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Sky Dollar

USDS

USDs is a fully collateralized stablecoin on Ethereum that is backed by yield-generating assets.

Risk Rating
Average
What is Sky Dollar?
Information
Blockchain
  • Ethereum
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Average
Asset Strength

USDS is a mid-cap, fully collateralized asset. This asset depends on multiple centralized entities for its backing including fiat stablecoins (i.e. USDC) and real-world assets (RWAs). This asset is exposed to the underlying risks of Sky (fka Maker), a protocol rated as Good.

USDS is a stablecoin that usually trades within 20bps of its peg to USD, which makes it a solid store of value.

Dependencies
Asset Tokenomics

USDS does not have a supply schedule. USDS is the rebranded version of DAI, the most battle-tested, decentralized stablecoin in DeFi.

Things to know about USDS
USDS Pools
Sky USD Fee Sharing
4.7%
Yield
$2B
TVL
Risk
B
Protocol
Maker
Chain
Ethereum
Sky USD Yield
1.9%
Yield
$560M
TVL
Risk
B
Protocol
Maker
Chain
Ethereum
Spark USD Fee sharing
7%
Yield
$231M
TVL
Risk
B
Protocol
Spark
Chain
Ethereum
Spark USD Lending
3.8%
Yield
$187M
TVL
Risk
B
Protocol
Spark
Chain
Ethereum
Morpho USD Lending
4.8%
Yield
$38M
TVL
Risk
C
Protocol
Morpho
Chain
Ethereum
Yearn USD Staking
11.5%
Yield
$33M
TVL
Risk
C
Protocol
Yearn V2
Chain
Ethereum
Yearn USD Yield
7%
Yield
$23M
TVL
Risk
C
Protocol
Yearn V2
Chain
Ethereum
Aave USD Lending
4.1%
Yield
$23M
TVL
Risk
B
Protocol
Aave V3
Chain
Ethereum
Aave USD Lending
5.1%
Yield
$465K
TVL
Risk
B
Protocol
Aave V3
Chain
Ethereum