U

USDS

USDSRank #12StablecoinDeFiCollateral
A$1.42+0.00%24h
USDS - AUD
A$1.42
29 July30 July31 July1 Aug2 Aug3 Aug4 Aug5 Aug
Market Cap
A$13.96B
24H Volume
A$219.28M
Circulating Supply
9.84B USDS
Fully Diluted
A$13.96B
All-Time High
A$1.69
All-Time Low
A$1.37
Volume / MCap
1.57%
1H / 7D
+0.00% / +0.00%

About USDS

Last updated 5 Aug

USDS is the dollar stablecoin of the Sky ecosystem, which evolved from MakerDAO and the Dai stablecoin system. USDS is designed to maintain one US dollar of value while supporting DeFi liquidity, savings products, collateral markets and governance-directed risk parameters.

For Australian users watching the USDS price in AUD, price movement usually follows the AUD/USD exchange rate, while risk analysis should focus on collateral quality, peg stability, governance decisions and redemption paths. USDS is best understood as DeFi dollar infrastructure rather than a growth-style crypto asset.

Quick Facts
Native tokenUSDS
Network typeDecentralised stablecoin
Launched2024
ConsensusIssued by Sky protocol smart contracts
Max supplyVariable supply backed by collateral
Founded bySky ecosystem
Use caseDeFi dollar liquidity and collateral
Websitesky.money
Tags
StablecoinDeFiCollateral

Market depth

Research context