← Assets
USDS
USDS Stablecoin · class: Stablecoins · 2 chains · loan asset in 23 markets, collateral in 3 markets
Total Supply
$9.38M
30d -7.9%
Total Collateral
$891.48
locked
Borrow Interest Gen.
$364.63K
annualized
Lender Yield Delivered
$363.82K
annualized
Wtd Avg Supply APY
3.88%
Wtd Avg Utilization
89.3%
Supply Doubling Time
N/A
at 30d rate
USDS Supply by Chain
Ethereum
Base
USDS Collateral by Chain
Ethereum
Base
As Loan Asset (top markets)
| Market | Chain | Supply | Borrow | Util | Sup APY | Bor APY |
|---|---|---|---|---|---|---|
| USDS / cbBTC | Ethereum | $4.14M | $3.82M | 92.3% | 4.07% | 4.41% |
| USDS / PT-sUSDS-26NOV2026 | Ethereum | $2.48M | $2.25M | 90.8% | 4.00% | 4.41% |
| USDS / wstETH | Ethereum | $1.65M | $1.32M | 79.7% | 2.76% | 3.47% |
| USDS / stUSDS | Ethereum | $1.07M | $962.53K | 89.8% | 4.42% | 4.93% |
| USDS / wstETH | Ethereum | $25.22K | $20.35K | 80.7% | 11.63% | 14.62% |
| USDS / WETH | Ethereum | $5.11K | $3.42K | 66.9% | 9.88% | 15.13% |
| USDS / PT-USDe-27NOV2025 | Ethereum | $1K | $0.92 | 0.1% | 0.00% | 0.03% |
| USDS / PEPE | Ethereum | $392.81 | $0 | 0.0% | 0.00% | 0.04% |
| USDS / SPX | Ethereum | $224.18 | $0.02 | 0.0% | 0.00% | 0.15% |
| USDS / PT-sUSDE-27NOV2025 | Ethereum | $139.86 | $2.18 | 1.6% | 0.12% | 8.20% |
As Collateral (top markets)
| Market | Chain | Collateral | LLTV | Util |
|---|---|---|---|---|
| USDS / USDC | Base | $840.5 | 0% | 88.2% |
| USDS / wstETH | Ethereum | $50.98 | 0% | 56.5% |
Curators Running USDS Vaults
| Curator | # Vaults | AUM in USDS | Wtd Net APY | Fee Take Rate |
|---|---|---|---|---|
| SparkDAO | 1 | $1.23K | 0.00% | 10.0% |
Chain Breakdown
| Chain | Supply | Collateral | # Markets | Borrow Interest | Rank |
|---|---|---|---|---|---|
| Ethereum | $9.38M | $50.98 | 20 | $364.63K | #1 |
| Base | $0 | $840.5 | 1 | $0 | #2 |
Rank = this asset's position among the chain's assets by combined supply + collateral.
USDS Weekly Net Supply Flows
Net flow last week: +$2.09K · 4-week running: +$203.67K
Ethereum
Methodology
USDS measured on both balance-sheet sides. Supply side: Σ supply_assets_usd where USDS is the loan asset; Borrow Interest = Σ borrow × LEAST(borrow_apy,1.0). Collateral side: Σ collateral_assets_usd where USDS is the collateral. APYs clamped at 100%, degenerate-IRM markets excluded. Asset class inferred from symbol.