USDS/Y1
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-autonomous projects that expand the stablecoin’s utility into specialized areas like institutional credit and advanced lending.
Score | 38 |
|---|---|
24h Vol | $147.9 |
Liquidity | $1.5K |
Holders | 11K |
Audits | |
Age | 1 day |
FDV | $56.3M |
Market Cap | $10.83B |
| Addresses | |
|---|---|
| Pool | |
| USDS |  |
| Y1 |
USDS to Y1 Converter
Score | 38 |
|---|---|
24h Vol | $147.9 |
Liquidity | $1.5K |
Holders | 11K |
Audits | |
Age | 1 day |
FDV | $56.3M |
Market Cap | $10.83B |
About USDS (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-autonomous projects that expand the stablecoin’s utility into specialized areas like institutional credit and advanced lending.
USDS/Y1 Price Stats
The current price of USDS (USDS/Y1) on Raydium (CLMM) is $1.0011, the price is up 0.21% in the last 24 hours. Its 24-hour trading volume is reported to be at $147.90 with a total of 25 transactions. USDS/Y1 contract address is sejdLahC8q8hFmkvmgG98PHkKUSk8ez5YbJRXo6Kztm, with a Fully Diluted Valuation (FDV) of $56.34M and a liquidity pool of $1,498.01.
