My Shift to sUSDe on Plasma: Why It Beat Ethereum for My Stable Yields
After seeing news that Plasma overtook Ethereum as the main sUSDe hub ($744M TVL as of Feb 1), I moved some USDT over from ETH last night. Deposited into Ethena pool on Plasma, swapped to sUSDe via CoW—low fees, instant. Yields hit 5-7% APY, higher than ETH’s congestion mess. Borrowed against it for a quick test, repaid no sweat.
Feels like Plasma’s designed for this—gasless basics + fast oracles make synthetics shine. $XPL gas was cheap for the swap. If TVL keeps growing, this could be my new stablecoin home.
Tried sUSDe on Plasma yet? What’s your APY?
XPL
0.0941
-6.73%