Skip to main content
You should not have to take anyone’s word for what can be checked. Everything below can be read on Etherscan, a free public website for reading Ethereum. You don’t need a wallet or an account.

​
Addresses

All three contracts are on Ethereum. Make sure you’re looking at the right address before you rely on anything you read.
How to read a contract on Etherscan. Open the contract, press Contract, then Read as Proxy. You see a list of questions you can ask it. Press one to get the answer, live from the blockchain.

​
How much USDh exists

Open the USDh contract. Total supply is every USDh in existence. Transfers shows every one made, sent or given back.

​
What one sUSDh is worth

Open the sUSDh contract, then Read as Proxy:

​
Whether a change is coming

Every change must be scheduled on the timelock at least 48 hours before it can run.
  • On the timelock’s Events tab, a CallScheduled line is a change waiting to happen.
  • Under Read Contract, getMinDelay returns 172800: 48 hours, in seconds.

​
Who can do what

No wallet can take or move your balance. Emergency powers can only stop things.

​
Not checked yet

  • The reserves. They are held off the blockchain and listed on the Transparency page in the app. Monthly reports by an independent firm are planned.
  • The code. An independent audit of the USDh and sUSDh contracts is planned, and so is a public bug bounty. Both will be listed here.
The contracts are built on OpenZeppelin, open-source code used across Ethereum. Last updated: Nov 10, 2026