alUSD is a token deployed at 0xdcd0f5ab30856f28385f641580bbd85f88349124 on Base. The provided dataset does not identify its issuer or specify its exact utility, but the symbol and its integration into Pendle yield markets indicate it functions as a USD-pegged or stable-asset derivative.
Activity for this token is currently concentrated off-Base, with two active Pendle markets on Ethereum maturing in October and December 2025. These markets hold a combined TVL of approximately $37.5 million and are structured around yield tokenization, with yield tokens (YT) linked to Almanak reward programs.
Despite its Pendle presence, alUSD shows no Aerodrome liquidity or vote-market participation on Base, and its decimals and current USD price remain unverified in the available data. LP operators should treat this as a cross-chain yield instrument with limited native Base infrastructure, requiring careful verification of its peg mechanics and redemption pathways before deployment.