USDS
usdsRank #14Price
$1.00
1 hour
+0.01%
24 hours
+0.06%
7 days
+0.06%
30 days
+0.04%
1 year
+0.04%
USDS price · 1M
+0.03%$1.0000 → $1.00
Market
- Market cap
- $10.2B
- Fully diluted valuation
- $10.2B
- 24h volume
- $73.7M
- 24h high
- $1.00
- 24h low
- $0.9996
Supply & records
- Circulating supply
- 10.2B usds
- Total supply
- 10.2B
- Max supply
- Unlimited
- All-time high
- $1.06 −5.39%Oct 28, 2024
- All-time low
- $0.9483 +5.49%Oct 3, 2024
About USDS
- Stablecoins
- USD Stablecoin
- Solana Ecosystem
- Arbitrum Ecosystem
- Ethereum Ecosystem
- Fiat-backed Stablecoin
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 cred…