USDS vs Sky
A side-by-side look at USDS (USDS) and Sky (SKY) — live price, market capitalization, supply, all-time records and project fundamentals. Figures refresh hourly from public market data. For informational purposes only; not financial advice.
USDS vs Sky: Key Metrics
| Metric | USDS | SKY |
|---|---|---|
| Market cap rank | #12 | #59 |
| Price | $0.99964 | $0.04927304 |
| Market capitalization | $10.34B | $1.15B |
| 24-hour trading volume | $9.95M | $9.55M |
| 24-hour change | +0.01% | -0.71% |
| Circulating supply | 10,293,793,718 | 23,287,393,664 |
| Maximum supply | No fixed cap | 23,462,665,147 |
| All-time high | $1.15 | $0.100535 |
| All-time low | $0.948265 | $0.03582727 |
| Genesis / launch | — | — |
| Hashing algorithm | — | — |
| Categories tracked | 7 | 5 |
Bold values mark the larger figure for size-based metrics (market cap, volume). Larger is not inherently “better.”
What Are USDS and Sky?
USDS USDS
USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S. dollar. It functions as a versatile tool for decentralized finance (DeFi), allowing value to move through the system via peer-to-peer lending and saving without a middleman. The token is 'put to work' by being supplied to various protocol modules; for example, users can convert USDS into sUSDS to earn interest from protocol revenue or lock it to receive SKY governance tokens.
Full USDS profile →Sky SKY
SKY is a governance token, which is like a digital voting share, for Sky Protocol. This system launched in 2024 as a rebrand and upgrade of the older Maker Protocol. Sky Protocol’s main value lies in giving users a simple, secure way to trade, save, and earn rewards without ever giving up control of their funds. It is built around a stablecoin called USDS, which is always worth one US dollar, but it is completely decentralized.
Full Sky profile →Category Overlap
How USDS and Sky are classified by CoinGecko, and where they overlap.