Onchain Marketcap$5.062b
Onchain Marketcap by chain
Ethereum$4.683b
Arbitrum$361.97m
Base$11.99m
OP Mainnet$5.12m
Key Metrics
Active Marketcap$5.062b
Ethereum$4.683b
Arbitrum$361.97m
Base$11.99m
OP Mainnet$5.12m
DeFi Active TVL$592.57m
Arbitrum Bridge$361.93m
Ethereum$361.93m
Morpho Blue$96.12m
Ethereum$95.84m
Arbitrum$275,445
Base$1,236
Pendle$83.01m
Ethereum$83m
Arbitrum$4,729
AO Bridge$21.48m
Ethereum$21.48m
Olympus DAO (Treasury)$5.78m
Ethereum$5.78m
Mento V2$4.69m
Ethereum$4.69m
ENS (Treasury)$4.63m
Ethereum$4.63m
SparkLend$3.3m
Ethereum$3.3m
Curve DEX$2.67m
Ethereum$2.67m
Gnosis DAO (Treasury)$1.81m
Ethereum$1.81m
Inverse Finance FiRM$1.65m
Ethereum$1.65m
Uniswap V4$931,211
Ethereum$928,179
Arbitrum$2,319
Base$362
OP Mainnet$351
Lido (Treasury)$767,064
Ethereum$767,064
Arkis$616,103
Ethereum$616,103
Uniswap V3$537,573
Ethereum$534,031
Base$3,542
Venus Core Pool$500,030
Ethereum$500,030
Reserve Protocol$443,240
Ethereum$443,240
AUTOfinance (Treasury)$403,049
Ethereum$403,049
Compound V3$355,084
Ethereum$355,084
Parallel Protocol V3$253,952
Base$253,952
Fluid Lending$236,702
Arbitrum$230,960
Base$4,965
Ethereum$777
BTCD$102,572
Ethereum$102,572
Alto (Treasury)$101,743
Ethereum$101,743
Odyssey Finance$70,855
Ethereum$70,855
Extra Finance Xlend$64,870
Base$64,870
Railgun$45,632
Ethereum$45,632
Asymmetry USDaf$34,842
Ethereum$34,842
Balancer V3$32,083
Ethereum$32,083
Curve LlamaLend$22,118
Ethereum$22,118
Carbon Defi$5,866
Ethereum$5,866
Euler V2$2,388
Base$1,465
Arbitrum$519
Ethereum$404
Privacy Pools$1,384
Ethereum$1,384
PulseChain Bridge$506
Ethereum$506
Pulsechain$506
Ethereum$506
Railgun (Treasury)$378
Ethereum$378
DODO AMM$372
Arbitrum$203
Ethereum$169
dTRINITY dLEND$112
Ethereum$112
Cork V1$109
Ethereum$109
Hyperdrive$23
Ethereum$23
Balancer CoW AMM$11
Base$11
sUSDS Price$1.11
Chains4
Token Properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
IssuerSky Protocol
Registry InformationSky Protocol, formerly MakerDAO, issues USDS and operates the Sky Savings Rate through onchain governance rather than through a single incorporated issuer. sUSDS is an ERC-4626 vault contract on Ethereum that holds USDS and accrues the savings rate to depositors.
Sourcehttps://sky.money/susds
Notes
- sUSDS is the savings wrapper for USDS, the stablecoin of the Sky Protocol, formerly MakerDAO. Depositors lock USDS in an ERC-4626 vault on Ethereum and receive a non-rebasing share token whose redemption value rises as the Sky Savings Rate accrues, so the position grows through share price rather than through a rising balance. Holders can redeem back to USDS from the vault at any time without permission or a minimum. The Sky Savings Rate is set by Sky governance and is paid out of blended protocol revenue rather than passed through from any single asset, so the return is not a direct claim on a specific real world asset. That revenue comes from Sky Agent allocations through Spark, Grove and other agents into onchain lending and institutional credit, from yield on the USD Coin reserves held in the peg stability module, from borrowing fees on crypto collateral vaults holding ether, wrapped bitcoin and staked ether, and from legacy real world asset vaults. Grove is the largest real world asset channel and launched with a one billion dollar allocation to the tokenized Janus Henderson Anemoy AAA collateralised loan obligation strategy. The deployments on Base, Arbitrum and Optimism are bridged representations of the Ethereum vault and do not themselves hold the underlying USDS.
DeFi Yield Opportunities (27)

Pool | Reference | Protocol | Chain | 30d Trend | ||||
|---|---|---|---|---|---|---|---|---|
| 1sUSDSSavings USDS | USDS | $4.684b | 3.52% | Stable100 | 5,996 | |||
| 2sUSDSSavings USDS | USDS | $361.97m | 3.52% | Stable100 | 1,336 | |||
| 3sUSDSSavings USDS | USDS | $361.97m | 3.52% | Stable100 | 1,336 | |||
| 4sUSDSSavings USDS | USDS | $11.99m | 3.52% | Stable100 | 77,051 | |||
| 5OHM-sUSDS0.3% | OHM-sUSDS | $10.62m | 3.47% | Mixed55 | 0 | |||
| 6DOLA-sUSDSDOLA/sUSDS | DOLA-sUSDS | $6.34m | 3.49%1.08%+2.41% | Stable94 | 22 | |||
| 7DOLA-sUSDSDOLA/sUSDS | DOLA-sUSDS | $5.58m | 4.88%1.08%+3.80% | Stable89 | 22 | |||
| 8sUSDSSavings USDS | USDS | $5.12m | 3.52% | Stable100 | 404 | |||
| 9PLP-sUSDS-26NOV2026PLP Savings USDS 26NOV2026 | sUSDS | $3.46m | 5.24%3.96%+1.27% | Stable91 | 52 | |||
| 10PT-sUSDS-26NOV2026PT Savings USDS 26NOV2026 | sUSDS | $3.46m | 4.83% | Stable96 | 294 |
