Sky Savings USDS(sUSDS)Onchain Marketcap$4.989b
Onchain Marketcap by chain
Ethereum$4.609b
Arbitrum$362.7m
Base$12.01m
OP Mainnet$5.13m
Key Metrics
Active Marketcap$4.989b
Ethereum$4.609b
Arbitrum$362.7m
Base$12.01m
OP Mainnet$5.13m
DeFi Active TVL$589.34m
Arbitrum Bridge$362.69m
Ethereum$362.69m
Morpho Blue$83.54m
Ethereum$83.24m
Arbitrum$298,399
Base$747
Pendle V2$83.41m
Ethereum$83.4m
Arbitrum$4,737
AO Bridge$27.99m
Ethereum$27.99m
ENS (Treasury)$5.88m
Ethereum$5.88m
Olympus DAO (Treasury)$5.33m
Ethereum$5.33m
Mento V2$4.7m
Ethereum$4.7m
SparkLend$3.3m
Ethereum$3.3m
Curve DEX$2.46m
Ethereum$2.46m
Lista Lending$1.92m
Ethereum$1.92m
Inverse Finance FiRM$1.47m
Ethereum$1.47m
Gnosis DAO (Treasury)$1.42m
Ethereum$1.42m
Uniswap V3$1.01m
Ethereum$1.01m
Base$3,026
Uniswap V4$909,523
Ethereum$906,483
Arbitrum$2,325
Base$364
OP Mainnet$351
Lido (Treasury)$768,664
Ethereum$768,664
Arkis$617,388
Ethereum$617,388
Venus Core Pool$501,073
Ethereum$501,073
Reserve Protocol$426,545
Ethereum$426,545
Compound V3$269,893
Ethereum$266,015
Base$3,878
Parallel Protocol V3$253,605
Base$253,605
NaraUSD$122,457
Ethereum$122,457
BTCD$91,862
Ethereum$91,862
Extra Finance Xlend$73,752
Base$73,752
STRATO Bridge$48,326
Ethereum$48,326
Railgun$45,728
Ethereum$45,728
Balancer V3$33,254
Ethereum$33,254
Asymmetry USDaf$30,055
Ethereum$30,055
Curve LlamaLend$8,127
Ethereum$8,127
Carbon Defi$7,943
Ethereum$7,943
Fluid Lending$5,309
Base$4,503
Ethereum$770
Arbitrum$36
Euler V2$2,365
Base$1,468
Arbitrum$492
Ethereum$405
Privacy Pools$1,386
Ethereum$1,386
PulseChain Bridge$483
Ethereum$483
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 | $4.609b | 3.60% | Stable 99 | 6,117 | |||
| 2sUSDSSavings USDS | USDS | $362.7m | 3.60% | Stable 99 | 1,366 | |||
| 3sUSDSSavings USDS | USDS | $362.7m | 3.60% | Stable 99 | 1,366 | |||
| 4sUSDSSavings USDS | USDS | $12.01m | 3.60% | Stable 99 | 77,214 | |||
| 5OHM-sUSDS0.3% | OHM-sUSDS | $11.79m | 0.36% | Mixed 48 | 0 | |||
| 6DOLA-sUSDSDOLA/sUSDS | DOLA-sUSDS | $6.23m | 3.47%0.88%+2.59% | Stable 93 | 23 | |||
| 7DOLA-sUSDSDOLA/sUSDS | DOLA-sUSDS | $5.58m | 4.99%0.88%+4.11% | Stable 93 | 23 | |||
| 8sUSDSSavings USDS | USDS | $5.13m | 3.60% | Stable 99 | 509 | |||
| 9PLP-sUSDS-26NOV2026PLP Savings USDS 26NOV2026 | sUSDS | $3.38m | 4.67%3.91%+0.76% | Stable 95 | 46 | |||
| 10PT-sUSDS-26NOV2026PT Savings USDS 26NOV2026 | sUSDS | $3.38m | 4.85% | Stable 99 | 319 |