics
sUSN is Noon's staking wrapper of USN; share price accrues yield from private credit, CLOs, DeFi lending, and T-bills, with delta-neutral CEX strategies on top.
Static Profile
Static stablecoin profile
Staked USN (sUSN) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
Variant Relationship
Staked USN (sUSN) is modeled as a savings variant of Noon USN (USN). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Jun 12, 2026
sUSN is the staked savings form of Noon USN, so its NAV appreciates while base USN remains the non-yielding settlement token. The wrapper inherits a reserve mix that is far busier than the name suggests: private credit, CLO exposure, DeFi lending, principal tokens, and a small...
AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026
- Collateral
- USN deposited into Noon's staking wrapper; backing inherits Noon's Accountable-disclosed private credit, CLO, DeFi lending, principal-token, and Treasury-bill reserve mix
- Peg Mechanism
- Stake USN to receive sUSN; sUSN appreciates against USN as Noon strategy yield accrues, while final exits inherit Noon's 1:1 USN mint/redeem and reserve-liquidity constraints
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Accountable Reserve source
Snippet Answer
Is sUSN safe?
Pharos does not mark sUSN as absolutely safe. Static metadata says Staked USN uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Real-Time PoR from Accountable; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety susn-noon
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 12, 2026.
sUSN quick answers
What is Staked USN (sUSN)?
sUSN is Noon's staking wrapper of USN; share price accrues yield from private credit, CLOs, DeFi lending, and T-bills, with delta-neutral CEX strategies on top. The static profile records its US Dollar peg mechanism as: Stake USN to receive sUSN; sUSN appreciates against USN as Noon strategy yield accrues, while final exits inherit Noon's 1:1 USN mint/redeem and reserve-liquidity constraints
What backs sUSN?
Pharos classifies sUSN backing as Real-World Asset Backed. Collateral, per the static profile: USN deposited into Noon's staking wrapper; backing inherits Noon's Accountable-disclosed private credit, CLO, DeFi lending, principal-token, and Treasury-bill reserve mix Reserve evidence: Real-Time PoR from Accountable.
Can sUSN be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for sUSN, when applicable, appear in the dossier below.