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USDS price

USDS priceUSDS

Listed
Buy
$0.9997USD
-0.02%1D
The price of USDS (USDS) in United States Dollar is $0.9997 USD.
USDS (USDS) will be listed in the Innovation and DeFi Zone. You can quickly sell or buy USDS. Spot Trading Link: USDS/USDT.
New users can get a welcome gift package worth 6200U, Claim it now>>
USDS price USD live chart (USDS/USD)
Last updated as of 2025-10-23 09:28:49(UTC+0)

USDS market Info

Price performance (24h)
24h
24h low $124h high $1
All-time high (ATH):
$1.58
Price change (24h):
-0.02%
Price change (7D):
-0.04%
Price change (1Y):
-0.02%
Market ranking:
#9229
Market cap:
$9,126,428,831.36
Fully diluted market cap:
$9,126,428,831.36
Volume (24h):
$23,098,045.16
Circulating supply:
9.13B USDS
Max supply:
--
Total supply:
9.13B USDS
Circulation rate:
99%
Contracts:
0x6491...49b876b(Arbitrum)
Moremore
Links:
Buy/sell now

Live USDS price today in USD

The live USDS price today is $0.9997 USD, with a current market cap of $9.13B. The USDS price is down by 0.02% in the last 24 hours, and the 24-hour trading volume is $23.10M. The USDS/USD (USDS to USD) conversion rate is updated in real time.
How much is 1 USDS worth in United States Dollar?
As of now, the USDS (USDS) price in United States Dollar is valued at $0.9997 USD. You can buy 1USDS for $0.9997 now, you can buy 10 USDS for $10 now. In the last 24 hours, the highest USDS to USD price is $1 USD, and the lowest USDS to USD price is $0.9995 USD.

Do you think the price of USDS will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on USDS's price trend and should not be considered investment advice.
The following information is included:USDS price prediction, USDS project introduction, development history, and more. Keep reading to gain a deeper understanding of USDS.

USDS price prediction

When is a good time to buy USDS? Should I buy or sell USDS now?

When deciding whether to buy or sell USDS, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget USDS technical analysis can provide you with a reference for trading.
According to the USDS 4h technical analysis, the trading signal is Strong sell.
According to the USDS 1d technical analysis, the trading signal is Sell.
According to the USDS 1w technical analysis, the trading signal is Sell.

About USDS (USDS)

What Is USDS?

USDS is the stablecoin of Sky Protocol, designed as an upgraded version of DAI to improve stability, scalability, and functionality in decentralized finance (DeFi). Like other stablecoins, USDS is pegged to the US dollar, meaning its value is meant to stay around $1. Unlike centralized stablecoins issued by companies like Tether (USDT) or USDC , USDS is collateral-backed and runs on smart contracts, making it fully decentralized. It plays a key role in the Sky Ecosystem, allowing users to trade, save, and earn rewards without relying on banks or centralized platforms.

You can get USDS by trading it on decentralized exchanges (DEXs), converting DAI to USDS at a 1:1 rate, or minting it using collateral. Once you have USDS, you can hold it as a stable asset, use it for transactions, or earn rewards by participating in Sky Protocol’s savings and rewards programs. Because it’s fully blockchain-based, every transaction is transparent, and no third party has control over your funds.

How USDS Works

USDS is created through Sky Vaults, where users deposit crypto assets like ETH, USDC, or tokenized real-world assets (RWAs) to mint USDS. This system is similar to how MakerDAO’s DAI works, but with added improvements in scalability and governance. Every USDS token is backed by collateral, helping it maintain a stable value. If the value of the collateral drops too much, the system liquidates the position to protect the protocol and its users.

Beyond being just a stablecoin, USDS offers ways to earn rewards. Users can stake USDS in the Sky Savings Rate (SSR) to earn passive income or participate in Sky Token Rewards (STRs), which distribute extra benefits to USDS holders. These features make USDS more than just a digital dollar—it’s also a way to engage with decentralized finance and grow your holdings while keeping stability.

Is USDS Safe?

USDS is built to be secure and stable, backed by excess collateral to prevent sudden drops in value. Since every USDS in circulation is supported by assets in Sky Vaults, the risk of collapse is reduced compared to some algorithmic stablecoins that have failed in the past. The system also has an automated liquidation process, ensuring that if a user’s collateral value falls too low, their assets are sold to keep the protocol balanced.

That said, no cryptocurrency is 100% risk-free. While USDS is designed to hold its $1 value, it’s still subject to market conditions, smart contract vulnerabilities, and potential regulatory changes. Like any DeFi project, it’s important to research the protocol, understand how it works, and only invest what you’re comfortable with.

Conclusion

USDS is a decentralized, collateral-backed stablecoin that plays a central role in Sky Protocol’s financial ecosystem. Its collateralized system and governance model help maintain its peg to the US dollar, making it a potentially useful tool for navigating the crypto space. As DeFi continues to evolve, USDS will be part of the broader shift toward decentralized, user-controlled finance, offering an alternative to traditional stablecoins and centralized financial systems.

