USDC vs USDS: Market Cap, Peg & Supply | Sharpe Terminal

Skip to content

USD CoinUSDC

Fiat-backedPegged USD

MCap

$75.91B

30d

-1.84%

Chains

125

Sky DollarUSDS

Crypto-backedPegged USD

MCap

$8.53B

30d

+9.14%

Chains

6

Comparison Matrix

Live supply metrics normalized side by side.

Chain	Supply	Share
Ethereum	$8.04B	x 94.2%
Base	$147.19M	x 1.7%
OP Mainnet	$100.31M	x 1.2%
Unichain	$100.00M	x 1.2%
Arbitrum	$99.77M	x 1.2%
Solana	$49.58M	x 0.6%

Supply Over Time

USDC vs USDS, USD circulating.

USDC top chains

Chain	Supply	Share
Ethereum	$49.19B	x 64.8%
Solana	$7.34B	x 9.7%
Hyperliquid L1	$6.28B	x 8.3%
Base	$4.18B	x 5.5%
Arbitrum	$2.37B	x 3.1%
Polygon	$2.05B	x 2.7%

USDS top chains

Chain	Supply	Share
Ethereum	$8.04B	x 94.2%
Base	$147.19M	x 1.7%
OP Mainnet	$100.31M	x 1.2%
Unichain	$100.00M	x 1.2%
Arbitrum	$99.77M	x 1.2%
Solana	$49.58M	x 0.6%