Updated 2026-11-05 06:28 UTC
USD.AI USDai / sUSDai
NAV per vault share
1.1239 USDai
Tokens outstanding
90-day APY
8.17%
Active loans
Loans outstanding
$176.7M
Governing law
USDai is minted 1:1 against PYUSD; sUSDai is the vault token that finances GPU and AI-infrastructure loans. USD.AI has $464.5M tokens outstanding, and one sUSDai is worth 1.1239 USDai.
90-day APY
Tokens outstanding
As of block 521399149, 2026-11-05 06:28 UTC
| sUSDai vault assets | $441.2MVault contract |
|---|---|
| USDai outside the vault | $23.2MIssuer contract list |
| Tokens outstanding | $464.5MIssuer contract list |
Loan book
Named borrower
Unnamed borrower
| Borrower | Source | Outstanding |
|---|---|---|
| Hydra Host | Issuer announcement | $52.9M |
| NexGen Cloud | Issuer announcement | $30.3M |
| Crucible Capital | Issuer announcement | $21.6M |
| QumulusAI | Issuer announcement | $14.5M |
| QumulusAI | SEC filing | $13.6M |
| Corvex | SEC filing | $7.1M |
| QumulusAI | SEC filing | $3.3M |
| Compute Labs | Issuer loan document | $398,940 |
| Exited | ||
| Duos Edge AI | SEC filing | Sold to Axe Compute, Inc. on September 30, 2026 |
A borrower is named only when an SEC filing, a loan document linked from the collateral token, or an issuer announcement names it. Balances are read from the loan router contract. Collateral: USD.AI Tokenized Hardware (0xb31F…0c5D)
Regulatory structure
As of 2026-11-01Contracts
| Address | Asset | |
|---|---|---|
| 0x0A1a1A107E45b7Ced86833863f482BC5f4ed82EF0x0A1a…82EF | Base token USDai | |
| 0x0B2b2B2076d95dda7817e785989fE353fe955ef90x0B2b…5ef9 | Vault token sUSDai | |
| 0x1C2ED170de32846316784c4fd58A5e3C7563E12f0x1C2E…E12f | Loan router |