USDS USDS
Rank #14About 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.
USDS FAQ
What is 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'…
What is the current price of USDS?
The live price of USDS (USDS) is $0.9999, with a 24-hour change of 0.01%. Prices on this page update automatically about once a minute using CoinGecko market data.
What is the market cap of USDS?
USDS currently has a market capitalization of $9.83B, ranking #14 by market cap. Market cap is the coin price multiplied by its circulating supply and is a common way to compare the relative size of crypto assets.
Is USDS a good investment?
CryptoWatchHub provides market data and educational content only — not financial advice. USDS, like all crypto assets, is highly volatile and you can lose your entire investment. Always do your own research and consider consulting a licensed financial advisor before investing.
More on USDS
Convert USDS to USD
Live two-way calculator and conversion tables
USDS in 59 currencies
Euros, pounds, yen and more — plus gold and silver
Where it sits in the market
The whole market as one picture, sized by market cap
Leverage and liquidations
Live forced closures, funding rates and open interest
Compare exchange fees
What a trade actually costs on ten major venues
CryptoWatchHub provides market data for informational and educational purposes only. It is not investment, financial, legal or tax advice. Crypto assets are highly volatile — never invest more than you can afford to lose. Read our full disclaimer