Sentora x Spark RLUSD (sxsRLUSD) stablecoin analytics
Answer First
What is Sentora x Spark RLUSD (sxsRLUSD)?
sxsRLUSD is Sentora and Spark's RLUSD vault on Morpho; shares hold idle RLUSD and WBTC-backed loans, with withdrawals subject to liquidity. The static profile records its RLUSD-denominated NAV accounting mechanism as: ERC-4626 shares convert to RLUSD at the live assets-per-share rate. Interest increases and recognized losses reduce share value; withdrawals use idle assets and configured adapter liquidity rather than a fixed dollar promise.
Is sxsRLUSD safe?
Pharos does not mark sxsRLUSD as absolutely safe. Static metadata says Sentora x Spark RLUSD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Sentora x Spark RLUSD (sxsRLUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg RLUSD-denominated NAV.
Variant Relationship
Sentora x Spark RLUSD (sxsRLUSD) is modeled as a strategy vault variant of Ripple USD (RLUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Oct 2, 2026
Sentora x Spark RLUSD holds mostly idle RLUSD with a smaller WBTC-backed Morpho lending position. Share interest and recognized losses change the amount of RLUSD recoverable per share, and ordinary withdrawals depend on available underlying liquidity. The exact vault has immutable share accounting and permanently disabled share-transfer gates, while parent RLUSD freeze exposure remains inherited.
- Collateral
- RLUSD held idle in an immutable Morpho Vault V2 and supplied by a MorphoMarketV1AdapterV2 to a WBTC-collateralized lending market. Allocations can change under curator controls.
- Peg Mechanism
- ERC-4626 shares convert to RLUSD at the live assets-per-share rate. Interest increases and recognized losses reduce share value; withdrawals use idle assets and configured adapter liquidity rather than a fixed dollar promise.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Next Actions
Exact bot target: /subscribe dews,depeg,safety sxsrlusd-sentora
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 Oct 2, 2026.
sxsRLUSD quick answers
What is Sentora x Spark RLUSD (sxsRLUSD)?
sxsRLUSD is Sentora and Spark's RLUSD vault on Morpho; shares hold idle RLUSD and WBTC-backed loans, with withdrawals subject to liquidity. The static profile records its RLUSD-denominated NAV accounting mechanism as: ERC-4626 shares convert to RLUSD at the live assets-per-share rate. Interest increases and recognized losses reduce share value; withdrawals use idle assets and configured adapter liquidity rather than a fixed dollar promise.
Is sxsRLUSD safe?
Pharos does not mark sxsRLUSD as absolutely safe. Static metadata says Sentora x Spark RLUSD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs sxsRLUSD?
Pharos classifies sxsRLUSD backing as Crypto-Collateralized. Collateral, per the static profile: RLUSD held idle in an immutable Morpho Vault V2 and supplied by a MorphoMarketV1AdapterV2 to a WBTC-collateralized lending market. Allocations can change under curator controls. Reserve evidence: live reserve feed configured.
Can sxsRLUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for sxsRLUSD, when applicable, appear in the dossier below.
