Sky Savings USDS(sUSDS)Onchain Marketcap$5.029b
Onchain Marketcap by chain
Ethereum$4.649b
Arbitrum$362.77m
Base$12.01m
OP Mainnet$5.13m
Key Metrics
Active Marketcap$5.029b
Ethereum$4.649b
Arbitrum$362.77m
Base$12.01m
OP Mainnet$5.13m
DeFi Active TVL$596.28m
Arbitrum Bridge$362.74m
Ethereum$362.74m
Pendle V2$90.15m
Ethereum$90.15m
Arbitrum$4,738
Morpho Blue$83.95m
Ethereum$83.64m
Arbitrum$309,513
Base$747
AO Bridge$28m
Ethereum$28m
ENS (Treasury)$5.88m
Ethereum$5.88m
Olympus DAO (Treasury)$5.14m
Ethereum$5.14m
Mento V2$4.7m
Ethereum$4.7m
SparkLend$3.3m
Ethereum$3.3m
Curve DEX$2.37m
Ethereum$2.37m
Lista Lending$1.95m
Ethereum$1.95m
Inverse Finance FiRM$1.47m
Ethereum$1.47m
Gnosis DAO (Treasury)$1.42m
Ethereum$1.42m
Uniswap V3$979,749
Ethereum$976,721
Base$3,028
Uniswap V4$898,780
Ethereum$895,739
Arbitrum$2,325
Base$364
OP Mainnet$352
Lido (Treasury)$768,765
Ethereum$768,765
Arkis$617,469
Ethereum$617,469
Venus Core Pool$501,139
Ethereum$501,139
Reserve Protocol$426,601
Ethereum$426,601
Compound V3$269,928
Ethereum$266,049
Base$3,879
Parallel Protocol V3$253,656
Base$253,656
NaraUSD$122,473
Ethereum$122,473
BTCD$91,874
Ethereum$91,874
Extra Finance Xlend$73,766
Base$73,766
STRATO Bridge$48,333
Ethereum$48,333
Railgun$45,734
Ethereum$45,734
Balancer V3$33,631
Ethereum$33,631
Asymmetry USDaf$29,906
Ethereum$29,906
Curve LlamaLend$8,128
Ethereum$8,128
Carbon Defi$7,736
Ethereum$7,736
Fluid Lending$5,310
Base$4,504
Ethereum$770
Arbitrum$36
Euler V2$2,365
Base$1,468
Arbitrum$492
Ethereum$405
Privacy Pools$1,387
Ethereum$1,387
PulseChain Bridge$484
Ethereum$484
DODO AMM$372
Arbitrum$203
Ethereum$169
dTRINITY dLEND$113
Ethereum$113
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 (26)
Pool | Reference | Protocol | Chain | 30d Trend | ||||
|---|---|---|---|---|---|---|---|---|
| 1sUSDSSavings USDS | USDS | $4.65b | 3.60% | Stable 99 | 6,128 | |||
| 2sUSDSSavings USDS | USDS | $362.79m | 3.60% | Stable 99 | 1,368 | |||
| 3sUSDSSavings USDS | USDS | $362.79m | 3.60% | Stable 99 | 1,368 | |||
| 4sUSDSSavings USDS | USDS | $12.01m | 3.60% | Stable 99 | 77,202 | |||
| 5OHM-sUSDS0.3% | OHM-sUSDS | $11.76m | 0.34% | Mixed 48 | 0 | |||
| 6DOLA-sUSDSDOLA/sUSDS | DOLA-sUSDS | $6.34m | 3.52%0.85%+2.67% | Stable 94 | 23 | |||
| 7DOLA-sUSDSDOLA/sUSDS | DOLA-sUSDS | $5.58m | 5.16%0.85%+4.31% | Stable 93 | 23 | |||
| 8sUSDSSavings USDS | USDS | $5.13m | 3.60% | Stable 99 | 516 | |||
| 9PLP-sUSDS-26NOV2026PLP Savings USDS 26NOV2026 | sUSDS | $3.38m | 4.68%3.90%+0.77% | Stable 95 | 46 | |||
| 10PT-sUSDS-26NOV2026PT Savings USDS 26NOV2026 | sUSDS | $3.38m | 4.85% | Stable 99 | 326 |