SNUSD (For buying PT-sNUSD-24SEPT2026)
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Frequently asked
Is SNUSD (For buying PT-sNUSD-24SEPT2026) FDIC or SIPC insured?
No. SNUSD (For buying PT-sNUSD-24SEPT2026) is a crypto earn product, not a bank deposit — the SNUSD is held and deployed by pendle, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~10% yield come from?
SNUSD (For buying PT-sNUSD-24SEPT2026) deploys the deposited SNUSD to generate the rate; it is variable, not fixed.
Is SNUSD safe?
See the SNUSD report for its compliance score, reserves, and peg history.
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