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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.58%
New listings: Pi
Hot BTC ETF : IBIT
BTC/USDT$103432.82 (-0.51%)Fear and Greed Index74(Greed)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketSOONNEWTotal spot Bitcoin ETF netflow +$260.2M (1D); +$1.05B (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.58%
New listings: Pi
Hot BTC ETF : IBIT
BTC/USDT$103432.82 (-0.51%)Fear and Greed Index74(Greed)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketSOONNEWTotal spot Bitcoin ETF netflow +$260.2M (1D); +$1.05B (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
USDS PriceUSDS
USD
$1USD
+0.28%1D
The price of 1 USDS (USDS) in is valued at $1 USD as of 05:51 (UTC) today.
USDS (USDS) will be listed in the Innovation and DeFi Zone. You can quickly sell or buy USDS. Spot Trading Link:
USDS/USDT.
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USDS to USD converter
USDS
USD
1 USDS = 1 USD. The current price of converting 1 USDS (USDS) to USD is 1. Rate is for reference only. Updated just now.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.
USDS price chart (USDS/USD)
Last updated as of 2025-05-17 05:51:24（UTC+0）
Market cap:$7,019,956,004.39
Fully diluted market cap:$7,019,956,004.39
Volume (24h):$4,275,596.93
24h volume / market cap:0.06%
24h high:$1.01
24h low:$0.9953
All-time high:$1.58
All-time low:$0.9103
Circulating supply:7,009,647,000 USDS
Total supply:
7,009,647,203.76USDS
Circulation rate:99.00%
Max supply:
--USDS
Price in BTC:24,634.78 BTC
Price in ETH:260.97 ETH
Price at BTC market cap:
--
Price at ETH market cap:
--
Contracts:
0x6491...49b876b(Arbitrum)
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Do you think the price of USDS will rise or fall today?
Total votes:
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Voting data updates every 24 hours. It reflects community predictions on USDS's price trend and should not be considered investment advice.
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.
AI analysis report on USDS
Today's crypto market highlightsView report
Live USDS Price Today in USD
The live USDS price today is $1 USD, with a current market cap of $7.02B. The USDS price is up by 0.28% in the last 24 hours, and the 24-hour trading volume is $4.28M. The USDS/USD (USDS to USD) conversion rate is updated in real time.
How much is 1 USDS worth in ？
As of now, the price of 1 USDS (USDS) in is valued at $1 USD. You can buy 1 USDS for $1, or 9.985315352987865 USDS for $10 now. In the past 24 hours, the highest USDS to USD price was $1.01 USD, and the lowest USDS to USD price was $0.9953 USD.
USDS Price History (USD)
The price of USDS is -8.47% over the last year. The highest price of USDS in USD in the last year was $1.58 and the lowest price of USDS in USD in the last year was $0.9103.
TimePrice change (%)
Lowest priceHighest price
Lowest priceHighest price 24h+0.28%$0.9953$1.01
7d+0.13%$0.9911$1.01
30d+0.26%$0.9911$1.01
90d-0.20%$0.9686$1.2
1y-8.47%$0.9103$1.58
All-time-2.84%$0.9103(2024-10-18, 211 days ago )$1.58(2024-09-24, 235 days ago )
What is the highest price of USDS?
The all-time high (ATH) price of USDS in USD was $1.58, recorded on 2024-09-24. Compared to the USDS ATH, the current price of USDS is down by 36.71%.
What is the lowest price of USDS?
The all-time low (ATL) price of USDS in USD was $0.9103, recorded on 2024-10-18. Compared to the USDS ATL, the current price of USDS is up by 10.02%.
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 buy.
According to the USDS 1d technical analysis, the trading signal is Buy.
According to the USDS 1w technical analysis, the trading signal is Strong buy.
What will the price of USDS be in 2026?
Based on USDS's historical price performance prediction model, the price of USDS is projected to reach $0.9253 in 2026.
What will the price of USDS be in 2031?
In 2031, the USDS price is expected to change by +17.00%. By the end of 2031, the USDS price is projected to reach $2.41, with a cumulative ROI of +139.46%.
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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 $7,019,956,004.39 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 $4.28M.
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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Live coinInfo.name (12) price chart
Global USDS Prices
How much is USDS worth right now in other currencies? Last updated: 2025-05-17 05:51:24（UTC+0）
USDS to MXN
Mexican Peso
Mex$19.5USDS to GTQGuatemalan Quetzal
Q7.68USDS to CLPChilean Peso
CLP$946.11USDS to UGXUgandan Shilling
Sh3,661.87USDS to HNLHonduran Lempira
L26.03USDS to ZARSouth African Rand
R18.06USDS to TNDTunisian Dinar
د.ت3.02USDS to IQDIraqi Dinar
ع.د1,311.62USDS to TWDNew Taiwan Dollar
NT$30.25USDS to RSDSerbian Dinar
дин.104.75USDS to DOPDominican Peso
RD$58.9USDS to MYRMalaysian Ringgit
RM4.3USDS to GELGeorgian Lari
₾2.74USDS to UYUUruguayan Peso
$41.77USDS to MADMoroccan Dirham
د.م.9.32USDS to AZNAzerbaijani Manat
₼1.7USDS to OMROmani Rial
ر.ع.0.39USDS to KESKenyan Shilling
Sh129.41USDS to SEKSwedish Krona
kr9.79USDS to UAHUkrainian Hryvnia
₴41.54- 1
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How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
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6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
Cryptocurrency investments, including buying USDS online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy USDS, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your USDS purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
USDS to USD converter
USDS
USD
1 USDS = 1 USD. The current price of converting 1 USDS (USDS) to USD is 1. Rate is for reference only. Updated just now.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.
