USDS Price (USDS)

USDS is a dollar stablecoin from the Sky Protocol, which grew out of MakerDAO. Sky provides a converter between DAI and USDS at a one-to-one rate. The price shown above comes from the market and can move away from one dollar.

Holding USDS on its own does not earn the Sky Savings Rate. When someone supplies USDS to Sky’s savings module, they receive sUSDS, which tracks their share of the module. As savings accrue, one sUSDS can exchange for more than one USDS. Sky governance can change the savings rate.

For the dollar peg, look at the USDS quote. For adoption, use the circulating supply and compare it with other dollar stablecoins. The sUSDS exchange rate reflects the savings position and answers a different question from the USDS market price.