USDS USDS
crypto
Price History
Time underwater
How far below its previous all-time high the price sat, each month. 0% means a new high.
Worst drawdown: −35%, peaking Aug 2021 and bottoming Mar 2022 — still unrecovered after 19 months.
DCA Backtest
- Invested
- $5,000
- Value today
- $5,074
- Return
- +1.5%
- Months invested
- 50
Scenarios
Inflation — the same contributions merely keeping pace with CPI would be $6,133 today, so the real (inflation-adjusted) return is -17.3%.
Lump sum instead — $5,000 all at once in Feb 2019: $5,051 (+1.0%) — DCA came out ahead.
Worst timing — same monthly amount started at the all-time high (Aug 2021): $2,009 on $2,000 invested (+0.5%).
Backtests use monthly closing prices. Stock dividends aren’t reinvested, so long-run equity returns are understated.
If this saved you a spreadsheet — buy me a coffee.
Every start month at once
Each cell is the return-to-date of £/$/€100-a-month DCA started that month. Click a cell to load it in the backtest above. The ringed cell is the all-time-high start — the worst timing scenario.
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | ||||||||||||
| 2020 | ||||||||||||
| 2021 | ||||||||||||
| 2022 | ||||||||||||
| 2023 |
About USDS
USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S. dollar. It functions as a versatile tool for decentralized finance (DeFi), allowing value to move through the system via peer-to-peer lending and saving without a middleman. The token is 'put to work' by being supplied to various protocol modules; for example, users can convert USDS into sUSDS to earn interest from protocol revenue or lock it to receive SKY governance tokens. (CoinGecko)
It's a cryptocurrency categorised under stablecoins, with a market cap of about $9.8B.
It rates Medium-Low Risk at 1.9/5, meaning the rated factors are mostly sound, with one or two areas worth watching.
What pushes the score up: liquidity (4.3/5) and custody / bridge (3.0/5).
Scoring well: systemic / correlation at 1.0/5.
Not yet researched: supply & concentration. These are excluded from the score rather than guessed, so the real risk may be higher than what’s shown.
Ratings summarise sourced facts against fixed rules — not investment advice, and no substitute for your own diligence.
Risk Profile
- Annualised volatility (3yr)1/531.3
- Max drawdown from ATH2/534.6
- Beta vs BTC1/5-0.03
- 24h volume / market cap3/52.8
- Top exchange % of volume5/599.0
- Significant listings5/51.0
- Top 10 wallets % of supplynot yet researched
- Unlocks in next 6mo, % of supplynot yet researched
- Annual supply growth %not yet researched
- Audit status2/5audited recognized older
- Admin key / upgradeabilitynot yet researched
- Share of its mining algorithm (PoW)not yet researched
- Bridge reliance3/5collateralized mixed centralized
- Team1/5doxxed track record
- Largest staking operator, % of stakenot yet researched
- Regulatory profile1/5organic no history
- Correlation to BTC1/5-0.09
Linked Assets
Same sector, or return-correlated — worth knowing what else might move if this one does.
- Sky SKY+12% (weak)same category: stablecoins
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- USDC USDC+9% (weak)same category: stablecoins
- Falcon USD USDF+4% (weak)same category: stablecoins
- Aave AAVE+1% (weak)same category: stablecoins
- Tether USDT-7% (weak)same category: stablecoins
- Ethena USDe USDEsame category: stablecoins
- Global Dollar USDGsame category: stablecoins