USDS ratings
Average ratings from the community
4.4
This content is for informational purposes only.
Bitget Insights
CRYPTOHEIGHTS
2d
CoinRank Crypto Digest (5/14)｜Sky Posts $5 Million Loss in Q1
SEC delays BlackRock ETF decision, seeks public feedback on in-kind redemptions amid custody and compliance concerns following past crypto collapses like FTX.
Sky reports $5M Q1 loss, driven by higher interest payouts to promote new stablecoin USDS, aiming to replace DAI in its ecosystem.
XRP futures OI jumps 41.6% alongside price increase, fueled by regulatory optimism and leverage, signaling bullish momentum but potential for sharp reversals.
SEC SEEKS PUBLIC INPUT ON BLACKROCK’S BITCOIN ETF REDEMPTION MODEL
The U.S. Securities and Exchange Commission (SEC) on Tuesday delayed its decision on whether to allow BlackRock’s spot Bitcoin ETF to support in-kind redemptions (actual Bitcoin instead of cash). The SEC also started a public comment period on the proposal.
Additionally, the SEC postponed reviews of Grayscale’s Litecoin Trust, Solana Trust, and 21Shares’ Dogecoin ETF, and is also seeking public feedback.
Analysis:
The SEC’s delay is likely due to concerns around custody and compliance. In-kind redemption requires secure cold storage and strong anti-money laundering (AML) procedures.
The regulator wants to avoid risks like those seen in the FTX collapse of 2022, which led to $8 billion in losses.
SKY POSTS $5 MILLION LOSS IN Q1
Sky (formerly MakerDAO) reported a $5 million loss in Q1 2025, mainly because of a sharp increase in interest paid to token holders. This marks a big shift from the previous quarter, when Sky earned $31 million in profit.
Interest expenses rose by 102% after Sky increased incentives to promote its new stablecoin, Sky Dollar (USDS), aiming to replace the widely used DAI.
Analysis:
This isn’t just a business loss—it’s a strategic move. Sky is choosing to “burn money” now to grow its new ecosystem. If USDS gains traction, it could repeat DAI’s past success.
XRP FUTURES OPEN INTEREST SURGES 41.6% IN A WEEK
Over the past week, XRP futures open interest jumped by $1 billion, rising from $2.42B to $3.42B, a 41.6% increase. This comes as XRP’s price climbed from $2.14 to $2.48, showing rising market activity and stronger bullish sentiment.
Analysis:
The rise in open interest and price is likely driven by regulatory settlement hopes and political support for XRP. But the high use of leverage suggests a speculative bubble. Bulls are in control for now, but a market reversal could be near.
〈CoinRank Crypto Digest (5/14)｜Sky Posts $5 Million Loss in Q1〉這篇文章最早發佈於《CoinRank》。
MOVE-3.04%
BITCOIN-0.34%
Bpay-News
3d
Sky Q1 loss of $5 million as incentive USDS interest expense increased 102%
According to a report prepared by contributors to Steakhouse Financial, Sky (formerly MakerDAO) lost $5 million in the first quarter of this year due to a doubling of interest payments to token holders. This loss is in stark contrast to the previous quarter, when Sky achieved a profit of $31 million. The main reason for the 102% increase in interest expenses is Sky's decision to push users to use its newly launched stablecoin Sky Dollar (USDS) through higher incentives to replace the existing DAI.
DAI0.00%
S-2.54%
Bpay-News
3d
DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit
USDS+0.13%
SKY-2.75%
Bpay-News
3d
DeFi protocol Sky records $5 million loss in Q1
Sky reported a net loss of $5 million in the first quarter of 2025. This performance is in stark contrast to the net profit of $31 million in the previous quarter. The main reason for the loss was that the cost of interest payments to token holders more than doubled, which stemmed from Sky's decision to incentivize the use of its new stablecoin USDS instead of the existing DAI. The report pointed out that while Sky offered a higher USDS yield to attract users, this led to a decline in the profitability of the protocol, especially if the demand for USDS lending failed to grow accordingly. (CoinDesk)
DAI0.00%
S-2.54%
Bpay-News
3d
Sky Q1 Losses $5 Million Due to Soaring USDS Incentive Interest Expense Increase of 102%
USDS+0.13%
SKY-2.75%
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