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Sky Savings USDS(sUSDS)

Onchain AUM$5.285b

Onchain AUM by chain

Ethereum$4.905b

Arbitrum$363.45m

Base$12.04m

OP Mainnet$5.14m

Key Metrics

Active AUM$5.285b

Ethereum$4.905b

Arbitrum$363.45m

Base$12.04m

OP Mainnet$5.14m

DeFi Active TVL$605.94m

Arbitrum Bridge$363.33m

Ethereum$363.33m

Pendle V2$94.75m

Ethereum$94.75m

Morpho Blue$63.55m

Ethereum$63.12m

Arbitrum$432,365

Base$1,225

AO Bridge$43.92m

Ethereum$43.92m

Base Bridge$12.03m

Ethereum$12.03m

Lista Lending$4.71m

Ethereum$4.71m

Mento V2$4.71m

Ethereum$4.71m

Olympus DAO (Treasury)$4m

Ethereum$4m

SparkLend$3.31m

Ethereum$3.31m

ENS (Treasury)$2.69m

Ethereum$2.69m

Curve DEX$2.58m

Ethereum$2.58m

Inverse Finance FiRM$1.72m

Ethereum$1.72m

Uniswap V3$906,336

Ethereum$903,293

Base$3,043

Uniswap V4$828,075

Ethereum$825,033

Arbitrum$2,329

Base$365

OP Mainnet$348

Lido (Treasury)$770,034

Ethereum$770,034

Venus Core Pool$501,966

Ethereum$501,966

Reserve Protocol$429,383

Ethereum$429,383

Compound V3$326,262

Ethereum$284,336

Base$41,926

The Interfold$308,894

Ethereum$308,894

Parallel Protocol V3$159,825

Base$159,825

NaraUSD$122,676

Ethereum$122,676

Contango V2$57,496

Ethereum$57,496

STRATO Bridge$48,412

Ethereum$48,412

Extra Finance Xlend$47,423

Base$47,423

Railgun$45,809

Ethereum$45,809

Balancer V3$33,045

Ethereum$33,045

Asymmetry USDaf$29,787

Ethereum$29,787

Carbon Defi$7,207

Ethereum$7,207

Curve LlamaLend$6,996

Ethereum$6,996

Fluid Lending$5,506

Base$4,733

Ethereum$762

Arbitrum$11

Euler V2$2,307

Base$1,408

Arbitrum$493

Ethereum$406

Privacy Pools$1,389

Ethereum$1,389

SODAX$499

OP Mainnet$499

DODO AMM$373

Arbitrum$203

Ethereum$170

PulseChain Bridge$326

Ethereum$326

dTRINITY dLEND$113

Ethereum$113

Cork V1$109

Ethereum$109

Hyperdrive$23

Ethereum$23

Balancer CoW AMM$11

Base$11

sUSDS Price$1.11

Chains4

Sky Savings USDS(sUSDS)

