Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS


Two decentralized finance (DeFi) altcoins have abruptly gained support from the top US-based crypto exchange platform Coinbase.

In a new announcement, Coinbase says it’s adding Sky (SKY), formerly known as MakerDAO, as well as its associated stablecoin USDS (USDS), to its suite of digital asset products.

“Sky (SKY) and USDS (USDS) are now live on Coinbase.com and in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.”

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News of the additions had little impact on the tokens, as SKY is trading for $0.0836 at time of writing, a 3% gain during the last 24 hours, while USDS has remained pegged to the value of the US dollar.

According to the crypto analytics firm

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