USDS Stablecoin: Peg, Supply & Chains

#	Chain	Supply	Share			Distribution
1	Ethereum	$7.17B	98.43%	−$409.13M	18.0%	x
2	Arbitrum	$99.77M	1.37%	flat	7.97%	x
3	Solana	$14.17M	0.19%	−$34.81M	0.29%	x
4	Base	$1.95M	0.03%	−$145.70M	0.04%	x

Chain	Chain Δ	Net Bridge Flow	Direction
Ethereum	-$306.39M	—	Burn-dom.
Solana	-$992.50K	—	Burn-dom.
Base	+$50.05K	—	Mint-dom.

Stats

Circulating$7.29B

Price$0.9998

Peg Δ0.02%

Chains4

MechanismCrypto-backed

Top chainEthereum 98%

How USDS is minted & redeemed

Users can access Sky Protocol's liquidity pools through Sky.money to trade USDC, USDT, ETH, or SKY for USDS. They can also upgrade DAI to USDS

Supply flow

Net change4.05%

Net mint—

Net redeem−4.05%

USDS supply contracted 4.05% over the last 24 hours. Net redemptions — tokens were burned or redeemed for the underlying.

About USDS

USDS is the stablecoin of Sky Protocol, soft-pegged to the U.S. dollar and backed by surplus collateral

Sky Dollar