SYZUSD, issued by Yuzu LLC, is presented in registry metadata as a tokenized-funds instrument, yet Yuzu LLC publishes only a non-custodial concentrated liquidity market maker decentralized exchange on the Movement Network, founded in 2024 [S1][S2].

Yuzu LLC discloses one economic mechanism: liquidity providers deposit assets into concentrated liquidity pools and receive tokens proportional to their pool share, earning a portion of a 0.9% swap fee split between liquidity providers and the Yuzu Treasury, while bearing impermanent loss, where a 2x price change yields roughly a 5.7% loss versus holding [S3]. No fund, yield strategy, reserve-backed peg, or distribution underlying SYZUSD appears in the issuer documentation [S3][S4].

The platform is operated by Yuzu LLC, also referred to as YuzuSwap, identified as the contracting party in its Terms of Use [S5]. Yuzu LLC states it does not provide tax, legal, insurance or investment advice, and that nothing constitutes an offer to sell or a recommendation for any security, investment, cryptocurrency, token, or other product [S6]. The only claim Yuzu LLC describes is a liquidity-provider token representing a pro-rata claim on a pool's assets, not meant for trading and withdrawable directly via non-custodial smart contracts [S3]. Users must be at least 18 years of age and comply with applicable laws [S5].

Yuzu LLC is built on the Movement Network, with Move-based Yuzu CLMM smart contracts [S1][S2]. The Terms of Use state that users interact with Aptos or another public blockchain [S5]. Liquidity-provider tokens are minted on deposit and burned on withdrawal, settled onchain; pricing follows the AMM pool curve rather than a NAV oracle [S2][S3].

<Sources
  retrievedAt="2026-06-22"
  items={[
    { id: "S1", url: "https://www.yuzu.finance/" },
    { id: "S2", url: "https://docs.yuzu.finance" },
    { id: "S3", url: "https://docs.yuzu.finance/technical/understanding-returns" },
    { id: "S4", url: "https://docs.yuzu.finance/technical/ecosystem-participants-of-yuzu" },
    { id: "S5", url: "https://docs.yuzu.finance/legal/terms-of-use" },
    { id: "S6", url: "https://docs.yuzu.finance/legal/legal-disclaimer" },
  ]}
/>


# Asset senders (daily) methodology

## 1. Overview

Asset senders (daily) is calculated as the number of unique addresses that initiate asset transfers within a fixed 24-hour window. Daily activity is measured from 00:00 UTC to 23:59 UTC for each tracked asset. Active transactors are isolated from passive recipients by identifying only the sending addresses of transactions. This metric is utilized to evaluate the daily active user base and transaction utility of tokenized assets across multiple blockchain networks.

## 2. Data sources

- **EVM chain events**: ERC-20 `Transfer` events, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions, covering Solana
- **Aptos, Cardano, Stellar Classic, and Sui events**: Token withdraw events, covering Aptos, Cardano, Stellar, and Sui
- **Near, Algorand, Injective, Ripple, and Stellar Soroban events**: Token transfer events, covering Near, Algorand, Injective, Ripple, and Stellar
- **Polkadot Asset Hub events**: `Transferred` events from the `assets` pallet, covering Polkadot Asset Hub
- **Asset metadata**: Token addresses and chain configurations

## 3. Step-by-step calculation

### Component A: Extract sender addresses

- **Purpose**: Identify and extract the unique sending addresses for each asset transfer across all supported chains.
- **Logic**: On EVM-compatible chains, sending addresses are extracted from the `from` field of ERC-20 `Transfer` events, excluding the zero address to filter out mint transactions. On Solana, sending addresses are extracted from the authority address field of token transfer instructions. On Aptos, Cardano, Stellar Classic, and Sui, sending addresses are identified from the account address field of token withdraw events. On Near, Algorand, Injective, and Stellar Soroban, sending addresses are extracted from the sender address field of token transfer events, with null addresses excluded. On Ripple, sending addresses are extracted from token transfer events where the transfer value is negative. On Polkadot Asset Hub, sending addresses are extracted from the event data of `Transferred` events emitted by the `assets` pallet.
- **Key fields**: `timestamp` (block timestamp truncated to daily grain), `token_address` (the contract or asset identifier), `sender_address` (the address initiating the transfer)

### Component B: Consolidate and deduplicate sender data

- **Purpose**: Aggregate sender addresses across all chains and prepare the dataset for daily unique counting.
- **Logic**: Sender records from all individual chains are consolidated into a unified dataset. For each asset on each chain, the sending addresses are grouped by day. To prevent double-counting, duplicate sender addresses for the same asset on the same chain within the same 24-hour window are removed.
- **Key fields**: `timestamp` (daily timestamp), `chain_id` (blockchain identifier), `token_address` (asset address), `sender_address` (unique sending address)

### Component C: Final aggregation

- **Purpose**: Calculate the final daily active sender count per asset and per chain.
- **Logic**: The consolidated dataset is aggregated to compute the daily active senders. Unique sending addresses are counted for each asset on a daily basis, both at the individual chain level and aggregated across all chains for multi-chain assets. If no transfer activity is recorded for a tracked asset on a given day, the daily sender count is filled with zero values.
- **Key fields**: `timestamp` (daily timestamp), `chain_id` (blockchain identifier), `token_address` (asset address), `asset_dau` (daily active senders count)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique asset senders over a fixed 24-hour window.

Asset senders (daily)

Tokenized funds

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Exchanges (DEX)

Yuzu

Staked Yuzu USD (SYZUSD) is a tokenized fund share issued by Yuzu.

The fund is open-ended, invests in multi-asset, and locks up subscriptions for 0 months.

Holders can mint and redeem directly with Yuzu in yzUSD, and have a right to redeem at net asset value with instant settlement.

SYZUSD has been issued on public blockchains since October 2025 and is native to Plasma and Monad.

Staked Yuzu USDSYZUSD