Crypto-Backed
Explore crypto-backed stablecoins: digital assets pegged to the value of other cryptocurrencies.
Top gainers this week
Top losers this week
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
MaiMai | $0.00009081 | -72.4% | – | – | $90,807 | $89,333 | 23.16 | 416 | 0 | – | |
Magic Internet MoneyMIM | $0.1188 | -13.7% | -7.2% | -86.5% | $6.54M | $92.94 | 45.28 | 6,363 | 0.2698 | – | |
Asymmetry USDafASF | $0.01033 | -1.0% | -0.7% | -15.0% | $170,472 | $559.49 | 27.36 | – | – | 0 | |
Savings UsddsUSDD | $1.051 | -0.8% | 0.1% | -0.6% | $197.49M | $133.98 | 58.26 | 684 | 0.4439 | – | |
Dai Stablecoin from EthereumDAI | $0.9994 | -0.5% | 0.2% | -0.2% | $12.48M | $370,484 | 70.15 | 32,514 | 0.2216 | – | |
Threshold thUSDT | $0.003709 | -0.4% | -13.3% | 3.5% | $41.85M | $32,421 | 65.75 | 9,562 | 0.3965 | 9,893 | |
Dai StablecoinDAI | $0.9998 | -0.3% | 0.1% | -0.0% | $18.47M | $576,512 | 71.99 | 168,763 | 0.1963 | – | |
Vesta StableVST | $1.006 | -0.2% | -0.2% | -4.4% | $76,431 | $2.093 | 67.34 | 58,426 | 0.484 | – | |
FraxFRAX | $0.9909 | -0.1% | 0.1% | 0.0% | $239.57M | $590.69 | 65.62 | DeFi+1 | 16,145 | 0.3164 | – |
FraxFRAX | $0.9909 | -0.1% | 0.1% | 0.1% | $239.57M | $4,424 | 65.15 | 9,301 | 0.2798 | – | |
Metronome Synth USDmsUSD | $0.9932 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 64.03 | 2,431 | 0.2954 | – | |
Dai StablecoinDAI | $0.9997 | -0.1% | 0.0% | 0.0% | $2.07M | $116,817 | 71.49 | Bridged+1 | 438,999 | 0.1772 | – |
Magic Internet MoneyMIM | $0.1197 | -0.1% | -8.0% | -86.3% | $7.81M | $1,413 | 53.29 | 52,519 | 0.2174 | – | |
Dai StablecoinDAI | $0.9994 | -0.1% | -0.0% | 0.1% | $13.72M | $60,765 | 71.38 | USD+1 | 111,440 | 0.1981 | – |
BOLD StablecoinBOLD | $1 | -0.0% | -0.1% | 0.2% | $29.87M | $319,296 | 63.48 | 934 | 0.3617 | – | |
Staked USDaisUSDai | $1.099 | -0.0% | 0.2% | 0.7% | $329.11M | $154,452 | 67.03 | 3,510 | 0.3785 | – | |
AUSDAUSD | $1 | -0.0% | -0.0% | 0.0% | $199.84M | $2.65M | 63.56 | 911 | 0.37 | – | |
Synth sUSDsUSD | $1 | 0.0% | 0.0% | 326.1% | $10.11M | $0 | 62.01 | 94,720 | 0.2009 | – | |
Synth sUSDsUSD | $0.2319 | 0.0% | 0.0% | -1.2% | $12.52M | $0 | 53.71 | 14,335 | 0.3672 | – | |
Magic Internet MoneyMIM | $0 | 0.0% | 0.0% | 0.0% | $0 | $0.08421 | 53.47 | 22,421 | 0.2299 | 0 | |
Magic Internet MoneyMIM | $0.0001311 | 0.0% | 3,098.4% | 3,098.4% | $131,114 | $0 | 42.43 | 2,214 | 0.2989 | – | |
Magic Internet MoneyMIM | $0.0002593 | 0.0% | 529.3% | 529.3% | $259,280 | $0 | 37.96 | 1,404 | 0.3177 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.73 | 1,145 | 0.3269 | – | |
Magic Internet Money MIM | $0.05255 | 0.0% | 1,406.3% | 1,406.3% | $255,013 | $0 | 30.16 | 326 | 0 | – | |
Pay DaiPayDai | $0.05223 | 0.0% | 361.3% | 361.3% | $223,352 | $0 | 25.98 | 178 | 0 | – |
Frequently asked questions
How has Crypto-Backed performed recently?
The Crypto-Backed category has been quiet over both the 7-day and 30-day periods, with no tokens experiencing upward or downward breadth, and no significant climbers, fallers, or score extremes.
What are crypto-backed stablecoins?
Crypto-backed stablecoins are a type of stablecoin whose value is pegged to another cryptocurrency, often over-collateralized to maintain stability.
How do crypto-backed stablecoins maintain their peg?
They maintain their peg through over-collateralization with other cryptocurrencies, often managed by smart contracts that facilitate the minting and burning of tokens to maintain a stable value relative to their target asset.
What are the risks associated with crypto-backed stablecoins?
Risks include the volatility of the underlying collateral, smart contract vulnerabilities, and potential for liquidation if the collateral value drops significantly.
How do crypto-backed stablecoins differ from fiat-backed stablecoins?
Crypto-backed stablecoins are collateralized by other cryptocurrencies, whereas fiat-backed stablecoins are backed by traditional currencies held in reserves by financial institutions.