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



# Wrapped Savings rUSD (wsrUSD)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** CeFi-Dependent

**Status:** active

## Overview

Reservoir's ERC-4626 NAV vault survived a $285M bank run, then reincarnated as a seven-stablecoin reserve managed by named curators with enforced solvency floors.

Reservoir's rUSD processed $285M in redemptions 'without failure' in November 2025, then flatlined — the protocol's precise way of surviving a bank run while losing the patient. The reincarnation as wsrUSD is an ERC-4626 NAV vault backed by an unusually varied diet: 30% USDC, 25% USDT, 10% PYUSD, 5% GHO, 5% RLUSD, 5% USD1, plus strategy vaults and lending markets — seven upstream stablecoin dependencies curated by Steakhouse, Gauntlet, and other named managers. Credit Enforcer smart contracts enforce minimum 105% liquidity, solvency, and capital ratios before any leverage-increasing action, which is the kind of on-chain risk management that most {{term:yield-bearing}}yield-bearing{{/term}} protocols skip. Deployed across 15 chains with exotic collateral quality and multisig governance, wsrUSD's flexibility is genuine — but the seven-dependency architecture means the protocol's safety is a derivative of Circle, Tether, PayPal, Aave, Ripple, and World Liberty Financial simultaneously.

## Collateral

T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto funding-rate / basis strategies; Credit Enforcer smart contracts enforce minimum 105% Liquidity, Solvency, and Capital Ratios before any leverage-increasing action

## Peg Mechanism

wsrUSD is a non-rebasing ERC-4626 vault token that accrues yield per block as rUSD is deposited into the srUSD savings vault; token price appreciates continuously from $1.00 as protocol yield accrues; users can unwrap wsrUSD → srUSD → rUSD at any time; rUSD itself is minted 1:1 via a Peg Stability Module (PSM) against USDC, auto-topped every 10 minutes on each chain

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0xd3fd63209fa2d55b07a0f6db36c2f43900be3094` | 18 |
| base | `0x62344be8ca1c339b46274a4017dd87af436900b1` | 18 |
| berachain | `0x316cd39632cac4f4cdfc21757c4500fe12f64514` | 18 |
| sonic | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| arbitrum | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| bsc | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| avalanche | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| unichain | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| plume | `0x0bbcc2c1991d0af8ec6a5ed922e6f5606923fe15` | 18 |
| sei | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| worldchain | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| katana | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| hyperevm | `0x04716db62c085d9e08050fcf6f7d775a03d07720` | 18 |
| linea | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| monad | `0x4809010926aec940b550d34a46a52739f996d75d` | 18 |
| solana | `7bxM8cRFZpzonzZtzmrcWHNX1dijrEVU4VkjjtVyBmqE` | 9 |

## Live Data

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