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USDS USDS
 
January 02, 2026 - February 02, 2026
Start Price (01/02/2026) $0.99971421240656
End Price (02/02/2026) $0.99981830059578
Platform: Ethereum
Contract Address: 0xdc035d45d973e3ec169d2276ddab16f1e407384f
USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S. dollar. It functions as a versatile tool for decentralized finance (DeFi), allowing value to move through the system via peer-to-peer lending and saving without a middleman. The token is 'put to work' by being supplied to various protocol modules; for example, users can convert USDS into sUSDS to earn interest from protocol revenue or lock it to receive SKY governance tokens. As the ecosystem grows, this scales through "Sky Stars," which are semi-autonomous projects that expand the stablecoin’s utility into specialized areas like institutional credit and advanced lending.