Sky Savings USDS(sUSDS)
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

CategoryRWA Wrappers
Asset ClassStable Yield Wrapper
TypeAsset
RWA ClassificationProgrammable Finance
Access ModelPermissionless
Parent PlatformSky Protocol

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 USDSUSDSLogo of Sky LendingSky Lending
Logo of Ethereum
$4.684b3.52%Stable1005,996
2sUSDSSavings USDSUSDSLogo of Spark SavingsSpark Savings
Logo of Arbitrum
$361.97m3.52%Stable1001,336
3sUSDSSavings USDSUSDSLogo of Sky LendingSky Lending
Logo of Arbitrum
$361.97m3.52%Stable1001,336
4sUSDSSavings USDSUSDSLogo of Spark SavingsSpark Savings
Logo of Base
$11.99m3.52%Stable10077,051
5OHM-sUSDS0.3%OHM-sUSDSLogo of Uniswap V3Uniswap V3
Logo of Ethereum
$10.62m3.47%Mixed550
6DOLA-sUSDSDOLA/sUSDSDOLA-sUSDSLogo of Curve DEXCurve DEX
Logo of Ethereum
$6.34m3.49%1.08%+2.41%Stable9422
7DOLA-sUSDSDOLA/sUSDSDOLA-sUSDSLogo of Convex FinanceConvex Finance
Logo of Ethereum
$5.58m4.88%1.08%+3.80%Stable8922
8sUSDSSavings USDSUSDSLogo of Sky LendingSky Lending
Logo of OP Mainnet
$5.12m3.52%Stable100404
9PLP-sUSDS-26NOV2026PLP Savings USDS 26NOV2026sUSDSLogo of PendlePendle
Logo of Ethereum
$3.46m5.24%3.96%+1.27%Stable9152
10PT-sUSDS-26NOV2026PT Savings USDS 26NOV2026sUSDSLogo of PendlePendle
Logo of Ethereum
$3.46m4.83%Stable96294
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Chains

Ethereum

Ethereum

Primary
OP Mainnet

OP Mainnet