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As of Nov 13, 2026, Sperax USD (USDS) has a market cap of $505,303 across 1 chain, most of it on Arbitrum ($505,728).
Stablecoin information
Sperax USD (USDs) is a USD-pegged stablecoin that is primarily backed by crypto collateral which generates organic yield for its holders.
Category:crypto-backed
Minting and Redemption
Using the Sperax app, USDs can be minted by locking USDC or USDT and burning SPA in a proportion determined by the protocol's collateral ratio.
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.10% | -0.27% | +2.12% | 505,728.12 |
