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$0.999903
+0.00% 24h24h high
$1.00
24h low
$0.999684
All-time high
$1.06
From ATH
-5.43%
Market cap
$9.84B
24h volume
$178.71M
Circulating supply
9,841,548,896.866 USDS
Total supply
9,838,749,832.065 USDS
Max supply
∞
Price change 7d / 30d / 1y
+0.00% · -0.02% · +0.02%
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
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