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USDK profile facts

Orki USD (USDK) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.

Other coins using the USDK ticker

  • KAST Dollar (USDK) · Active · US Dollar. USDK is KAST's 1:1 extension of M0's M token on Solana.
Collateral
WETH, weETH, rswETH, and swETH in overcollateralized Liquity v2-style CDP markets on Swellchain; the configured SWELL branch is currently shut down in live on-chain telemetry
Peg mechanism
Overcollateralized CDP with Liquity v2-style user-set interest rates and direct on-chain redemption for underlying collateral; Stability Pools absorb liquidations per collateral market
Jurisdiction
Not disclosed in the static profile.
Proof of reserves
No proof-of-reserves entry in the static profile.
Contracts
1 deployment tracked across Swellchain.

Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring.

USDK quick answers

4
What is Orki USD (USDK)?

USDK was Orki's Liquity v2-style CDP stablecoin on Swellchain, frozen after the underlying chain shutdown in June 2026. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP with Liquity v2-style user-set interest rates and direct on-chain redemption for underlying collateral; Stability Pools absorb liquidations per collateral market.

Is USDK safe?

Orki USD is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Decentralized (DeFi) governance model, Crypto-Collateralized backing, curated reserve profile, and notes that admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.

What backs USDK?

The archived Pharos profile records USDK's reserves as 76.6% WETH, 10.2% weETH (Ether.fi), 6.8% rswETH, and 1 smaller holding. Reserve evidence: curated reserve profile. Pharos classifies the backing as Crypto-Collateralized.

Can USDK be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments. USDK is a frozen Pharos archive; the recorded history below is read-only.