Sperax USD
USDSCrypto-backed USD-pegged Rank #235
Price
$0.996346
-0.37% off peg
Market Cap
$512.4K
Market Cap
$512.4K
Dominance
0.00%
of market
Price
$0.996346
% Off Peg
-0.37%
24h Supply
0.00%
7d Supply
-0.22%
30d Supply
+0.21%
Networks
1
chains
Circulating Supply
Total USDS across all chains
$911.3K
$514.1K
Jul 19, 2025
Jul 17, 2026
Chain Distribution
Current supply by network
Arbitrum
$516.2K 100.0%
About Sperax USD
Sperax USD (USDs) is a USD-pegged stablecoin that is primarily backed by crypto collateral which generates organic yield for its holders.
Mint & redeem
Using the Sperax app, USDs can be minted by locking USDC or USDT and burning SPA in a proportion determined by the protocol's collateral ratio.