# Strata Senior USDe (srUSDe)

> Strata is a generalized risk-tranching protocol that brings structured yield products to any on-chain or off-chain yield strategy by splitting yield into tokenized senior and junior tranches, each tailored to distinct risk–reward profiles. 

Senior tranche is essentially an over-collateralized, yield-bearing asset that offers minimum guaranteed yield at a benchmark rate and is protected against underlying counterparty credit risk, with coverage provided by the junior tranche. It is designed for risk-averse investors looking for safer, more predictable yields on digital dollars that outperform T-bill rates, Aave lending yield, Sky Savings etc. where conservative capital in DeFi typically resides today.

Junior tranche is a liquid investment product and serves as a market-priced insurance fund that
underwrites underlying strategy’s underperformance against the benchmark rate and
counterparty credit risk. It is well-suited for users with a more aggressive risk profile, including DeFi-native power users, hedge funds, and yield farmers who seek higher yields and have a slightly higher risk tolerance.

Strata’s dual-token design introduces a meaningful shift in risk management by splitting yield and risk exposure into distinct senior and junior tranches. By transforming the underlying yield strategy into risk-tiered tranches, allowing different types of investors to access yield based on their risk appetite, Strata is redefining how on-chain or off-chain yield is accessed, managed, and scaled across DeFi.


## Price Data

- **Current Price**: $1.06
- **Market Cap**: $56.19M
- **Fully Diluted Valuation**: $56.19M
- **Circulating Supply**: 53.08M srUSDe
- **Total Supply**: 53.08M srUSDe

## Price Changes

- **24h**: -0.02%
- **30d**: +0.09%
- **90d**: +0.05%
- **365d**: N/A

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://strata.money/)
- [Coingecko](https://www.coingecko.com/en/coins/strata-senior-usde)
- [Dex.guru](https://dex.guru/token/eth/0x3d7d6fdf07ee548b939a80edbc9b2256d0cdc003)
- [Discord](https://discord.com/invite/sHtZDvTPxB)

## Links

- [View on Zerion](https://app.zerion.io/tokens/srUSDe-8796fdb1-1331-4493-a7f3-8052cf1006ce)
- [Trade on Zerion](https://app.zerion.io/tokens/srUSDe-8796fdb1-1331-4493-a7f3-8052cf1006ce)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset