CURRENT PEG STATUS
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- Current price
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- Distance from $1
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- Status
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Shows where the USDS stablecoin is trading relative to its $1 reference value.
USDS MARKET DATA
USDS Market Data and Live Price Chart
Explore the USDS stablecoin price, peg deviation, market capitalization, trading volume and circulating supply. The market snapshot compares the latest USDS/USD price with its $1 target, while the interactive chart shows how its price and liquidity have changed over time.
USDS is designed to remain close to one US dollar. Small market movements should therefore be assessed through peg stability and liquidity rather than the type of price appreciation expected from a conventional cryptocurrency.
LIVE USDS MARKET
USDS Stablecoin Price Chart
Follow the USDS price across one day, seven days, one month, three months, one year or its full available market history. Switch between line and candlestick views, compare the USDS/USD price with its $1 target and hover over the chart to inspect price, peg deviation and trading volume.
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PEG ANALYSIS
USDS Peg Stability
Monitor how closely USDS tracks its $1 target using current peg status, 30-day trading stability and recent deviation data. Choose a timeframe for the volatility and risk readings.
TIMEFRAME
Based on USDS/USD price data
30-DAY PEG STABILITY
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- Observations in range
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- 30-day range
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- Average deviation
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Measures how consistently USDS remained inside the defined ±0.5% peg band over 30 days.
PEG VOLATILITY
—Selected timeframe
- Maximum deviation
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- Volatility
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- Overall condition
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Summarizes recent deviation size and whether peg risk appears low, moderate or elevated.
Stable, Watch and Elevated Deviation readings are calculated automatically from USDS/USD peg measurements. Results use historical market data and should not be treated as price predictions or financial advice.
01
MARKET DATA
LOAD THE PRICE INTERVALS
USDS/USD price data is loaded for the selected 1H, 4H, 1D or 1W timeframe. Each interval provides the opening, highest, lowest and closing prices used to assess peg performance.
02
PEG MEASUREMENTS
CALCULATE PEG STABILITY
Each valid closing price is compared with the $1 target. The system calculates the current, average and maximum peg deviation, the time spent within the defined peg range and price volatility.
03
OVERALL RESULT
CLASSIFY THE PEG CONDITION
The results are compared with the same stablecoin thresholds used for USDC and USDT. The overall condition is classified as Stable, Watch, Elevated Deviation or Insufficient Data.
Current Interval
If the selected interval has not closed, its values are provisional and may still change.
Missing Data
Unavailable intervals are excluded from the calculations. They are never treated as within range or included in the total.
Source and Freshness
Calculated using USDS/USD spot-market data. Results update when new market data becomes available.
EXCHANGE DATA
USDS Exchange Markets
Compare the USDS price, peg deviation and trading volume across supported markets. Prices can differ slightly between venues because of liquidity, available trading pairs and the timing of individual transactions.
| Venue | Type | Pair | Price | Peg Deviation | 24-Hour Volume | Updated |
|---|---|---|---|---|---|---|
 LBank | CEX | USDS/USDT | 1.0010 USDT · ≈$1.0010 | Above 0.100% | $1.0M | 4 seconds ago |
 Binance | CEX | USDS/USDT | 1.0010 USDT · ≈$1.0010 | Above 0.100% | $999,969 | 7 seconds ago |
 MEXC | CEX | USDS/USDT | 1.0002 USDT · ≈$1.0002 | Above 0.020% | $55,272 | 4 seconds ago |
 Bybit | CEX | USDS/USDT | 1.0006 USDT · ≈$1.0006 | Above 0.060% | $33,232 | 7 seconds ago |
 OKX | CEX | USDS/USDT | 1.0009 USDT · ≈$1.0009 | Above 0.090% | $16,612 | 7 seconds ago |
| Binance | CEX | ETH/USDS | 2,433.6800 USDS · ≈$0.0000 | Below 100.000% | $15,218 | 7 seconds ago |
| Binance | CEX | USDS/ETH | 0.0004 ETH · ≈$0.9930 | Below 0.700% | $15,216 | 11 seconds ago |
 KuCoin | CEX | USDS/USDT | 0.9990 USDT · ≈$0.9990 | Below 0.100% | $11,074 | 6 seconds ago |
 Gate.io | CEX | USDS/USDT | 0.9996 USDT · ≈$0.9996 | Below 0.040% | $6,231 | 5 seconds ago |
| Binance | CEX | BTC/USDS | 80,303.9800 USDS · ≈$0.0000 | Below 100.000% | $561 | 7 seconds ago |
| Binance | CEX | USDS/BTC | 0.0000 BTC · ≈$0.9987 | Below 0.132% | $561 | 9 seconds ago |
 Bitget | CEX | USDS/USDT | 0.9986 USDT · ≈$0.9986 | Below 0.140% | $0 | 4 seconds ago |
SUPPLY DATA
USDS Supply Data
Track the circulating and on-chain supply of USDS alongside recent changes in the amount available. USDS does not have a fixed maximum supply, so its supply can expand or contract through activity within Sky Protocol.
Circulating Supply
9.58BUSDSIN CIRCULATION
The amount of USDS identified as available for circulation across supported networks.
Supply Details
- Circulating supply
- 9.58B USDS
- Total supply
- 9.58B USDS
- Maximum supply
- Not fixed
- Current issuance
- Variable
- Supply model
- Demand-driven
USDS does not have a fixed maximum supply. The available amount can change through protocol issuance, conversions and other supported supply operations.
Supply Change
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The difference between matched supply observations 24 hours apart.
How Supply Metrics Are Calculated
Circulating and total supply use CoinGecko’s USDS-only figures. Historical supply changes are estimated from matching USDS market-capitalization and price observations. DAI, sUSDS and other Sky tokens are not added.
01
SOURCE DATA
Load USDS Supply Data
Load CoinGecko’s reported USDS circulating and total supply. Match historical market-capitalization and price timestamps before estimating past circulating supply.
02
SUPPLY RECONCILIATION
Use USDS-Only Figures
Use the provider’s USDS series rather than combining USDS with DAI, savings tokens or separate wrapped assets. Network and bridge exclusions follow the provider’s methodology.
03
SUPPLY CHANGES
Compare Supply Snapshots
The current circulating supply is compared with timestamped records from 24 hours, seven days and 30 days earlier. Each change is reported in USDS and as a percentage of the earlier supply.
Circulating and On-Chain Supply
On-chain token supply includes all verified USDS tokens. Circulating supply applies documented exclusions for balances not considered publicly circulating.
Missing Data
Unavailable networks or historical snapshots are not estimated. Affected metrics are marked as unavailable until verified data can be obtained.
Source and Freshness
Supply figures use DefiLlama and update when new verified token data becomes available.
Changes compare observations from the same historical series. Gaps are excluded, and an unavailable period is shown without estimating an earlier balance. These figures describe USDS rather than the wider obligations or collateral of Sky Protocol.