Market cap
$10.2B
24h volume
$154.3M
Circulating supply
10.2B USDS
Max supply
—
Fully diluted valuation
$10.2B
Total supply
10.2B USDS
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.
The current price of USDS (USDS) is $1.0000. The price is updated in real time using live market data.
USDS has a market capitalization of $10.2B, making it the #14 cryptocurrency by market cap.
USDS reached its all-time high of $1.06 on Oct 28, 2024. The current price is -5.42% from the all-time high.
There are currently 10.2B USDS in circulation, out of a total supply of 10.2B USDS.
USDS had $154.3M in trading volume over the past 24 hours.
