PayPal USD(PYUSD)

Token Price$1+0.05%over 24h

All Time HighOct 23, 2023$1.02

All Time LowDec 5, 2024$0.96

Key Metrics

Market Cap$2.663b

Fully Diluted Valuation$2.663b

Circ. Supply2.664b PYUSD

Volume 24h$4.36m

CEX$4.36m

Spot$4.36m

USD Perp$0

COIN Perp$0

DEX$0

Spot$0

USD Perp$0

COIN Perp$0

Website X/Twitter

Category:Stablecoins

Risks

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

Maximum possible exposure to PYUSD

$42.74m

$33,674 (max additional borrows against PYUSD) + $42.7m (bad debt if PYUSD was hacked now)

Euler V2

$81,064 at-risk exposure = $47,391 bad debt if hacked + $33,674 additional borrowable against PYUSD

Aave V3

$7.93m at-risk exposure = $7.93m bad debt if hacked + $0 additional borrowable against PYUSD

Maple

$34.73m at-risk exposure = $34.73m 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	$33,674	$47,391
Aave V3	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$7.93m
Maple	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$34.73m
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	$351.18m	-$4.95m	5.52%2.36%+3.16%	—	Stable 95	605
2 jlePYUSDjupiter lend ethena PYUSD	pyusd	Jupiter Lend	$251.74m	-$5	3.91%	—	Stable 97	7
3 senPYUSDPRIMEv2Sentora PRIME Main	PYUSD	Morpho Blue	$190.66m	+$514,459	6.18%4.15%+2.03%	—	Stable 90	151
4 PYUSD-USDS0.00%	PYUSD-USDS	Uniswap V4	$100.13m	—	0.09%	—	Mixed 61	—
5 spPYUSDSpark PYUSD	PYUSD	SparkLend	$99.97m	-$18,055	0.86%	—	Stable 84	16
6 kV-PYUSDkVault PYUSD Sentora	pyusd	Kamino Lend	$99.91m	-$202,323	6.63%4.05%+2.58%	—	Stable 91	48
7 pyusdKamino Sentora PYUSD	pyusd	Sentora Curator🪂	$99.91m	—	6.61%4.04%+2.57%	—	Stable 91	—
8 senPYUSDPSTSentora Huma PST Main	PYUSD	Morpho Blue	$84.11m	+$10.86m	6.82%5.07%+1.75%	—	Stable 91	78
9 pyusdMaple Market	pyusd	Kamino Lend	$41.1m	-$970,594	3.46%	—	Stable 89	—
10 pyusdSOL/BTC Market	pyusd	Kamino Lend	$29.56m	-$516,390	5.97%	—	Stable 79	—

Loading yield pools...

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Borrow

Showing 10 of 21 routes

Use PYUSDBorrow PYUSD

Collateral / Borrow	Protocol
1 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+136.65%	136.75%	0.10%	$71.37m	90%
2 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+136.59%	136.75%	0.16%	$60,026	90%
3 PYUSD / EURCYieldBlox Pool	Blend Pools V2	+136.23%	136.75%	0.52%	$48,784	90%
4 PYUSD / USDCYieldBlox Pool	Blend Pools V2	+126.53%	136.75%	10.22%	$4.14m	90%
5 pyusd / xBTCSOL/BTC Market	Kamino Lend	+5.66%	5.97%	0.31%	$620,897	80%
6 pyusd / cbBTCSOL/BTC Market	Kamino Lend	+5.66%	5.97%	0.31%	$3.71m	80%
7 pyusd / WETHSOL/BTC Market	Kamino Lend	+4.19%	5.97%	1.79%	$60,910	80%
8 pyusd / CASHSOL/BTC Market	Kamino Lend	+0.27%	5.97%	5.70%	$60,775	80%
9 pyusd / USDSSOL/BTC Market	Kamino Lend	-0.26%	5.97%	6.23%	$207,040	80%
10 pyusd / USDGSOL/BTC Market	Kamino Lend	-0.57%	5.97%	6.54%	$22.19m	80%

Loading borrow routes...

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Protocol	Chain
Euler V2	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$33,674	$47,391
Aave V3	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$7.93m
Maple	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$34.73m
SparkLend	Ethereum	PYUSD0x6c3ea9036406852006290770bedfcaba0e23a0e8	$0	$1.48

Pool	Reference	Protocol
1 senPYUSDmainPaypal USD Main	PYUSD	Morpho Blue	$351.18m	-$4.95m	5.52%2.36%+3.16%	—	Stable 95	605
2 jlePYUSDjupiter lend ethena PYUSD	pyusd	Jupiter Lend	$251.74m	-$5	3.91%	—	Stable 97	7
3 senPYUSDPRIMEv2Sentora PRIME Main	PYUSD	Morpho Blue	$190.66m	+$514,459	6.18%4.15%+2.03%	—	Stable 90	151
4 PYUSD-USDS0.00%	PYUSD-USDS	Uniswap V4	$100.13m	—	0.09%	—	Mixed 61	—
5 spPYUSDSpark PYUSD	PYUSD	SparkLend	$99.97m	-$18,055	0.86%	—	Stable 84	16
6 kV-PYUSDkVault PYUSD Sentora	pyusd	Kamino Lend	$99.91m	-$202,323	6.63%4.05%+2.58%	—	Stable 91	48
7 pyusdKamino Sentora PYUSD	pyusd	Sentora Curator🪂	$99.91m	—	6.61%4.04%+2.57%	—	Stable 91	—
8 senPYUSDPSTSentora Huma PST Main	PYUSD	Morpho Blue	$84.11m	+$10.86m	6.82%5.07%+1.75%	—	Stable 91	78
9 pyusdMaple Market	pyusd	Kamino Lend	$41.1m	-$970,594	3.46%	—	Stable 89	—
10 pyusdSOL/BTC Market	pyusd	Kamino Lend	$29.56m	-$516,390	5.97%	—	Stable 79	—

Collateral / Borrow	Protocol
1 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+136.65%	136.75%	0.10%	$71.37m	90%
2 PYUSD / XLMYieldBlox Pool	Blend Pools V2	+136.59%	136.75%	0.16%	$60,026	90%
3 PYUSD / EURCYieldBlox Pool	Blend Pools V2	+136.23%	136.75%	0.52%	$48,784	90%
4 PYUSD / USDCYieldBlox Pool	Blend Pools V2	+126.53%	136.75%	10.22%	$4.14m	90%
5 pyusd / xBTCSOL/BTC Market	Kamino Lend	+5.66%	5.97%	0.31%	$620,897	80%
6 pyusd / cbBTCSOL/BTC Market	Kamino Lend	+5.66%	5.97%	0.31%	$3.71m	80%
7 pyusd / WETHSOL/BTC Market	Kamino Lend	+4.19%	5.97%	1.79%	$60,910	80%
8 pyusd / CASHSOL/BTC Market	Kamino Lend	+0.27%	5.97%	5.70%	$60,775	80%
9 pyusd / USDSSOL/BTC Market	Kamino Lend	-0.26%	5.97%	6.23%	$207,040	80%
10 pyusd / USDGSOL/BTC Market	Kamino Lend	-0.57%	5.97%	6.54%	$22.19m	80%

Overview