Onchain AUM$5.285b

Onchain AUM by chain

Ethereum$4.905b

Arbitrum$363.45m

Base$12.04m

OP Mainnet$5.14m

Market dataNet FlowsFlow vs price

Key Metrics

Active AUM$5.285b

Ethereum$4.905b

Arbitrum$363.45m

Base$12.04m

OP Mainnet$5.14m

DeFi Active TVL$605.94m

Arbitrum Bridge$363.33m

Ethereum$363.33m

Pendle V2$94.75m

Ethereum$94.75m

Morpho Blue$63.55m

Ethereum$63.12m

Arbitrum$432,365

Base$1,225

AO Bridge$43.92m

Ethereum$43.92m

Base Bridge$12.03m

Ethereum$12.03m

Lista Lending$4.71m

Ethereum$4.71m

Mento V2$4.71m

Ethereum$4.71m

Olympus DAO (Treasury)$4m

Ethereum$4m

SparkLend$3.31m

Ethereum$3.31m

ENS (Treasury)$2.69m

Ethereum$2.69m

Curve DEX$2.58m

Ethereum$2.58m

Inverse Finance FiRM$1.72m

Ethereum$1.72m

Uniswap V3$906,336

Ethereum$903,293

Base$3,043

Uniswap V4$828,075

Ethereum$825,033

Arbitrum$2,329

Base$365

OP Mainnet$348

Lido (Treasury)$770,034

Ethereum$770,034

Venus Core Pool$501,966

Ethereum$501,966

Reserve Protocol$429,383

Ethereum$429,383

Compound V3$326,262

Ethereum$284,336

Base$41,926

The Interfold$308,894

Ethereum$308,894

Parallel Protocol V3$159,825

Base$159,825

NaraUSD$122,676

Ethereum$122,676

Contango V2$57,496

Ethereum$57,496

STRATO Bridge$48,412

Ethereum$48,412

Extra Finance Xlend$47,423

Base$47,423

Railgun$45,809

Ethereum$45,809

Balancer V3$33,045

Ethereum$33,045

Asymmetry USDaf$29,787

Ethereum$29,787

Carbon Defi$7,207

Ethereum$7,207

Curve LlamaLend$6,996

Ethereum$6,996

Fluid Lending$5,506

Base$4,733

Ethereum$762

Arbitrum$11

Euler V2$2,307

Base$1,408

Arbitrum$493

Ethereum$406

Privacy Pools$1,389

Ethereum$1,389

SODAX$499

OP Mainnet$499

DODO AMM$373

Arbitrum$203

Ethereum$170

PulseChain Bridge$326

Ethereum$326

dTRINITY dLEND$113

Ethereum$113

Cork V1$109

Ethereum$109

Hyperdrive$23

Ethereum$23

Balancer CoW AMM$11

Base$11

sUSDS Price$1.11

Chains4

Token Properties

CategoryRWA Wrappers

Asset ClassStable Yield Wrapper

TypeWrapper

RWA ClassificationProgrammable Finance

Access ModelPermissionless

Parent PlatformSky Protocol

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Asset Information

IssuerSky Protocol

Registry InformationSky Protocol, formerly MakerDAO, issues USDS and operates the Sky Savings Rate through onchain governance rather than through a single incorporated issuer. sUSDS is an ERC-4626 vault contract on Ethereum that holds USDS and accrues the savings rate to depositors.

Sourcehttps://sky.money/susds

Website X/Twitter LinkedIn Docs GitHub Discord

Notes

sUSDS is the savings wrapper for USDS, the stablecoin of the Sky Protocol, formerly MakerDAO. Depositors lock USDS in an ERC-4626 vault on Ethereum and receive a non-rebasing share token whose redemption value rises as the Sky Savings Rate accrues, so the position grows through share price rather than through a rising balance. Holders can redeem back to USDS from the vault at any time without permission or a minimum. The Sky Savings Rate is set by Sky governance and is paid out of blended protocol revenue rather than passed through from any single asset, so the return is not a direct claim on a specific real world asset. That revenue comes from Sky Agent allocations through Spark, Grove and other agents into onchain lending and institutional credit, from yield on the USD Coin reserves held in the peg stability module, from borrowing fees on crypto collateral vaults holding ether, wrapped bitcoin and staked ether, and from legacy real world asset vaults. Grove is the largest real world asset channel and launched with a one billion dollar allocation to the tokenized Janus Henderson Anemoy AAA collateralised loan obligation strategy. The deployments on Base, Arbitrum and Optimism are bridged representations of the Ethereum vault and do not themselves hold the underlying USDS.

DeFi Yield Opportunities (27)

Pool	Reference	Protocol
1 sUSDSSavings USDS	USDS	Sky Lending	$4.905b	3.80%	Stable 99	6,275
2 sUSDSSavings USDS	USDS	Spark Savings	$363.57m	3.80%	Stable 99	1,350
3 sUSDSSavings USDS	USDS	Sky Lending	$363.57m	3.80%	Stable 99	1,350
4 sUSDSSavings USDS	USDS	Spark Savings	$12.04m	3.80%	Stable 99	77,330
5 OHM-sUSDS0.3%	OHM-sUSDS	Uniswap V3	$11.56m	1.31%	Mixed 57	0
6 DOLA-sUSDSDOLA/sUSDS	DOLA-sUSDS	Curve DEX	$6.96m	4.02%0.99%+3.03%	Stable 90	24
7 DOLA-sUSDSDOLA/sUSDS	DOLA-sUSDS	Convex Finance	$5.83m	6.05%0.99%+5.06%	Stable 88	24
8 sUSDSSavings USDS	USDS	Sky Lending	$5.14m	3.80%	Stable 99	528
9 PLP-sUSDS-26NOV2026PLP Savings USDS 26NOV2026	sUSDS	Pendle V2	$4.77m	4.54%4.28%+0.26%	Stable 69	60
10 PT-sUSDS-26NOV2026PT Savings USDS 26NOV2026	sUSDS	Pendle V2	$4.77m	5.03%	Stable 98	352

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Chains

Ethereum

Primary

Base

Arbitrum

OP Mainnet