U

USDS

USDSRank #13StablecoinDeFiCollateral
A$1.43+0.07%24h
USDS - AUD
A$1.43
15 July16 July17 July18 July19 July20 July21 July22 July
Market Cap
A$14.15B
24H Volume
A$215.39M
Circulating Supply
9.91B USDS
Fully Diluted
A$14.15B
All-Time High
A$1.69
All-Time Low
A$1.37
Volume / MCap
1.52%
1H / 7D
+0.00% / -0.13%

About USDS

Last updated 22 July

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