sUSDai is a yield-bearing derivative of the USDai stablecoin, deployed on Base at address 0x0b2b2b2076d95dda7817e785989fe353fe955ef9. It functions as a staked or yield-accruing wrapper, allowing holders to capture underlying stablecoin yield while maintaining a price peg near $1.00. The token is actively utilized in Pendle markets for yield tokenization, with multiple principal and yield token markets extending into late 2025 and 2026, primarily driven by the USD.AI program.
On Base, sUSDai currently maintains a single Aerodrome liquidity pool paired with USDC, holding approximately $60,000 in total value locked. While its primary yield tokenization and liquidity depth are concentrated on Arbitrum, its Base deployment provides a direct venue for cross-chain yield strategies and local DeFi integration. The token operates with 18 decimals and consistently trades at a stable peg of ~$0.9997.