About
sUSDS (Savings USDS) is a yield-bearing token issued by Spark Protocol, representing a staked version of USDS, a decentralized stablecoin pegged 1:1 to the USD by the Sky Protocol. sUSDS allows users to earn yield from the Sky Savings Rate (SSR), a feature of the Sky Protocol, by depositing USDS into Spark’s ERC-4626 vault. It offers a non-custodial, permissionless way to accrue yield. The Sky Savings Rate is funded by Sky's revenue, which includes fees from crypto collateralized loans, investments into U.S. Treasury Bills and its liquidity provisioning into SparkLend and the Spark Liquidity Layer.
Categories
Algorithmic Strategy
Crypto Backed
Managed Strategy
RWA Backed
Risks
Custodian Risk
Defi Hacks
Governance Dao Risk
Liquidations Oracle Issues
Misallocation Risk
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Historical Data
APY/Benchmarks History
TVL/YPO History
Key Metrics
TVL
$1.81B
+4.03%7d
Price
$1.06APY
7d APY
4.50%30d APY
4.50%YPO
7d$1.45M
30d$7.26M
All Time$94.41M
YBS BackingYes