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USDS (USDS) price
#17StablecoinsAbout the project
USDS is the stablecoin of Sky, the protocol formerly known as MakerDAO, launched in 2024. It is pegged to the dollar and backed by crypto collateral and real-world assets, including US Treasuries held by the protocol.
USDS is the upgraded version of DAI, and the two can be swapped one to one. Holders can deposit USDS into the protocol's savings module to earn the Sky Savings Rate.
USDS overview: dollar peg and volume
USDS (USDS) is a US dollar stablecoin. It trades at $0.9999, a -0.01% deviation from $1: the peg is holding.
Market cap is $9.98B, ranked #17. Daily trading volume is $35.4M (0.4% of market cap). 9,976,235,112 USDS are in circulation; supply grows as money flows in and shrinks on redemptions.
This summary updates with live market data.
Frequently asked questions
How much is 1 USDS in US dollars?
1 USDS is worth about $0.999924, +0.01% over 24 hours. The price updates every few minutes from exchange data.
How much is 1 USDS in euros?
About €0.888822, converted from the dollar price at the current exchange rate.
What is the market cap of USDS?
$9.98B, ranked #17 among cryptocurrencies.
How many USDS coins are there?
9.98B USDS in circulation.
What is the all-time high of USDS?
$1.06, the highest price in its trading history.