PayPal USD(PYUSD)

Token Price$1+0.02%over 24h

All Time HighOct 23, 2023$1.02

All Time LowDec 5, 2024$0.96

Key Metrics

Market Cap$2.96b

Fully Diluted Valuation$3.016b

Circ. Supply2.96b PYUSD

Volume 24h$557,987

CEX$557,987

Spot$557,987

USD Perp$0

COIN Perp$0

DEX$0

Spot$0

USD Perp$0

COIN Perp$0

Website X/Twitter

Categories:RWA Stablecoins

Risks

How much debt can be issued against PYUSD as collateral across lending protocols.

Maximum possible exposure to PYUSD

$170.31m

$70,326 (max additional borrows against PYUSD) + $170.23m (bad debt if PYUSD was hacked now)

Euler V2

$117,694 at-risk exposure = $47,368 bad debt if hacked + $70,326 additional borrowable against PYUSD

Aave V3

$2.07m at-risk exposure = $2.07m bad debt if hacked + $0 additional borrowable against PYUSD

Maple

$168.11m at-risk exposure = $168.11m bad debt if hacked + $0 additional borrowable against PYUSD

SparkLend

$1.48 at-risk exposure = $1.48 bad debt if hacked + $0 additional borrowable against PYUSD

Methodology and limitations

Showing collateral exposure for PYUSD on Ethereum. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

These metrics describe lending exposure only and are not a full protocol risk rating.
This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.

Show exposure details

Each row is one protocol-chain exposure for PYUSD as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol	Chain
Euler V2	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$70,326	$47,368
Aave V3	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$2.07m
Maple	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$168.11m
SparkLend	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$1.48

Loading exposure details...

Markets

Loading PYUSD markets...

Token Usage

Token usage needs a subscription

Liquidations

Token liquidations need a subscription

Yields

Showing 10 of 45 pools

Pool	Reference	Protocol
1 senPYUSDmainPaypal USD Main	PYUSD	Morpho Blue	$367.21m	-$19.43m	5.70%2.63%+3.07%	Stable 88	581
2 jlePYUSDjupiter lend ethena PYUSD	pyusd	Jupiter Lend	$251.22m	-$1	3.49%	Stable 85	7
3 senPYUSDPRIMEv2Sentora PRIME Main	PYUSD	Morpho Blue	$211.13m	+$2.21m	6.25%4.01%+2.23%	Stable 93	146
4 kV-PYUSDkVault PYUSD Sentora	pyusd	Kamino Lend	$106.47m		6.11%3.69%+2.42%	Stable 97	50
5 pyusdKamino Sentora PYUSD	pyusd	Sentora Curator🪂	$106.46m		6.52%4.04%+2.47%	Stable 90
6 PYUSD-USDS0.00%	PYUSD-USDS	Uniswap V4	$100.14m		0.08%	Mixed 62
7 spPYUSDSpark PYUSD	PYUSD	SparkLend	$100m	-$15,599	1.03%	Stable 81	15
8 senPYUSDPSTSentora Huma PST Main	PYUSD	Morpho Blue	$72.86m	+$432,708	7.07%4.94%+2.13%	Stable 92	69
9 pyusdMaple Market	pyusd	Kamino Lend	$48.05m	-$267,266	3.72%	Stable 85
10 pyusdSOL/BTC Market	pyusd	Kamino Lend	$31.51m	-$368,769	5.35%	Stable 77

Loading yield pools...

