Markets / USDS
USDS USDS #14
$1.00
▲0.03% 24h · median of 6 sources, which agree within 0.11%
USDS price by source
| Data provider | Price | vs. median |
|---|---|---|
| C CoinGecko | $1.00 | 0.00% |
| C CoinPaprika | $1.0003 | +0.03% |
Where to buy USDS
| Exchange | Price | Trade |
|---|---|---|
| B Binance | $1.00 | Trade ↗ |
| M MEXC | $1.001 | Trade ↗ |
| B Bybit | $1.00 | Trade ↗ |
| C Coinbase Lowest | $0.9999 | Trade ↗ |
Last traded price on each exchange's busiest USD, USDT or USDC market, converted to dollars. Fees and spreads are not included.
About 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.
Description courtesy of CoinGecko.