- #3943
Sperax USD USDS
USDS Price
Market Cap
$854,922.44Rank #3943FDV
$854,922.44Rank #6566Investors
X Followers
Detailed Performance
USDS shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
USDS to USD Converter
Price History
- All-Time High
- $2.001.98x to ATH
- All-Time Low
- $0.81751.23x to ATL
- Trade Launch Date
- 28 Dec, 2021
1089 days ago
Exchanges
Exchanges type
About USDS
Sperax USD is an auto-yield stablecoin built on the Sperax protocol. It is a foundational protocol in the Sperax ecosystem and aims to be a one-stop-shop for decentralized finance needs. Sperax USD allows users to trade it for other assets through the Sperax Swap and retains custody of assets at all times. It is currently 100% collateralized with USDC and USDT, following market lessons and the belief that being backed by collateral is better.
What makes Sperax USD unique?
Sperax USD ( $USDs) stands out from other cryptocurrencies due to its unique features and value propositions. Firstly, it is a crypto-collateralized algorithmic stablecoin, which means it maintains its stability by being backed by collateral in the form of USDC and USDT at a 100% ratio. This collateralization provides a strong foundation for stability and trustworthiness.
Another distinctive feature of $USDs is its Auto-Yield mechanism. This pioneering design allows users to generate yield without the risk of inflation. It provides an opportunity for users to earn passive income on their holdings, making it attractive for those looking to grow their wealth.
Furthermore, Sperax USD has shown resilience in the face of recent events and tests in the stablecoin ecosystem. It has adapted its structure to become more robust and secure. This adaptability demonstrates Sperax's commitment to learning from market lessons and building a stable and reliable financial ecosystem.
Overall, Sperax USD combines stability, collateralization, and innovative features like Auto-Yield, making it a unique and promising cryptocurrency in the decentralized finance (DeFi) space.
Live Sperax USD Price Data
The current price of Sperax USD (USDS) is approximately $1.00, reflecting a decrease of -0.20% in the last 24 hours. The USDS trading volume in the last 24 hours stands at $1.64 million. Sperax USD's market cap is currently $854,922.44, accounting for about < 0.01% of the total crypto market cap. The circulating supply of USDS is 847,296.77.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Sperax USD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on USDS, check out our crypto insights page.
Official Links
USDS to USD Converter
Price History
- All-Time High
- $2.001.98x to ATH
- All-Time Low
- $0.81751.23x to ATL
- Trade Launch Date
- 28 Dec, 2021
1089 days ago