Cryptocurrency Sperax USD (USDS)
The price for Sperax USD (USDS) cryptocurrency is currently 1.00 $ (15 min delay),
daily range of currency change is 1.00 - 1.01 .
Last 24 hours news: trading volume - 1.29M $, price variance +0.07% .
The highest trading volume belongs to the pair 0XD74F5255D557944CF7DD0E45FF521520002D5748/0XFF970A61A04B1CA14834A43F5DE4533EBDDB5CC8 at the Uniswap V3 (Arbitrum One) exchange
Project Website - https://sperax.io
Explorer of transactions - https://arbiscan.io/token/0xd74f5255d557944cf7dd0e45ff521520002d5748
Twitter Account - https://twitter.com/SperaxUSD
Chart Sperax USD (USDS)
|Current price Sperax USD (usds)||1.00 $|
|Market Capitalization||1.28M $|
|Trading Volume last 24h||74.04K $|
|Minimum exchange rate (24h)||0.99 $|
|Maximum exchange rate (24h)||1.00 $|
|Market cap rank||№ 1805|
|Absolute maximum||2.00 $|
|Absolute minimum||0.89 $|
Sperax USD Quotes
|0.6%||39.13K $||2023-10-04 13:56:48|
|0.61%||7.11K $||2023-10-04 13:54:01|
What is Sperax USD (USDS)
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.