Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.
Sky Dollar (USDS) is a stablecoin designed to maintain a stable value, typically pegged 1:1 to a fiat currency like the US dollar. It is currently ranked #12 by market capitalization, trading at $0.9997 with a total market cap of $10.33B.
Sky Dollar (USDS) is the successor to DAI, launched by Sky Protocol (formerly MakerDAO) in September 2024. As of June 18, 2026, CoinGecko shows USDS near its peg at $0.9996 with approximately $10.26 billion market capitalization, 10 billion circulating supply, and about $106.6 million in 24-hour volume. The supply base is lower than the March peak cited in prior analysis, but the peg has remained tight and the asset still ranks among the largest stablecoins. The most recent governance focus is...

$0.9997
0xdC035D45...e407384FData from CoinGecko, on-chain analytics, and official project documentation. View methodology
Cycle Potential
0x
vs. bull target
Probability
0%
Success chance
Risk Level
0/10
Low Risk
Market Cap
$10.33B
Volume
$25.80M
Circulating Supply
10.34B
Total Supply
10.33B
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