sUSDS is Sky Protocol's ERC-4626 savings wrapper for the base token USDS. Holders receive exposure to the Sky Savings Rate through an increasing USDS-per-share conversion value.
| Symbol | SUSDS |
| Peg | USD |
| Backing | Crypto backed |
| Status | Active |
| Networks | L1 EVM Ethereum L2 Optimism, Base, Arbitrum |
| Specifications | Redemption sUSDS is an ERC-4626 savings token: users deposit the base token USDS and can withdraw USDS according to the vault conversion rate; Sky documentation states that the wrapper itself charges no deposit or withdrawal fee. |
| Use cases | Savings, DeFi collateral |
| Chain | Address |
|---|---|
| Arbitrum One | 0xddb46999f8891663a8f2828d25298f70416d7610 |
| Base | 0x5875eee11cf8398102fdad704c9e96607675467a |
| Ethereum | 0xa3931d71877c0e7a3148cb7eb4463524fec27fbd |
| Optimistic Ethereum | 0xb5b2dc7fd34c249f4be7fb1fcea07950784229e0 |
## Overview sUSDS is Sky Protocol's ERC-4626 savings wrapper for the base token USDS. Holders receive exposure to the Sky Savings Rate through an increasing USDS-per-share conversion value. ## Key Features - Yield-bearing wrapper whose base token is USDS. - sUSDS represents participation in the Sky Savings Rate. - The share price in USDS increases as savings yield accrues rather than maintaining a fixed one-token-to-one-dollar market value. ## Supported Networks Available on Ethereum, Optimism, Base, and Arbitrum.