USDS (USDS) price and market data

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.

Trading USDS on Hypertradeworx

Hypertradeworx is a self-custodial trading terminal. Where USDS is listed as a perpetual, the same order ticket routes to Hyperliquid, Lighter, AsterDex, GMX and Ostium, so you choose the venue per trade instead of moving funds between apps. Your keys stay on your device throughout, and you can fund by card, swap across chains, or withdraw without an exchange account.

Questions

What is 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.

What is the current USDS price?

USDS trades at $1, -0.00% over the last 24 hours. Prices update live in the terminal above.

Can I trade USDS perpetuals?

Where USDS is listed as a perpetual, Hypertradeworx routes the order across Hyperliquid, Lighter, AsterDex, GMX and Ostium from a single ticket, with your keys held in a self-custodial wallet on your device.

What is the USDS market cap?

USDS has a market capitalisation of $9.73B, ranking #14 by market cap, with $246.36M traded in the last 24 hours.