PT-sUSDD Max APY Yield Strategy

sUSDD is the yield-bearing version of USDD, a decentralized stablecoin backed by TRX, BTC, and USDT. Holders earn yield from TRON ecosystem swap fees, bridge fees, and treasury deployments on Aave and JustLend.

How the strategy works

This is a max-APY yield loop: PT-sUSDD is supplied as collateral and USDC is borrowed against it on Morpho, then recycled back into PT-sUSDD to multiply the underlying Protocol Fees yield. Because the two assets are price-correlated, the position targets amplified yield rather than directional price exposure.

Strategy details

Collateral asset
PT Savings Usdd 27AUG2026 (PT-sUSDD)
Borrowed asset
USDC
Issuer
USDD
Yield source
Protocol Fees
Underlying
USDD
Category
stable-PT
Network
Ethereum
Protocol
Morpho

Live metrics

Collateral APY
8.05%
Net borrow APY
6.00%
Max leverage
11.4x
Default leverage
10.5x → 27.53% APY
Leverage ladder
1x 8.05% · 2x 10.10% · 3x 12.15% · 4x 14.20% · 5x 16.25% · 6x 18.30% · 7x 20.35% · 8x 22.40% · 9x 24.45% · 10x 26.50% · 11x 28.55% · 11.4x(max) 29.37%
Oracle type
nav
Exit slippage
$100k 0.00% · $500k 0.00% · $1M 0.00% · $5M 0.01% · $10M 0.01%

as-of 2026-08-14T07:18:50.132Z — live snapshot. Live data (source of truth): https://api.spiralstake.xyz/v1/strategies?chainId=1

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