DORRS MARKET INTELLIGENCE
Sky USDS
ASSET PROFILE
Business description
Sky USDS (USDS) is a decentralized, overcollateralized stablecoin issued by the Sky Protocol, designed to maintain a soft peg to the U.S. dollar. USDS is minted through smart contract vaults where users deposit approved collateral and borrow against it under governance-defined risk parameters. As an evolution of DAI, USDS supports multi-chain deployment, yield generation through the Sky Savings Rate (SSR), and serves as a core unit of account, liquidity, and settlement across decentralized finance applications.
TRADING ACTIVITY
Last-sale transactions
No last-sale activity to display
Executed transactions will appear here when reported by a connected source.
Valuation source notes
Reported network values do not reconcile to the consolidated total. Network allocation needs review.
Deployment value differs from supply × the reported analytics price. The API may use manual/NAV or underlying-reference pricing; verify the valuation basis.
