USDSUSDS
Market snapshot
USDS (USDS) ranks #14 by market capitalization, with a total market value of $10.08B. Over the past 24 hours its price fell 0.00%, trading between $0.9984 and $1.00, with $148.52M in trading volume. 10.08B USDS are in circulation; CoinGecko lists no maximum supply for USDS. The price is 5.4% below its all-time high of $1.06.
This summary is generated automatically from the live figures on this page and is not investment advice.
Market stats
- Market Cap
- $10.08B
- 24h Volume
- $148.52M
- 24h high
- $1.00
- 24h low
- $0.9984
- Circulating supply
- 10.08B USDS
- Max supply
- —
- All-time high
- $1.06
- All-time low
- $0.9483
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.
Description courtesy of CoinGecko.
Key facts & links
- Categories
- StablecoinsUSD StablecoinSolana EcosystemArbitrum EcosystemEthereum EcosystemFiat-backed StablecoinBase Native
Official links
Understand these numbers
Market data by CoinGecko · Prices are for information only and are not investment advice.