
USDS
usds#11$0.999617
-0.01% (24h)
Price Chart
Market Cap
$11.83B
24h Volume
$74.66M
Circulating Supply
11.84B USDS
Max Supply
∞ Unlimited
24h High
$0.999918
24h Low
$0.999065
All Time High
$1.06
All Time Low
$0.948265
Fully Diluted Val.
$11.83B
From ATH
-5.5%
Price Change
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-aut…