sDAI
MakerDAO's interest-bearing wrapper of DAI, paying the [[dsr]] (DAI Savings Rate).
sDAI accrues yield via share-price growth (not rebase). The DSR is set by Maker governance and tracks roughly the broader stablecoin yield environment. sUSDS is the analogous Sky token for USDS.
See on StableLens
/stablecoins/sDAI — live data, risk grade, and methodology citation.
Related terms
- DAIThe pioneering decentralised stablecoin, issued by MakerDAO via [[cdp]] vaults backed by ETH, RWA, and other collateral.
- DSR (Dai Savings Rate)Maker / Sky's protocol-set rate paid to DAI / USDS depositors — historically a benchmark for stablecoin yields.
- USDSSky's post-Endgame stablecoin, 1:1 swappable with [[dai]], with sUSDS as the yield-bearing wrapper.
- sUSDSSky's yield-bearing wrapper of [[usds]] — share-price grows with the Sky Savings Rate (SSR).