sUSDat is the yield-bearing version of USDat, Saturn's stablecoin backed 100% by digital credit (STRC from MicroStrategy's Strategy). As digital credit dividends accrue, the sUSDat exchange rate against USDat increases.
This is a max-APY yield loop: PT-sUSDat is supplied as collateral and USDC is borrowed against it on Morpho, then recycled back into PT-sUSDat to multiply the underlying Digital Credit yield. Because the two assets are price-correlated, the position targets amplified yield rather than directional price exposure.
Live APY, leverage multiplier and available liquidity are shown in the app.