According to MarsBit, on November 10, 2025, the decentralized stablecoin USDD announced that liquidity pool rewards for sUSDD-USDT and USDD-USDT on PancakeSwap have officially launched on Merkl, with a total reward pool exceeding 125,000 USDD. Users who provide liquidity on PancakeSwap can claim their rewards on Merkl. USDD is deployed on major blockchains including TRON, Ethereum, and BNB Chain, with a TVL of $514 million and a circulation of $412 million. sUSDD, the yield-bearing token of USDD, offers up to 12% APY and has a TVL of over $60 million since its launch on October 6.
PancakeSwap sUSDD-USDT and USDD-USDT Pool Rewards Launch on Merkl with Over 125,000 USDD
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