srUSDe is Strata's senior tranche over Ethena USDe/sUSDe exposure. It is designed to provide a senior yield profile while a paired junior tranche absorbs greater variability and risk.
| Symbol | SRUSDE |
| Peg | USD |
| Backing | Crypto backed |
| Status | Active |
| Networks | L1 EVM Ethereum |
| Specifications | |
| Use cases | DeFi collateral |
| Depeg history | Date 2026-02-07 unverified |
| Chain | Address |
|---|---|
| Ethereum | 0x3d7d6fdf07ee548b939a80edbc9b2256d0cdc003 |
## Overview srUSDe is Strata's senior tranche over Ethena USDe/sUSDe exposure. It is designed to provide a senior yield profile while a paired junior tranche absorbs greater variability and risk. ## Key Features - Yield-bearing senior tranche whose underlying base exposure is Ethena USDe/sUSDe. - A junior tranche absorbs greater yield and risk variability before the senior tranche. - The senior yield floor is benchmarked using lending-market stablecoin rates. ## Supported Networks Available on Ethereum.