Exchange USDS to USDP
Best rate guaranteed
We compare rates across multiple liquidity providers in real time and route your USDS → USDP swap through the cheapest one.
24/7 human support
Real humans on Telegram within 3 minutes, any timezone. Every order has a copyable ID, we see the same state you do.
Non-custodial security
Your USDS moves directly to the provider's deposit address, USDP arrives at your wallet. SwapHub never holds your funds.
How to swap USDS to USDP.
Enter USDS amount
Type how much USDS you want to swap. We'll show the exact USDP you'll receive at the live rate.
Paste USDP address
Your Pax Dollar receiving address. We validate the format live — valid addresses show a teal check.
Send your USDS
Transfer USDS to the one-time deposit address. Open it in your wallet with one tap — no manual copy.
Receive USDP
USDP arrives at your wallet. We never held your funds — non-custodial from start to finish.
Why people swap USDS to USDP.
Regulatory compliance. Pax Dollar (USDP) is one of the most regulated stablecoins, issued by a New York-regulated trust company. Swapping USDS to USDP ensures compliance for institutions needing regulatory certainty.
Improved governance. USDS is the rebranded Sky protocol, built on the same over-collateralized model as DAI. The SSR (Sky Savings Rate) replaces DSR, offering new yield opportunities for stablecoin holders.
DeFi lending base asset. USDS serves as the base asset for DeFi lending, providing a robust and transparent alternative to DAI. The evolution to USDS offers enhanced features and improved branding.
Multi-chain support. USDS supports multiple networks including Ethereum (ERC-20), Arbitrum, and Base, allowing for seamless cross-chain swaps and liquidity across various DeFi platforms.
About the assets.
USDS is the rebranded Sky protocol, a decentralized stablecoin built on the same over-collateralized model as DAI. It supports multiple networks including Ethereum (ERC-20), Arbitrum, and Base.
Pax Dollar (USDP) is a highly-regulated stablecoin issued by Paxos, a New York-regulated trust company. It is backed 1:1 by USD and US Treasuries, making it a preferred choice for institutions requiring regulatory certainty.
Questions people ask.
01 What's the current USDS to USDP exchange rate?
Right now 1 USDS equals about USDP. The rate updates every 60 seconds on this page. The exact amount you'll receive is locked at the moment your USDS arrives at the deposit address.
02 How long does a USDS to USDP swap take?
Average end-to-end time is about 5 minutes. The main variable is the Ethereum network confirmation speed, which is typically the same as the host network. You can track progress in real time on the swap page.
03 Which USDS networks are supported?
SwapHub supports USDS on Ethereum (ERC-20), Arbitrum, and Base. Pick whichever network your source wallet holds USDS on — the cheapest option is highlighted automatically.
04 What is the minimum and maximum amount?
Minimums vary by pair and are shown before you confirm — typically around $10–$20 equivalent. There's no hard maximum — larger orders may be split across providers automatically for the best rate.
05 Float rate vs Fixed rate — which should I pick?
Float gives you the best available rate at the moment your deposit arrives (usually a slightly better number, subject to movement). Fixed locks the rate when you create the order, costing about 0.4% extra — worth it for large amounts or when the market is moving fast.
06 Is there a fee on top of the exchange rate?
SwapHub charges no extra fee on top of the displayed rate — our margin is already included in what you see. You'll also pay the network fee for USDP and gas on your chosen USDS network.
07 What happens if I send the wrong amount?
If you send less than the minimum, the order pauses and you can add a top-up. If you send more than the estimate, you'll automatically receive the extra USDP at the locked rate. Sending a different coin to the USDS address is recoverable but requires contacting support.
08 Can I swap USDS to USDP inside Telegram?
Yes. @swapHUB_com_bot opens a Telegram Mini App with the same flow, same rates, same providers. Convenient for mobile users who already live in Telegram.
09 Is SwapHub regulated? Where is it based?
SwapHub operates as a non-custodial interface that routes orders across multiple licensed exchange providers. We don't custody funds, so the regulatory model is closer to an aggregator than an exchange. For jurisdiction-specific questions, see the Terms.
10 What is the typical network fee for USDS?
Typical network fees for USDS range from $0.50 to $30 depending on congestion. These fees are charged on top of the exchange rate and are paid to the USDS network provider.