USDS Icon

$USDS

$USDS

USDS

USDS is the native stablecoin of the decentralized Sky Protocol, designed as the upgraded version of DAI. It remains pegged to the U.S. dollar and powers Sky’s ecosystem features such as the Sky Savings Rate (SSR) and Sky Token Rewards (STRs). All operations are non‑custodial, meaning you retain full control of your funds.

Stablecoins
Explore issuer purchase options or request access through RWA.xyz.

Market Cap

$5.59B

▼18.17%from 30d ago

Price

$1.00

▲+0.05%from 30d ago

Holders

30,891

▲+3.20%from 30d ago

Monthly Transfer Volume

$52.16B

▼4.09%from 30d ago

Monthly Active Addresses

19,481

▲+44.46%from 30d ago

USDS

Return Target

Not supplied yet.

Asset Class

Stablecoins

Exposure

Cryptocurrencies, Diversified Credit, Stablecoins, US Treasury Debt USDS is the native stablecoin of the decentralized Sky Protocol, designed as the upgraded version of DAI. It remains pegged to the U.S. dollar and powers Sky’s ecosystem features such as the Sky Savings Rate (SSR) and Sky Token Rewards (STRs). All operations are non‑custodial, meaning you retain full control of your funds.

Liquidity

Not supplied yet.

Asset Manager

Asset manager details have not been supplied yet.

Management Team

Management team details have not been supplied yet.

USDS Metrics

Fees

Management fee
0%
Performance fee
0%

Collateral & Investor Protections

Accounts segregated
Yes
Holdings bankruptcy remote
Yes
Account segregation details
ETH reserves are fully segregated for the benefit of DAI holders and vault owners.
Bankruptcy protection details
The Emergency Shutdown Process of Multi-Collateral DAI (MCD) allows DAI Holders and Vault users to receive the net value of assets they are entitled to, even in circumstances of an emergency shutdown of the protocol.

Legal Structure & Regulation

Legal issuer
Sky
Tokenization Sponsorship
Issuer-Sponsored
Legal structure
Non-Regulated
Regulatory Framework

Non-Regulated

Inception date
11/13/2019
Denomination
USD

Assessments & Ratings

Provider
Rating
Document
S&P Global Ratings

Token & Networks

Underlying units per token
1
Platform
Tokenization type
Transferability
Transferable without restrictions
Token supply
5,589,919,583.88
▼
Circulating supply
5,589,919,583.88
▼

Blockchain Networks

Network
Type
Tokenization
Type
Token Standard
Token Supply
Circulating Supply
Bridged Supply
Holders
Trailing 30D
Active Addresses
Monthly
Transfer Volume
Monthly
Transfer Count
Contract Address
Native
ERC-20
5,585,475,603.97
▼
Native
SPL
4,443,979.90
▼

Holders

All networks · changes vs. 30 days ago

Holding addresses
30,891▲+0.03%
Active (30D)
19,481▲+0.44%

View detailed token
holder breakdowns

Sign up for a free account to get access to breakdowns of which investor addresses hold an RWA across blockchain networks.

Holders Product Screenshot