USDS & sUSDS
What is USDS?
Section titled “What is USDS?”USDS is a decentralized, overcollateralized stablecoin issued by the Sky Protocol.
What is sUSDS?
Section titled “What is sUSDS?”sUSDS is a yield-bearing stablecoin representing a deposit of USDS into the Sky Protocol’s Sky Savings Rate (SSR) module, which earns passive income.
What is the Sky Savings Rate (SSR)?
Section titled “What is the Sky Savings Rate (SSR)?”The Sky Savings Rate is an automated token-accumulation mechanism of the decentralised Sky protocol that takes into account the effect of accumulated USDS compounded in real time.
The Sky Savings Rate is variable, determined not by market factors but by Sky ecosystem governance through a process of decentralised onchain voting.
Keel’s Support for USDS on Solana
Section titled “Keel’s Support for USDS on Solana”How is USDS deployed in the Solana ecosystem?
Section titled “How is USDS deployed in the Solana ecosystem?”USDS is deployed on Solana via the SkyLink token bridge (specifically the Ethereum–Solana component), which enables canonical bridging of USDS, sUSDS, and other Sky ecosystem tokens.
USDS Integrations on Solana
Section titled “USDS Integrations on Solana”USDS is integrated or supported by the following projects and protocols in the Solana ecosystem:
| Category | Protocols |
|---|---|
| Trading / Swap | Jupiter, Raydium, Orca, Meteora |
| Liquidity Provision | Raydium, Perena, Orca, Meteora, Kamino Vaults |
| Earn / Lending | Kamino, MarginFi, Save, Drift, Lulo, Jupiter Lend |
| Treasury Management | Squads |
| Wallets | Phantom, Solflare, Backpack, Fuse, Metamask |
| Cross-chain Bridges | Stargate, Debridge, LayerZero |
How to get USDS on Solana
Section titled “How to get USDS on Solana”USDS can be acquired directly through trading or swapping on venues such as Jupiter, Orca, and Raydium.
USDS can also be minted on Ethereum via Sky.money and bridged to Solana 1:1 using the SkyLink canonical bridge at Stargate.Finance.
For a step-by-step walkthrough, see Bridging USDS to Solana via SkyLink.