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USDS

USDS

USDS
Rank #14
$0.999606
+0.00%
24h
L: $0.999107H: $0.999857
Buy USDS on Binance →Trade on Bybit →

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Market Cap
$10.72B
Volume 24h
$44.02M
Circulating Supply
10.73B
USDS
Max Supply
∞
Unlimited
All-Time High
$1.15
-13.24% from ATH
All-Time Low
$0.948265

Price Performance

24 Hours+0.00%
7 Days-0.01%
30 Days-0.02%
1 Year-0.03%

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..