Sky Savings USDS(sUSDS)
Onchain AUM$5.162b
Onchain AUM by chain
Ethereum$4.669b
Arbitrum$475.6m
Base$12.06m
OP Mainnet$5.15m
Key Metrics
Active AUM$5.162b
Ethereum$4.669b
Arbitrum$475.6m
Base$12.06m
OP Mainnet$5.15m
DeFi Active TVL$693.36m
Arbitrum Bridge$475.89m
Ethereum$475.89m
Pendle V2$73.43m
Ethereum$73.43m
Morpho Blue$70.76m
Ethereum$70.23m
Arbitrum$531,492
Base$1,233
AO Bridge$33.67m
Ethereum$33.67m
Base Bridge$12.07m
Ethereum$12.07m
Mento V2$4.72m
Ethereum$4.72m
Lista Lending$4.62m
Ethereum$4.62m
Olympus DAO (Treasury)$3.5m
Ethereum$3.5m
SparkLend$3.32m
Ethereum$3.32m
ENS (Treasury)$2.64m
Ethereum$2.64m
Curve DEX$2.53m
Ethereum$2.53m
Inverse Finance FiRM$1.67m
Ethereum$1.67m
Uniswap V4$778,621
Ethereum$775,573
Arbitrum$2,334
Base$365
OP Mainnet$349
Lido (Treasury)$772,369
Ethereum$772,369
Uniswap V3$677,400
Ethereum$673,969
Base$3,431
Venus Core Pool$503,488
Ethereum$503,488
Reserve Protocol$419,180
Ethereum$419,180
The Interfold$403,448
Ethereum$403,448
Compound V3$304,771
Ethereum$259,383
Base$45,388
Parallel Protocol V3$252,187
Base$252,187
NaraUSD$123,047
Ethereum$123,047
Monolith Market$64,209
Ethereum$64,209
Contango V2$57,671
Ethereum$57,671
Extra Finance Xlend$52,387
Base$52,387
STRATO Bridge$48,559
Ethereum$48,559
Railgun$45,948
Ethereum$45,948
Asymmetry USDaf$27,391
Ethereum$27,391
Balancer V3$12,453
Ethereum$12,453
Carbon Defi$6,186
Ethereum$6,186
Fluid Lending$5,507
Base$4,741
Ethereum$755
Arbitrum$11
Euler V2$2,286
Base$1,411
Arbitrum$494
Ethereum$381
Curve LlamaLend$2,207
Ethereum$2,207
Privacy Pools$1,393
Ethereum$1,393
SODAX$500
OP Mainnet$500
DODO AMM$374
Arbitrum$204
Ethereum$170
PulseChain Bridge$315
Ethereum$315
dTRINITY dLEND$113
Ethereum$113
Cork V1$110
Ethereum$110
Hyperdrive$23
Ethereum$23
Balancer CoW AMM$11
Base$11
Net Flows 7d
Net Flows 30d
sUSDS Price$1.11
Chains4
Native Yield3.75%
Onchain AUM$5.162b
Onchain AUM by chain
Ethereum$4.669b
Arbitrum$475.6m
Base$12.06m
OP Mainnet$5.15m
Key Metrics
Active AUM$5.162b
Ethereum$4.669b
Arbitrum$475.6m
Base$12.06m
OP Mainnet$5.15m
DeFi Active TVL$693.36m
Arbitrum Bridge$475.89m
Ethereum$475.89m
Pendle V2$73.43m
Ethereum$73.43m
Morpho Blue$70.76m
Ethereum$70.23m
Arbitrum$531,492
Base$1,233
AO Bridge$33.67m
Ethereum$33.67m
Base Bridge$12.07m
Ethereum$12.07m
Mento V2$4.72m
Ethereum$4.72m
Lista Lending$4.62m
Ethereum$4.62m
Olympus DAO (Treasury)$3.5m
Ethereum$3.5m
SparkLend$3.32m
Ethereum$3.32m
ENS (Treasury)$2.64m
Ethereum$2.64m
Curve DEX$2.53m
Ethereum$2.53m
Inverse Finance FiRM$1.67m
Ethereum$1.67m
Uniswap V4$778,621
Ethereum$775,573
Arbitrum$2,334
Base$365
OP Mainnet$349
Lido (Treasury)$772,369
Ethereum$772,369
Uniswap V3$677,400
Ethereum$673,969
Base$3,431
Venus Core Pool$503,488
Ethereum$503,488
Reserve Protocol$419,180
Ethereum$419,180
The Interfold$403,448
Ethereum$403,448
Compound V3$304,771
Ethereum$259,383
Base$45,388
Parallel Protocol V3$252,187
Base$252,187
NaraUSD$123,047
Ethereum$123,047
Monolith Market$64,209
Ethereum$64,209
Contango V2$57,671
Ethereum$57,671
Extra Finance Xlend$52,387
Base$52,387
STRATO Bridge$48,559
Ethereum$48,559
Railgun$45,948
Ethereum$45,948
Asymmetry USDaf$27,391
Ethereum$27,391
Balancer V3$12,453
Ethereum$12,453
Carbon Defi$6,186
Ethereum$6,186
