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USDS(USDS)

Token Price$1

24h Change-0.0098%

All Time HighApr 2, 2026$1.15

All Time LowOct 3, 2024$0.95

Key Metrics

$9.684b

9.687b USDS

Volume 24h$198.97m

CEX Volume$2.7m

DEX Volume$209.25m

Risks

How much debt can be issued against USDS as collateral across lending protocols.

Maximum possible exposure to USDS

$7.81m

$47.43 (max additional borrows against USDS) + $7.81m (bad debt if USDS was hacked now)

Morpho V1

$320.63 at-risk exposure = $273.2 bad debt if hacked + $47.43 additional borrowable against USDS

Aave V3

$7.81m at-risk exposure = $7.81m bad debt if hacked + $0 additional borrowable against USDS

SparkLend

$5.9 at-risk exposure = $5.9 bad debt if hacked + $0 additional borrowable against USDS

Methodology and limitations

Showing collateral exposure for USDS on onchain. Max Borrowableuses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

These metrics describe lending exposure only and are not a full protocol risk rating.
This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.

Show exposure details

Each row is one protocol-chain exposure for USDS as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol	Chain
Morpho V1	Base	USDS0x820c137fa70c8691f0e44dc420a5e53c168921dc	$28.99	$261.59
Morpho V1	Ethereum	USDS0xdc035d45d973e3ec169d2276ddab16f1e407384f	$18.44	$11.61
Aave V3	Ethereum	USDS0xdc035d45d973e3ec169d2276ddab16f1e407384f	$0	$7.81m
SparkLend	Ethereum	USDS0xdc035d45d973e3ec169d2276ddab16f1e407384f	$0	$5.9

Markets

Loading USDS markets...

Token Usage

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Liquidations

An is required to view token liquidations.

Yields

Showing 10 of 30 pools

Pool	Reference	Protocol
1 sUSDSSavings USDS	USDS	Sky Lending	$4.613b	3.52%	Stable99	5,935
2 USDSJanus Henderson Treasury Fund	USDS	Centrifuge Protocol	$870.58m	4.06%	Stable81	0
3 spUSDSSpark USDS	USDS	SparkLend	$731.38m	2.03%	Stable97	50
4 USDSSPK Farming Pool	USDS	SparkLend	$545.97m	3.28%+3.28%	Stable97	0
5 sUSDSSavings USDS	USDS	Spark Savings	$360.88m	3.52%	Stable99	1,303
6 sUSDSSavings USDS	USDS	Sky Lending	$360.88m	3.52%	Stable99	1,303
7 USDSGROVE Farming Pool	USDS	Sky Lending	$182.78m	6.42%+6.42%	Mixed64	0
8 stUSDSStaked USDS	USDS	Sky Lending	$180.34m	6.48%	Stable97	661
9 skyMoneyUsdsFlagshipsky.money USDS Flagship	USDS	Morpho Blue	$37.01m	4.69%0.48%+4.21%	Stable96	225
10 aEthUSDSAave Ethereum USDS	USDS	Aave V3	$12.17m	3.55%0.12%+3.43%	Mixed64	379

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Borrow

Showing 10 of 44 routes

Collateral / Borrow	Protocol
1 USDS / LBTC	Moonwell Lending	+10.17%	8.69%	-1.49%0.45%-1.94%	$386,201	83%
2 USDS / tBTC	Moonwell Lending	+9.69%	8.69%	-1.00%0.56%-1.56%	$51,786	83%
3 USDS / VVV	Moonwell Lending	+8.64%	8.69%	0.04%	$10,020	83%
4 USDS / rETH	Moonwell Lending	+8.59%	8.69%	0.09%	$424,789	83%
5 USDS / WELL	Moonwell Lending	+8.50%	8.69%	0.19%2.13%-1.95%	$51,667	83%
6 USDS / cbBTC	Moonwell Lending	+8.48%	8.69%	0.21%1.05%-0.84%	$3.83m	83%
7 USDS / wstETH	Moonwell Lending	+7.95%	8.69%	0.74%	$888,794	83%
8 USDS / WETH	Moonwell Lending	+7.66%	8.69%	1.03%1.19%-0.16%	$1.36m	83%
9 USDS / xBTCSOL/BTC Market	Kamino Lend	+4.31%	4.39%	0.08%	$3.07m	80%
10 USDS / AERO	Moonwell Lending	+4.24%	8.69%	4.44%5.37%-0.93%	$1.2m	83%

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Overview