what's Reservoir srUSD?
Reservoir srUSD (SRUSD) is a yield-bearing stablecoin issued by the Reservoir Protocol, a permissionless protocol built on Ethereum with integrations on top-tier networks. It addresses demands for decentralized, scalable, efficient stablecoins by offering users global access to liquid, yielding assets. The protocol enables trusted and scalable stablecoin operations through its design.
REYA allocates 0.5% to compensate srUSD stakers for redemption pause, pending RNIP5 approval.
Allocates 0.5% of REYA token supply to compensate srUSD stakers affected by a redemption pause, pending approval of proposal RNIP5.
Protocol upgrades to based rollup architecture and plans 2026 expansion into spot markets, RWA, and additional srUSD tokenization features.
Reya protocol processes $1B in daily volumes while supporting srUSD as collateral.
Reya protocol offers a points system where users earn from a fixed weekly pool by staking srUSD or wstETH, with trading volume generating the most points and potential connection to future REYA token distribution.
Reservoir experiences over $350 million in redemptions in two weeks (from $450 million peak) amid systemic contagion across curator protocols including Stream Finance's $93 million hole and widespread bad debt. Levered srUSD makes up a large amount of borrowing from remaining curated TVL, with backing now comprising illiquid vaults doing self-referential lending and questionable Bera chain positions affected by the Balancer hack.
RNIP-4 governance proposal is now open for voting to reallocate liquidity toward partners Amber Group and Selini Capital following recent emergency measures to stabilize the pool.
Integrated on Dolomite platform on Ethereum, offering 47.74% total APY (7.76% base lending APY plus 39.98% oDOLO rewards APY) with 0.5 points per srUSD per day and weekly oDOLO reward distribution every Thursday.
srUSD holders along with holders of HONEY, USDC, BERA, WBTC, USD1, BYUSD, and ETH can claim oDOLO rewards today.
TVL reaches approximately $500 million, making it a top 10 protocol by TVL on BNB Chain, while becoming the most borrowed non blue-chip asset on Morpho.
Trailing 7-day APY on Reya platform exceeds 48% while 30-day APY stands at 14.5%.
Protocol now live on Reya platform, offering dual yield+margin functionality for $20B stablecoin market.
Delta-neutral yield strategy deploys on Berachain offering 32.91% APR with 7x leverage capability.