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Borrow

Showing 10 of 25 routes

Use PYUSDBorrow PYUSD

Collateral / Borrow	Protocol
1 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+13.20%	13.30%	0.10%	$83.15m	90%
2 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+13.14%	13.30%	0.16%	$69,279	90%
3 PYUSD / EURCYieldBlox Pool	Blend Pools V2	+12.79%	13.30%	0.51%	$55,143	90%
4 pyusd / cbBTCSOL/BTC Market	Kamino Lend	+5.09%	5.35%	0.26%	$38.55m	80%
5 pyusd / xBTCSOL/BTC Market	Kamino Lend	+5.09%	5.35%	0.27%	$3.56m	80%
6 pyusd / WETHSOL/BTC Market	Kamino Lend	+3.63%	5.35%	1.72%	$2.71m	80%
7 pyusd / JitoSOLSOL/BTC Market	Kamino Lend	+3.08%	5.35%	2.27%	$6.58m	80%
8 pyusd / JupSOLSOL/BTC Market	Kamino Lend	+3.04%	5.35%	2.31%	$4.93m	80%
9 pyusd / PSOLSOL/BTC Market	Kamino Lend	+2.96%	5.35%	2.39%	$670,440	80%
10 pyusd / mSOLSOL/BTC Market	Kamino Lend	+2.89%	5.35%	2.46%	$2.86m	80%

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Protocol	Chain
Euler V2	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$70,326	$47,368
Aave V3	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$2.07m
Maple	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$168.11m
SparkLend	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$1.48

Pool	Reference	Protocol
1 senPYUSDmainPaypal USD Main	PYUSD	Morpho Blue	$367.21m	-$19.43m	5.70%2.63%+3.07%	Stable 88	581
2 jlePYUSDjupiter lend ethena PYUSD	pyusd	Jupiter Lend	$251.22m	-$1	3.49%	Stable 85	7
3 senPYUSDPRIMEv2Sentora PRIME Main	PYUSD	Morpho Blue	$211.13m	+$2.21m	6.25%4.01%+2.23%	Stable 93	146
4 kV-PYUSDkVault PYUSD Sentora	pyusd	Kamino Lend	$106.47m		6.11%3.69%+2.42%	Stable 97	50
5 pyusdKamino Sentora PYUSD	pyusd	Sentora Curator🪂	$106.46m		6.52%4.04%+2.47%	Stable 90
6 PYUSD-USDS0.00%	PYUSD-USDS	Uniswap V4	$100.14m		0.08%	Mixed 62
7 spPYUSDSpark PYUSD	PYUSD	SparkLend	$100m	-$15,599	1.03%	Stable 81	15
8 senPYUSDPSTSentora Huma PST Main	PYUSD	Morpho Blue	$72.86m	+$432,708	7.07%4.94%+2.13%	Stable 92	69
9 pyusdMaple Market	pyusd	Kamino Lend	$48.05m	-$267,266	3.72%	Stable 85
10 pyusdSOL/BTC Market	pyusd	Kamino Lend	$31.51m	-$368,769	5.35%	Stable 77

Collateral / Borrow	Protocol
1 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+13.20%	13.30%	0.10%	$83.15m	90%
2 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+13.14%	13.30%	0.16%	$69,279	90%
3 PYUSD / EURCYieldBlox Pool	Blend Pools V2	+12.79%	13.30%	0.51%	$55,143	90%
4 pyusd / cbBTCSOL/BTC Market	Kamino Lend	+5.09%	5.35%	0.26%	$38.55m	80%
5 pyusd / xBTCSOL/BTC Market	Kamino Lend	+5.09%	5.35%	0.27%	$3.56m	80%
6 pyusd / WETHSOL/BTC Market	Kamino Lend	+3.63%	5.35%	1.72%	$2.71m	80%
7 pyusd / JitoSOLSOL/BTC Market	Kamino Lend	+3.08%	5.35%	2.27%	$6.58m	80%
8 pyusd / JupSOLSOL/BTC Market	Kamino Lend	+3.04%	5.35%	2.31%	$4.93m	80%
9 pyusd / PSOLSOL/BTC Market	Kamino Lend	+2.96%	5.35%	2.39%	$670,440	80%
10 pyusd / mSOLSOL/BTC Market	Kamino Lend	+2.89%	5.35%	2.46%	$2.86m	80%

Overview