Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | PAXG PAX Gold Proxy score | YLDS YLDS Proxy score | USDE Ethena USDe | USDS USDS |
|---|---|---|---|---|
| Market Cap | $2.14B | $509.3M | $4.45B | $11.11B |
| Peg Status | UNKNOWN | STABLE | STABLE | STABLE |
| Peg Deviation | — | 0.041% | 0.095% | 0.027% |
| Issuer | Paxos | Unknown | Ethena Labs | Sky (formerly MakerDAO) |
| Issuer Type | Centralized | — | Algorithmic Protocol | Decentralized DAO |
| Jurisdiction | Unknown | Unknown | Foreign regulated | Unregulated |
| Reserve Transparency | Audited Reports | None/Opaque | On-Chain | On-Chain |
| Redemption Rights | — | — | 1:1 par · 3-5 Business Days | 1:1 par · Instant (On-Chain) |
| Governance | Issuer Controlled | — | DAO Governance | DAO Governance |
| Compliance Score | D28/100 | D25/100 | C45/100 | C+56/100 |
| Yield Eligibility | Not eligible | Not eligible | Not eligible | Not eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | AvoidMethodology classification — not investment advice.Confidence:low | AvoidMethodology classification — not investment advice.Confidence:low | WatchMethodology classification — not investment advice.Confidence:high | WatchMethodology classification — not investment advice.Confidence:high |
Verdicts are StableLens methodology classifications — Approved / Watch / Avoid / Insufficient — not investment advice. Compliance score is the canonical 6-dimension regulatory rubric (when a profile exists) or capped fallback (when not). See methodology.