Fluid Lending$5,507
Base$4,741
Ethereum$755
Arbitrum$11
Euler V2$2,286
Base$1,411
Arbitrum$494
Ethereum$381
Curve LlamaLend$2,207
Ethereum$2,207
Privacy Pools$1,393
Ethereum$1,393
SODAX$500
OP Mainnet$500
DODO AMM$374
Arbitrum$204
Ethereum$170
PulseChain Bridge$315
Ethereum$315
dTRINITY dLEND$113
Ethereum$113
Cork V1$110
Ethereum$110
Hyperdrive$23
Ethereum$23
Balancer CoW AMM$11
Base$11
Net Flows 7d
Net Flows 30d
sUSDS Price$1.11
Chains4
Native Yield3.75%
Token properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset information
IssuerSky Protocol
Registry InformationSky Protocol, formerly MakerDAO, issues USDS and operates the Sky Savings Rate through onchain governance rather than through a single incorporated issuer. sUSDS is an ERC-4626 vault contract on Ethereum that holds USDS and accrues the savings rate to depositors.
Sourcehttps://sky.money/susds
Notes
- sUSDS is the savings wrapper for USDS, the stablecoin of the Sky Protocol, formerly MakerDAO. Depositors lock USDS in an ERC-4626 vault on Ethereum and receive a non-rebasing share token whose redemption value rises as the Sky Savings Rate accrues, so the position grows through share price rather than through a rising balance. Holders can redeem back to USDS from the vault at any time without permission or a minimum. The Sky Savings Rate is set by Sky governance and is paid out of blended protocol revenue rather than passed through from any single asset, so the return is not a direct claim on a specific real world asset. That revenue comes from Sky Agent allocations through Spark, Grove and other agents into onchain lending and institutional credit, from yield on the USD Coin reserves held in the peg stability module, from borrowing fees on crypto collateral vaults holding ether, wrapped bitcoin and staked ether, and from legacy real world asset vaults. Grove is the largest real world asset channel and launched with a one billion dollar allocation to the tokenized Janus Henderson Anemoy AAA collateralised loan obligation strategy. The deployments on Base, Arbitrum and Optimism are bridged representations of the Ethereum vault and do not themselves hold the underlying USDS.
Native Yield
3.75%Historical APY from Sky Protocol
DeFi Yield Opportunities (22)
Pool | Reference | Protocol | Chain | 30d Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1sUSDSSavings USDS | USDS | $475.6m | 3.75% | Stable 98 | 1,359 | |||||
| 2sUSDSSavings USDS | USDS | $12.06m | $0 | 3.75% | Stable 98 | 77,372 | ||||
| 3OHM-sUSDS0.3% | OHM-sUSDS | $10.93m | 0.83% | Mixed 48 | 0 | |||||
| 4DOLA-sUSDSDOLA/sUSDS | DOLA-sUSDS | $6.63m | 3.99%1.01%+2.98% | Stable 92 | 27 | |||||
| 5DOLA-sUSDSDOLA/sUSDS | DOLA-sUSDS | $5.59m | 6.16%1.01%+5.15% | Stable 92 | 27 | |||||
| 6PLP-sUSDS-26NOV2026PLP Savings USDS 26NOV2026 | sUSDS | $4.69m | +$490,698 | 4.54%4.31%+0.24% | Stable 94 | 49 | ||||
| 7PT-sUSDS-26NOV2026PT Savings USDS 26NOV2026 | sUSDS | $4.69m | 5.14% | Stable 96 | 367 | |||||
| 8spsUSDSSpark sUSDS | sUSDS | $3.32m | $0 | 0.00% | Stable 100 | 58 | ||||
| 9XAUt-sUSDS1.10% | XAUt-sUSDS | $2.38m | 0.04% | Volatile 23 | ||||||
| 10frxsUSDSfrxUSD/sUSDS | frxUSD-sUSDS | $1.66m | 3.52%2.07%+1.45% | Stable 85 | 11 |