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 0XD74F5255D557944CF7DD0E45FF521520002D5748/0X5575552988A3A80504BBAEB1311674FCFD40AD4B 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	1.13M $
Trading Volume last 24h	54.14K $
Minimum exchange rate (24h)	0.99 $
Maximum exchange rate (24h)	1.02 $
Market cap rank	№ 2597
Absolute maximum	2.00 $
Absolute minimum	0.89 $

Sperax USD Quotes

#	Exchange	Pair	Price	Spread	Volume	Last traded
1	Uniswap V3 (Arbitrum One)	0XD74F5255D557944CF7DD0E45FF521520002D5748/0X5575552988A3A80504BBAEB1311674FCFD40AD4B	0.98 $ 0.981594$	0.6%	30.90K $	2024-04-18 18:08:06
2	Camelot	0X5575552988A3A80504BBAEB1311674FCFD40AD4B/0XD74F5255D557944CF7DD0E45FF521520002D5748	0.99 $ 0.991856$	0.61%	7.49K $	2024-04-18 18:08:18

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.