USDS

USDS Rank #15

$1.00 0.03% 24h

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24h low $0.999924h high $1.00

USDS price chart (USD)

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Price change

0.00%

24h

0.03%

0.01%

14d

0.00%

30d

0.08%

60d

0.00%

200d

0.06%

0.11%

USDS market statistics

Market cap: $8,627,485,153
Fully diluted valuation: $8,627,485,153
24h trading volume: $67,832,084
Volume / market cap: 0.0079
Circulating supply: 8,627,377,308 USDS
Total supply: 8,627,377,308 USDS
Max supply: ∞ / not set
Market rank: #15

Historical price

All-time high

$1.06 5.42%

Oct 28, 2024

All-time low

$0.9483 5.46%

Oct 3, 2024

About 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.

StablecoinsUSD StablecoinSolana EcosystemArbitrum EcosystemEthereum EcosystemFiat-backed Stablecoin

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