Stablecoin · #14 by market cap (snapshot)
USDS
—
24h loading…
USDS (USDS) — USDS is the stablecoin of Sky, the ecosystem formerly known as MakerDAO. It's designed to stay close to one US dollar, and can be upgraded from DAI.
🧩 What it is
USDS is the stablecoin of Sky, the ecosystem formerly known as MakerDAO. It's designed to stay close to one US dollar, and can be upgraded from DAI.
⚡ Why it's interesting
It's a decentralised alternative to company-issued stablecoins. Holders can convert to sUSDS to earn the protocol's savings rate.
⚠️ Key risks
Its collateral includes crypto and real-world assets, so stability depends on that collateral and smart contracts. A freeze feature has raised decentralisation debates, and the peg could break in extreme markets.
👀 What to watch
Sky's collateral mix, savings rate and how fast DAI holders migrate. A changing savings rate changes the appeal.
Written by the Hodlia.fi editorial team. Education only — not financial advice, no price predictions. Contains a TradingView affiliate link.
Last 30 days
Open USDS chart in TradingView Affiliate: if you subscribe via our TradingView link, Hodlia may earn a commission at no extra cost to you.
❓ USDS FAQ
What is USDS (USDS)?
USDS is the stablecoin of Sky, the ecosystem formerly known as MakerDAO. It's designed to stay close to one US dollar, and can be upgraded from DAI.
Why do people follow USDS?
It's a decentralised alternative to company-issued stablecoins. Holders can convert to sUSDS to earn the protocol's savings rate.
What are the main risks of USDS?
Its collateral includes crypto and real-world assets, so stability depends on that collateral and smart contracts. A freeze feature has raised decentralisation debates, and the peg could break in extreme markets.
What should I watch with USDS?
Sky's collateral mix, savings rate and how fast DAI holders migrate. A changing savings rate changes the appeal.
Is USDS a good investment?
Hodlia yatırım tavsiyesi vermez. USDS size uyuyor mu, hedeflerinize, zaman ufkunuza ve katlanabileceğiniz zarara bağlıdır. Kripto fiyatları sert ve hızlı düşebilir. Yukarıdaki riskleri okuyun, çeşitlendirilmiş bir alternatifle karşılaştırın ve bağımsız tavsiye düşünün.