$1.00
+0.01% (24h)
Source: CoinGecko
USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S. dollar. It functions as a versatile tool for decentralized finance (DeFi), allowing value to move through the system via peer-to-peer lending and saving without a middleman. The token is 'put to work' by being supplied to various protocol modules; for example, users can convert USDS into sUSDS to earn interest from protocol revenue or lock it to receive SKY governance tokens. As the ecosystem grows, this scales through "Sky Stars," which are semi-autonomous projects that expand the stablecoin’s utility into specialized areas like institutional credit and advanced lending.
Official websiteAt the last update USDS was trading at $1.00 with a market cap of $8.84B, ranking #14 by market cap. Prices refresh every few minutes.
USDS's all-time high is $1.06, reached on Oct 28, 2024.
About 8,838,456,756 USDS are in circulation, and there is no fixed maximum supply.
CoinGeography does not give investment advice. USDS is a volatile crypto asset and its price can fall sharply; read our risk disclosure and do your own research.
