Can you verify Staked Kerne USD (skUSD) reserves yourself?
You can read skUSD's on-chain reserves and re-derive its signed proof yourself, with no third-party attestor in the reserve path. Do not trust the issuer, and do not trust us. This page reads skUSD's live supply straight from the chain and shows you, honestly, where verification ends and trust begins.
Issued by Kerne Protocol (this site). It is not an audit, a rating, or a solvency opinion, and skUSD appearing here is not an endorsement. "Attestor-optional" describes the structure of the verification, not the quality of the issuer.
The part you can always verify: live supply
Total supply is a contract function anyone can call. Below is skUSD read live from the chain, with the exact command to reproduce it. This is the one number you never have to take on faith.
Reproduce the supply read yourself
cast call 0xded74f7e06efc76455c07418b8b74cc2bc009db4 "totalSupply()(uint256)" --rpc-url https://mainnet.base.orgcast call 0xded74f7e06efc76455c07418b8b74cc2bc009db4 "symbol()(string)" --rpc-url https://mainnet.base.orgPrefer curl? Show the raw JSON-RPC call
curl -s -X POST https://mainnet.base.org -H 'content-type: application/json' --data '{"jsonrpc":"2.0","id":1,"method":"eth_call","params":[{"to":"0xded74f7e06efc76455c07418b8b74cc2bc009db4","data":"0x18160ddd"},"latest"]}'Live supply is read from the chain and cached hourly on this page; the command above is real-time. Always confirm you are reading the canonical contract address. A look-alike token can copy any name or symbol; only the address is identity.
The harder question: can you verify skUSD's reserves?
ERC-4626 staking vault whose asset is kUSD. The underlying kUSD backing is the same self-verifiable, signature-bound Proof of Reserves as kUSD itself.
On-chain skUSD supply and the ERC-4626 exchange rate to kUSD, plus kUSD's signed Proof of Reserves.
The same off-chain hedge leg as kUSD.
Hedge leg: Inherits kUSD's off-chain Hyperliquid hedge leg, which is self-reported and signature-bound only.
The reserve backing is readable on-chain, so a third-party attestor is optional on that leg. skUSD is on the strong end of this axis for its reserve leg. That is not the same as risk-free; the standing risks are smart-contract and collateral risk, not attestor trust.
See how skUSD sits next to the rest of the field on the reserve transparency scorecard, or run this same read on any other token with Verify Any Stablecoin.
Common questions about skUSD
Can you verify Staked Kerne USD (skUSD) reserves yourself?
You can read skUSD's on-chain reserves and re-derive its signed proof yourself, with no third-party attestor in the reserve path. On-chain skUSD supply and the ERC-4626 exchange rate to kUSD, plus kUSD's signed Proof of Reserves. The same off-chain hedge leg as kUSD. On-chain supply is something you can always read yourself; the reserves are where the trust boundary sits, and this page shows exactly where.
Does skUSD rely on a third-party attestor for its reserves?
ERC-4626 staking vault whose asset is kUSD. The underlying kUSD backing is the same self-verifiable, signature-bound Proof of Reserves as kUSD itself. There is no third-party attestor in the reserve path: the backing is readable on-chain, so On-chain skUSD supply and the ERC-4626 exchange rate to kUSD, plus kUSD's signed Proof of Reserves. The residual risk is smart-contract and collateral risk, not attestor trust.
Which skUSD contract is canonical, and how do I confirm I have the right one?
skUSD is a synthetic delta-neutral token issued by Kerne Protocol (this site) at 0xded74f7e06efc76455c07418b8b74cc2bc009db4 on Base. A look-alike token can copy any name or symbol, so only the address is identity: confirm you are reading the canonical contract above before trusting any supply or reserve figure.
Check skUSD yourself, no permission needed.
The check above is free and live. Read it interactively in the free tool, or recompute Kerne's signed Proof of Reserves and read the live backing yourself. Do not trust us; check it.
Other synthetic delta-neutral tokens
Or browse every stablecoin we cover, each with its own live read and verdict, or paste any address into the free tool.
Kerne is infrastructure and a service provider, not an auditor, a rating agency, a custodian, or an investment adviser. This page reads public on-chain data and names publicly disclosed transparency methods. It is not an audit, a solvency or credit opinion, a recommendation, or any form of investment, legal, tax, or accounting advice, and the appearance of skUSD is not an endorsement. Reserve-transparency descriptions are sourced from Kerne Protocol (this site)'s public disclosures and, where the token is listed there, the Kerne synthetic-dollar scorecard, cross-verified June 29 to July 1, 2026; verify at the canonical sites. Kerne is not affiliated with Kerne Protocol (this site) or any attestor named here. Page reviewed 2026-07-01. Last updated July 1, 2026.