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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.
FOR CONTEXT
$2.39B compared to the worldAbout this comparison
This page compares the market capitalizations of USDS (USDS) and Ondo US Dollar Yield (USDY). With USDS currently at $0.9997 per coin and a market cap of $8.57B, and Ondo US Dollar Yield at $1.15 with a market cap of $2.39B, applying Ondo US Dollar Yield's market cap to USDS's circulating supply produces a hypothetical USDS price of $0.2791 — a 0.28x 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.
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 Ondo US Dollar Yield's market cap, what would the price be?
If USDS (USDS) had Ondo US Dollar Yield's (USDY) current market cap of $2.39B, each USDS would be worth approximately $0.2791 based on the circulating supply of 8,573,161,430 USDS. That is 0.28x the current USDS price of $0.9997.
What is the current market cap of USDS?
USDS (USDS) currently has a market cap of $8.57B, ranking #14 by market capitalization. Each USDS trades at $0.9997.
What is the current market cap of Ondo US Dollar Yield?
Ondo US Dollar Yield (USDY) currently has a market cap of $2.39B, ranking #40 by market capitalization. Each USDY trades at $1.15.
How does USDS compare to USDY?
USDS's market cap of $8.57B sits well below Ondo US Dollar Yield's $2.39B. For USDS to reach USDY's current valuation, the price would need to move 0.28x 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.