Upgraded version of DAI by Sky (formerly MakerDAO). Over-collateralized stablecoin with yield-earning potential through the Sky Savings Rate.
Current APY
5.00%
Total Value Locked
$4.10B
Price
$1
Holders
89.0K
Market Cap
$4.10B
Yield History
Yield vs Peers
Rank #7 of 14 in StablecoinsYield Calculator
| Period | USDS(5.00%) | Bank Savings(4.5%) | Advantage |
|---|---|---|---|
| 30 Days | +$41.1 | +$36.99 | +$4.11 |
| 90 Days | +$123.29 | +$110.96 | +$12.33 |
| 6 Months | +$249.32 | +$224.38 | +$24.93 |
| 1 Year | +$500 | +$450 | +$50 |
Projected returns based on current APY. Actual returns may vary. Not financial advice.
Risk Scanner
5/7 checks passedAudited by ChainSecurity
Institutional-grade custody and management
No KYC — may face future regulatory scrutiny
Deep liquidity — 4.10B TVL
On 2 chains — moderate diversification
No lock period — redeem anytime
Very stable — within 5% of 30d average
Protocol Health
Contract Status
Data Feed
Audit Status
Oracle Health
Holder Activity
Reserve Transparency
Entry & Exit Costs
Break-even Insight
On base, a $1,000 investment at 5.00% APY recovers gas costs (entry + exit) in 1 days.
Key Facts
- Name
- Sky Dollar
- Ticker
- USDS
- Category
- Stablecoins
- Platform
- Sky (MakerDAO)
- Inception
- Sep 18, 2024
- Management Fees
- 0%
Investment Details
- Min. Investment
- None
- Lock Period
- None
- KYC Required
- No
- Accredited Only
- No
- Eligible Investors
- All Investors
- Available Chains
- ethereum, base
Market Data
- TVL
- $4.10B
- Price
- $1
- Market Cap
- $4.10B
- Holders
- 89,000
- 7D APY
- 4.95%
- 30D APY
- 5.05%
- Risk Level
- low risk
- Audit Status
- audited (ChainSecurity)
Chain Distribution
| Network | TVL | Share | Contract |
|---|---|---|---|
ethereum | $2.46B | 60.0% | 0xdC03...384F |
base | $1.64B | 40.0% | — |
Similar Stablecoins Assets
Frequently Asked Questions
What is Sky Dollar?
Upgraded version of DAI by Sky (formerly MakerDAO). Over-collateralized stablecoin with yield-earning potential through the Sky Savings Rate.
What is the current yield on USDS?
USDS currently offers 5.00% APY. The 7-day average is 4.95% and 30-day average is 5.05%.
Is USDS safe?
USDS has a low risk rating and a tokenomics score of A. It is audited by ChainSecurity. Always do your own research before investing.
How do I buy USDS?
USDS is available on ethereum, base. No KYC is required. No minimum investment.
What chains is USDS available on?
USDS is deployed on Ethereum, Base. Each chain may have different liquidity levels and gas costs.
Last updated: Mar 28, 2026, 9:29 AM