Today's Sperax USD price is $1.0022, which is down <1% over the last 24 hours. Sperax USD's market cap is unknown. 24 hour USDS volume is $225,907. It has a market cap rank of 2734. Sperax USD is traded on exchanges. Sperax USD had an all-time high of $6.8004 2 months ago. Over the last day, Sperax USD has had 0% transparent volume and has been trading on 13 active markets with its highest volume trading pairs being .
USDs is a hybrid of crypto-collateralized and algorithmic stablecoins. It is highly scalable, trustless, and will be completely decentralized after the launch of the governance protocols.
- SPA will be central to the stability mechanism of USDs, which is fully on-chain.
- USDs will further invest its collateral in other audited decentralised projects like Curve to generate yields and will pass on that yield to holders of USDs.
- USDs holders (HODLers) would directly earn the yield in their wallets. USDs acts as a low cost efficient and relatively less risky was to benefit from DeFi.
USDs will be launched on Arbitrum and we eventually build a system of interoperability to facilitate USDs on other major blockchains.