KUSDe is a yield-bearing token deployed on Base at address 0xbe3ca34d0e877a1fc889bd5231d6547779aff4e. Based on its symbol and market structure, it functions as a yield-bearing stablecoin derivative, designed to accrue yield from an underlying strategy while maintaining a stable value reference.
The token currently has active Pendle markets on Ethereum, featuring two maturity cohorts (September 2024 and January 2025) with a combined TVL of approximately $3.5 million. These markets show implied APYs between 0.26% and 2.11%, operating in a "cheap PT" regime with yield token (YT) leverage programs active.
No Aerodrome liquidity pools or vote-market participation were recorded for KUSDe on Base, and standard metadata such as token decimals and current USD price are not available in the provided dataset. LP operators should verify the underlying asset and yield source directly through the contract or official documentation before providing liquidity.