Puffer vs USDS — how do they compare? Puffer trades at Rp237.4 (market cap Rp123,27M, Rp16,58M 24h volume), while USDS trades at Rp17,854 (market cap Rp175,07T, Rp4,56T 24h volume). The key difference: USDS is far larger — about 1420215.8× Puffer's market cap, and Puffer's supply is capped (529,4M / 1B PUFFER (53%)) while USDS's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Puffer for 12 Days and USDS for 12 Days on average.
| PUFFER | USDS | |
|---|---|---|
Market Cap | Rp123,27M | Rp175,07T |
Volume (24h) | Rp16,58M | Rp4,56T |
Circulating Supply | 529,4M / 1B PUFFER (53%) | 9,8B USDS |
Typical Hold Time | 12 Days | 12 Days |
Puffer is a decentralized platform aimed at improving the scalability and security of Ethereum through innovative restaking and rollup solutions. The ecosystem features the Puffer LRT (Liquid Restaking Token) along with the UniFi suite of products, which includes UniFi AVS and UniFi Based Rollup. The native governance token, PUFFER, is used to manage key protocol parameters within the Puffer and UniFi ecosystem. This includes selecting guardians and restaking operators, curating supported AVSs, overseeing fee structures, whitelisting new rollups for AVS support, and managing ecosystem rewards and treasury funds.
Read more on PUFFER →USDS (Sky Dollar) is a decentralized stablecoin issued by Sky Protocol, the rebranded successor to MakerDAO, one of DeFi’s most established names. Pegged 1:1 to the US dollar, USDS is minted by locking crypto assets as collateral and is fully upgradeable from DAI at a 1:1 ratio. Beyond price stability, USDS offers native yield through the Sky Savings Rate, governance token rewards via SKY, and is available across multiple chains including Ethereum and Solana.
Read more on USDS →