PayPal USD(PYUSD)

Token Price$1+0.03%over 24h

All Time HighOct 23, 2023$1.02

All Time LowDec 5, 2024$0.96

Key Metrics

Market Cap$3.032b

Fully Diluted Valuation$3.032b

Circ. Supply3.031b PYUSD

Volume 24h$1.05m

CEX$1.05m

Spot$1.05m

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

$157.2m

$71,324 (max additional borrows against PYUSD) + $157.13m (bad debt if PYUSD was hacked now)

Euler V2

$118,712 at-risk exposure = $47,388 bad debt if hacked + $71,324 additional borrowable against PYUSD

Aave V3

$6.9m at-risk exposure = $6.9m bad debt if hacked + $0 additional borrowable against PYUSD

Maple

$150.19m at-risk exposure = $150.19m 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	$71,324	$47,388
Aave V3	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$6.9m
Maple	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$150.19m
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 46 pools

Pool	Reference	Protocol
1 senPYUSDmainPaypal USD Main	PYUSD	Morpho Blue	$369.76m	5.79%2.74%+3.05%	Stable 88	577
2 jlePYUSDjupiter lend ethena PYUSD	pyusd	Jupiter Lend	$251.2m	3.43%	Stable 84	8
3 senPYUSDPRIMEv2Sentora PRIME Main	PYUSD	Morpho Blue	$215.41m	6.26%3.96%+2.31%	Stable 93	146
4 pyusdKamino Sentora PYUSD	pyusd	Sentora Curator🪂	$106.73m	6.53%4.05%+2.48%	Stable 90
5 kV-PYUSDkVault PYUSD Sentora	pyusd	Kamino Lend	$106.73m	6.10%3.70%+2.41%	Stable 97	49
6 PYUSD-USDS0.00%	PYUSD-USDS	Uniswap V4	$100.18m	0.09%	Mixed 66
7 spPYUSDSpark PYUSD	PYUSD	SparkLend	$100.03m	1.10%	Stable 82	15
8 senPYUSDPSTSentora Huma PST Main	PYUSD	Morpho Blue	$73.78m	7.22%5.03%+2.19%	Stable 92	68
9 pyusdMaple Market	pyusd	Kamino Lend	$48.45m	3.76%	Stable 85
10 pyusdEthena Market	pyusd	Kamino Lend	$39.14m	3.75%	Stable 94

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Borrow

Showing 10 of 25 routes

Use PYUSDBorrow PYUSD

Collateral / Borrow	Protocol
1 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+13.13%	13.23%	0.10%	$84.81m	90%
2 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+13.07%	13.23%	0.16%	$70,668	90%
3 PYUSD / EURCYieldBlox Pool	Blend Pools V2	+12.72%	13.23%	0.51%	$73,657	90%
4 pyusd / xBTCSOL/BTC Market	Kamino Lend	+5.10%	5.34%	0.23%	$3.79m	80%
5 pyusd / cbBTCSOL/BTC Market	Kamino Lend	+5.10%	5.34%	0.24%	$38.93m	80%
6 pyusd / WETHSOL/BTC Market	Kamino Lend	+3.64%	5.34%	1.70%	$2.78m	80%
7 pyusd / JitoSOLSOL/BTC Market	Kamino Lend	+3.12%	5.34%	2.22%	$6.69m	80%
8 pyusd / JupSOLSOL/BTC Market	Kamino Lend	+3.08%	5.34%	2.25%	$4.99m	80%
9 pyusd / PSOLSOL/BTC Market	Kamino Lend	+3.00%	5.34%	2.34%	$678,841	80%
10 pyusd / mSOLSOL/BTC Market	Kamino Lend	+2.95%	5.34%	2.39%	$2.9m	80%

Loading borrow routes...

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Protocol	Chain
Euler V2	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$71,324	$47,388
Aave V3	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$6.9m
Maple	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$150.19m
SparkLend	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$1.48

Pool	Reference	Protocol
1 senPYUSDmainPaypal USD Main	PYUSD	Morpho Blue	$369.76m	5.79%2.74%+3.05%	Stable 88	577
2 jlePYUSDjupiter lend ethena PYUSD	pyusd	Jupiter Lend	$251.2m	3.43%	Stable 84	8
3 senPYUSDPRIMEv2Sentora PRIME Main	PYUSD	Morpho Blue	$215.41m	6.26%3.96%+2.31%	Stable 93	146
4 pyusdKamino Sentora PYUSD	pyusd	Sentora Curator🪂	$106.73m	6.53%4.05%+2.48%	Stable 90
5 kV-PYUSDkVault PYUSD Sentora	pyusd	Kamino Lend	$106.73m	6.10%3.70%+2.41%	Stable 97	49
6 PYUSD-USDS0.00%	PYUSD-USDS	Uniswap V4	$100.18m	0.09%	Mixed 66
7 spPYUSDSpark PYUSD	PYUSD	SparkLend	$100.03m	1.10%	Stable 82	15
8 senPYUSDPSTSentora Huma PST Main	PYUSD	Morpho Blue	$73.78m	7.22%5.03%+2.19%	Stable 92	68
9 pyusdMaple Market	pyusd	Kamino Lend	$48.45m	3.76%	Stable 85
10 pyusdEthena Market	pyusd	Kamino Lend	$39.14m	3.75%	Stable 94

Collateral / Borrow	Protocol
1 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+13.13%	13.23%	0.10%	$84.81m	90%
2 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+13.07%	13.23%	0.16%	$70,668	90%
3 PYUSD / EURCYieldBlox Pool	Blend Pools V2	+12.72%	13.23%	0.51%	$73,657	90%
4 pyusd / xBTCSOL/BTC Market	Kamino Lend	+5.10%	5.34%	0.23%	$3.79m	80%
5 pyusd / cbBTCSOL/BTC Market	Kamino Lend	+5.10%	5.34%	0.24%	$38.93m	80%
6 pyusd / WETHSOL/BTC Market	Kamino Lend	+3.64%	5.34%	1.70%	$2.78m	80%
7 pyusd / JitoSOLSOL/BTC Market	Kamino Lend	+3.12%	5.34%	2.22%	$6.69m	80%
8 pyusd / JupSOLSOL/BTC Market	Kamino Lend	+3.08%	5.34%	2.25%	$4.99m	80%
9 pyusd / PSOLSOL/BTC Market	Kamino Lend	+3.00%	5.34%	2.34%	$678,841	80%
10 pyusd / mSOLSOL/BTC Market	Kamino Lend	+2.95%	5.34%	2.39%	$2.9m	80%

Overview