Side-by-side institutional comparison — canonical compliance grade, methodology verdict, and IC-memo-ready exports per asset.
| Metric | USDP Pax Dollar | USD1 USD1 | DAI Dai | USDE Ethena USDe |
|---|---|---|---|---|
| Market Cap | $31.9M | $4.67B | $4.35B | $4.51B |
| Peg Status | STABLE | STABLE | STABLE | STABLE |
| Peg Deviation | 0.040% | 0.199% | 0.042% | 0.119% |
| Issuer | Paxos | World Liberty Financial | MakerDAO | Ethena Labs |
| Issuer Type | Centralized | Centralized | Decentralized DAO | Algorithmic Protocol |
| Jurisdiction | US regulated | Unknown | Unregulated | Foreign regulated |
| Reserve Transparency | Audited Reports | None/Opaque | On-Chain | On-Chain |
| Redemption Rights | 1:1 par · ≤2 Business Days | Not guaranteed | 1:1 par · Instant (On-Chain) | 1:1 par · 3-5 Business Days |
| Governance | Issuer Controlled | Issuer Controlled | DAO Governance | DAO Governance |
| StableLens Score | A+95/100 | C40/100 | C+56/100 | C45/100 |
| Yield Eligibility | Eligible | Not eligible | Not eligible | Not eligible |
| Last Updated | Today | Today | Today | Today |
| Decision Summary | ApprovedMethodology classification — not investment advice.Confidence:high | WatchMethodology classification — not investment advice.Confidence:high | 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.