Token Pairs & Routes
A bi-directional arrow (↔) indicates that conversions between the listed tokens can occur in both directions. A single directional arrow (→) signifies that conversions are permitted in only one direction.
Each route in this section corresponds to a specific network deployment, denoted by the '@' symbol.
USDS ↔ USDC
Routes
DAI ↔ USDS
USDS is linked to the same issuance source as DAI, ensuring that USDS maintains parity with DAI. The converter contract allows holders of DAI or USDS to convert between these ERC20 tokens at any time, with no liquidity restrictions.
Routes
DAI ↔ USDC
DAI to USDC conversions are currently supported by the LitePSM. LitePSM is a newly deployed codebase with a backward-compatible smart contract interface, designed to replace the widely used PSM and reduce gas costs for end-users. For more information about LitePSM, please refer to this user guide.
Routes
MKR ↔ SKY
The conversion rate between MKR and SKY is fixed at 1:24,000.
Routes
USDS ↔ sUSDS
Savings USDS (sUSDS) will be a new deployment and will not be linked to the current Savings DAI contract or its internal yield source within the Maker protocol, known as the Pot. Please note that sUSDS and sDAI are not exchangeable on a 1:1 basis, as they have different face values and have accumulated varying amounts of yield since their respective launches. At launch, sUSDS will start at 1.000 USDS or 1.000 DAI, while sDAI currently has an exchange rate of 1.097 DAI.
Routes
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