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$0.999798
+0.01% 24h24h high
$1.00
24h low
$0.999098
All-time high
$1.06
From ATH
-5.44%
Market cap
$10.21B
24h volume
$10.06M
Circulating supply
10,211,755,317.694 USDS
Total supply
10,205,976,806.538 USDS
Max supply
∞
Price change 7d / 30d / 1y
-0.02% · -0.04% · -0.05%
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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