PUSD — Stablecoin Protocol

Bitcoin L2 · OP_NET Testnet

Mint PUSD,
stake for sPUSD

Deposit tBTC as collateral to mint PUSD, then stake PUSD to receive sPUSD — a yield-bearing token that grows in value automatically.

PUSD Minted

0

Total supply

sPUSD APY

8.4%

↑ +0.2% this week

tBTC Collateral

0.000

Locked in protocol

Min. Col. Ratio

150%

Liquidation threshold

Mint PUSD

Stake PUSD → sPUSD

Unstake sPUSD

Redeem

1 Deposit tBTC Collateral

⚠ You are on OP_NET Testnet. Use testnet tBTC only. Get tBTC from the faucet before minting.

Collateral Amount

Balance: —

₿

tBTC

≈ $0.00

25%

50%

75%

Max

2 PUSD to Mint

Mint Amount

Max: —

P$

PUSD

Collateral ratio: —

25% of max

50%

75%

Max

Collateral Locked—

Collateral Value—

PUSD Minted—

Collateral Ratio—

Liquidation Price—

Gas Fee (OP_NET)~0.000000065 tBTC

Your Position

$0.00

PUSD Balance0 PUSD

sPUSD Balance0 sPUSD

Yield Earned+$0.00

Active Vaults0

tBTC Locked0.0000 tBTC

sPUSD Yield Accumulation

0% 0.00% 10%

Protocol Parameters

Min. Col. Ratio150%

Safe Col. Ratio200%+

sPUSD APY8.4%

Stability Fee0.5% / yr

Liq. Penalty13%

CollateraltBTC

StablecoinPUSD

Vault TokensPUSD

NetworkOP_NET Testnet

Oracle Price

tBTC / USD

$97,420

+0.00%

PUSD / USD$1.0000

sPUSD / PUSD1.0000

Your Activity

My Positions

🏦

No positions yet.
Connect OP_WALLET and mint PUSD to get started.

On-chain Data

Protocol Stats

Total PUSD

—

Circulating

Total sPUSD

—

Staked

tBTC Locked

—

Total collateral

Active Vaults

—

Across all users

Vault Distribution

Safe (>200%)68%

Caution (150–200%)28%

At Risk (<150%)4%

How It Works

1. Mint PUSD

Lock tBTC → mint PUSD at 150%+ ratio

2. Stake → sPUSD

Stake PUSD, receive sPUSD that earns 8.4% APY

3. Unstake & Redeem

Unstake sPUSD → PUSD with yield, repay to get tBTC back

🎁 Season 1 · OP_NET Testnet

Earn points for
the PUSD airdrop

Hold tBTC collateral, stake sPUSD, and complete daily tasks to earn points. Top wallets will receive the PUSD airdrop at launch.

Your Points

0

Not ranked yet

Daily Streak

0 🔥

Check in daily

Hold Points

0

From tBTC + sPUSD held

Days Until Drop

TBA

Snapshot date TBA

Tasks & Rewards

Points update every 24h

Daily Check-In

+50 pts

Check in daily to earn bonus points and grow your streak.

Streak Bonus

Day 1–3+50 pts/day

Day 4–6+75 pts/day

Day 7++150 pts/day 🔥

Leaderboard

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