If had 's mcap →
USDS would drop to 0.47x of its current price at DAI's valuation
USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S.
MakerDAO has launched Multi-collateral DAI (MCD).
FOR CONTEXT
$4.59B compared to the worldAbout this comparison
This page compares the market capitalizations of USDS (USDS) and Dai (DAI). With USDS currently at $0.9998 per coin and a market cap of $9.85B, and Dai at $0.9998 with a market cap of $4.59B, applying Dai's market cap to USDS's circulating supply produces a hypothetical USDS price of $0.4666 — a 0.47x move from current.
USDS: USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S.
Dai: MakerDAO has launched Multi-collateral DAI (MCD).
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If USDS had Dai's market cap, what would the price be?
If USDS (USDS) had Dai's (DAI) current market cap of $4.59B, each USDS would be worth approximately $0.4666 based on the circulating supply of 9,847,070,243 USDS. That is 0.47x the current USDS price of $0.9998.
What is the current market cap of USDS?
USDS (USDS) currently has a market cap of $9.85B, ranking #12 by market capitalization. Each USDS trades at $0.9998.
What is the current market cap of Dai?
Dai (DAI) currently has a market cap of $4.59B, ranking #21 by market capitalization. Each DAI trades at $0.9998.
How does USDS compare to DAI?
USDS's market cap of $9.85B sits well below Dai's $4.59B. For USDS to reach DAI's current valuation, the price would need to move 0.47x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming USDS's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.