Sperax USD
USDSCrypto-backed USD-pegged Rank #241
Price
$1.0002
+0.02% off peg
Market Cap
$515.6K
Market Cap
$515.6K
Dominance
0.00%
of market
Price
$1.0002
% Off Peg
+0.02%
24h Supply
-0.11%
7d Supply
+0.02%
30d Supply
+0.36%
Networks
1
chains
Circulating Supply
Total USDS across all chains
$911.3K
$509.8K
Sep 5, 2025
Sep 3, 2026
Chain Distribution
Current supply by network
Arbitrum
$515.4K 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.