Sperax USD (USDS) price has increased today.
The price of Sperax USD (USDS) is $1.00 today with a 24-hour trading volume of $297,417.25. This represents a 0.50% price increase in the last 24 hours and a 0.50% price increase in the past 7 days. With a circulating supply of 1.1 Million USDS, Sperax USD is valued at a market cap of $1,139,513.
Sperax USD (USDs) is a stablecoin which generates auto-yield natively. Currently, USDs is live on Arbitrum, the largest Layer-2 Ecosystem of Ethereum. Eventually, Sperax will build a system of interoperability so that USDs will be natively deployed to all major blockchain platforms.
The highlights of USDS protocol:
- Auto-yield. Users holding USDs in their wallets automatically earn organic yield. Neither staking not claiming required by the end user. Users do not need to spend gas and their time calling the smart contract to claim their yield - the yield is distributed directly to the wallets of USDs holders.
- Layer2-native Cheaper transaction fees on Arbitrum make this protocol retail investor-friendly
- Fully Backed Model USDs is 100% backed by a diversified basket of whitelisted stablecoins.
Where can you buy Sperax USD?
USDS tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Sperax USD is Uniswap V3 (Arbitrum One), where the most active trading pair USDS/USDC.E has a trading volume of $54,688.34 in the last 24 hours.
What is the daily trading volume of Sperax USD (USDS)?
The trading volume of Sperax USD (USDS) is $297,417.25 in the last 24 hours, representing a 199.50% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Sperax USD (USDS)?
The highest price paid for Sperax USD (USDS) is $2.00, which was recorded on Dec 01, 2022 (about 1 year). Comparatively, the current price is -49.60% lower than the all-time high price.
What is the all-time low for Sperax USD (USDS)?
The lowest price paid for Sperax USD (USDS) is $0.885129, which was recorded on Mar 11, 2023 (9 months). Comparatively, the current price is 14.10% higher than the all-time low price.
What is the market cap of Sperax USD (USDS)?
Market capitalization of Sperax USD (USDS) is $1,139,513 and is ranked #2146 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDS tokens (1.1 Million tokens are tradable on the market today).
What is the fully diluted valuation of Sperax USD (USDS)?
The fully diluted valuation (FDV) of Sperax USD (USDS) is $1,139,513. This is a statistical representation of the maximum market cap, assuming the maximum number of 1.1 Million USDS tokens are in circulation today. Depending on how the emission schedule of USDS tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Sperax USD compare against its peers?
With a price increase of 0.50% in the last 7 days, Sperax USD (USDS) is underperforming the global cryptocurrency market which is up 5.00%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.80%.
What is the market sentiment of Sperax USD today?
The community is bullish as more than 100% of users are feeling good about Sperax USD (USDS) today.