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Bitget Insights

tokenterminal_
tokenterminal_
1d
RT @tokenterminal: 🚨💹 ICYMI: ~4.9k USDS holders have opted into earning the @SkyEcosystem Savings Rate (by converting their USDS to sUSDS).…
USDS+0.04%
THEDEFIPLUG
THEDEFIPLUG
2025/10/17 09:44
After reviewing the broad market data over the past week, one pattern became impossible to ignore: Crypto no longer runs on $ETH or $BTC. It runs on dollars. The total stablecoin supply, $312.3B now, is not just liquidity. It has become the monetary base of the entire crypto economy. Stablecoins now play the same role that M2 does in traditional finance: they serve as the denominator for every yield, collateral, and leverage cycle in DeFi. Every expansion and contraction in stablecoin supply has mapped closely to the market’s risk-on and risk-off phases. ● Why This Shift Redefines Crypto’s Economy From a macro perspective, crypto has entered its dollarization phase. This shift has three defining features: > Stable liquidity exceeds speculative liquidity: Yield, staking, and perpetual futures are all settled in USD terms. > Dollar rails are becoming the infrastructure layer: Cross-chain flows, RWAs, and restaking activities are now denominated in stable value. > Supply growth equals credit expansion: When stablecoin supply increases, DeFi TVL and trading activity expand almost mechanically. This dynamic means that blockchains no longer represent “alternative economies.” They now operate as parallel dollar economies. ● The Onchain Metrics Here are Stablecoin market share and Supply as of October 2025 (DefiLlama data): ➤ $USDT (57.9%): $180.8B ➤ $USDC (24.4%): $75.7B ➤ $USDe(4.0%): $12.3B ➤ $USDS + $DAI (4.1%): $12.7B ➤ Others (4.9%): $15.3B Total $312B However, velocity is the real signal. When stablecoins circulate through lending pools, perpetual futures, or restaking vaults, credit expands. When they sit idle in wallets or treasuries, liquidity slows. Historical examples show the pattern clearly: In 2020, stablecoin supply grew fivefold, and DeFi TVL rose from $1 billion to $100 billion. In 2022, redemptions erased $10 billion, and TVL dropped by half. In 2025, supply has plateaued, and so has growth. Stablecoin velocity is becoming crypto’s version of M2 money velocity. ● Competitive Landscape Issuers are competing to define how crypto holds dollar liquidity. 🔹Centralized Giants ( $USDT, $USDC ): Over 80% of supply; deep liquidity but dependent on banks and regulators. 🔹Protocol-Native Dollars ( $DAI, $sDAI, $crvUSD ): Backed by staked ETH, RWAs, and vault yields. 🔹Synthetic Stablecoins ( $USDe, $FDUSD ): Use perps and hedged strategies to stay uncustodied yet yield-bearing. 🔹RWA Primitives ( $OUSG ): Tokenize Treasuries yielding 4.5–5.2% and plug into restaking for “yield-backed dollars.” Each answers the same question: how can crypto sustain dollar liquidity without centralized custody? Each design attempts to answer the same structural question: How can crypto sustain dollar liquidity without relying on centralized custody? ● What’s Next? > Stablecoin Expansion Will Reprice Risk: As supply grows, leverage and TVL will likely expand in lockstep. > Yield-Bearing Collateral Will Lead: RWAs and restaking receipts will merge into hybrid, interest-bearing dollar instruments. > Velocity Will Become a Market Indicator: Stablecoin velocity will replace price charts as the leading macro signal for market direction. > Dollar Infrastructure Will Be the New Battleground: Control of issuance, redemption, and composability rails will define the next cycle’s winners: Circle, Ethena, and Falcon. ● My Take From my perspective, this is crypto’s most structural yet overlooked shift. Everyone talks about AI, L2s, and restaking, but everything still settles in dollars. Stablecoins aren’t a byproduct of liquidity. They are the liquidity. Until supply expands again, crypto stays in quiet monetary tightening. If DeFi is the economy, stablecoins are its money supply, and that supply isn’t growing.
USDE-0.02%
DAI+0.02%
tokenterminal_
tokenterminal_
2025/10/07 22:39
Two 'stablecoins' with a similar outstanding supply, but differing usage & holder metrics: 🛒 @circle's USDC on @solana = consumer payments & trading 💹 @SkyEcosystem USDS on @ethereum = institutional high-yield savings account
USDC+0.01%
USDS+0.04%
tokenterminal_
tokenterminal_
2025/10/03 12:48
The top two stablecoins in the market: USDT and USDC. No yield for holders. The top two challenger stablecoins: USDe and USDS. Yield for holders. Interesting.
USDE-0.02%
USDC+0.01%

USDS/USD price calculator

USDS
USD
1 USDS = 0.9997 USD. The current price of converting 1 USDS (USDS) to USD is 0.9997. This rate is for reference only.
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USDS resources

USDS ratings
4.4
100 ratings

Tags

Asset-Backed Stablecoin
Moremore
Contracts:
0x6491...49b876b(Arbitrum)
Moremore
Links:

What can you do with cryptos like USDS (USDS)?

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How do I buy USDS?

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How do I sell USDS?

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What is USDS and how does USDS work?

USDS is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive USDS without the need for centralized authority like banks, financial institutions, or other intermediaries.
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FAQ

What is the current price of USDS?

The live price of USDS is $1 per (USDS/USD) with a current market cap of $9,126,428,831.36 USD. USDS's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. USDS's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of USDS?

Over the last 24 hours, the trading volume of USDS is $23.10M.

What is the all-time high of USDS?

The all-time high of USDS is $1.58. This all-time high is highest price for USDS since it was launched.

Can I buy USDS on Bitget?

Yes, USDS is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy usds guide.

Can I get a steady income from investing in USDS?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy USDS with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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