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 ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Magic Internet MoneyMIM | $0.1188 | -13.7% | -7.2% | -86.5% | $6.54M | $92.94 | 45.21 | 6,363 | 0.2698 | – | |
Magic Internet MoneyMIM | $0.1196 | -0.1% | -8.0% | -86.3% | $7.81M | $1,413 | 53.22 | 52,519 | 0.2174 | – | |
Magic Internet MoneyMIM | $0.1186 | -0.1% | -9.6% | -86.3% | $734,171 | $664.62 | 52.18 | 2,386 | 0.6255 | – | |
AVAIAVAI | $0.4251 | 0.0% | -1.0% | -20.5% | $6,463 | $4.856 | 35.99 | 25 | 0 | – | |
Asymmetry USDafASF | $0.01032 | -1.1% | -0.8% | -15.1% | $172,918 | $492.62 | 27.28 | – | – | 0 | |
Vesta StableVST | $1.006 | -0.2% | -0.2% | -4.4% | $76,431 | $2.093 | 67.22 | 58,426 | 0.484 | – | |
Alchemix USDalUSD | $0.941 | 0.2% | -1.9% | -1.8% | $10.04M | $74,368 | 65.38 | 5,201 | 0.2691 | – | |
Alchemix USDalUSD | $0.941 | 0.2% | -1.9% | -1.5% | $10.00M | $580.42 | 61.95 | 4,167 | 0.3247 | – | |
Synth sUSDsUSD | $0.2319 | 0.0% | 0.0% | -1.2% | $12.52M | $0 | 53.63 | 14,335 | 0.3672 | – | |
EthenaENA | $0.0865 | 4.5% | 2.9% | -0.5% | $222,495 | $5,379 | 48.66 | 248 | – | – | |
Dai Stablecoin from EthereumDAI | $0.9968 | -0.8% | -0.1% | -0.5% | $12.48M | $370,484 | 70.03 | 32,514 | 0.2216 | – | |
Metronome Synth USDmsUSD | $0.9931 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 63.93 | 2,431 | 0.2954 | – | |
Savings UsddsUSDD | $1.057 | -0.2% | 0.7% | -0.1% | $197.49M | $133.98 | 58.2 | 684 | 0.4439 | – | |
Dai TokenDAI | $0.9994 | -0.0% | -0.1% | -0.0% | $31.10M | $142,893 | 71.72 | 204,622 | 0.1883 | – | |
Dai StablecoinDAI | $0.9997 | -0.4% | 0.0% | -0.0% | $18.47M | $576,512 | 71.89 | 168,763 | 0.1963 | – | |
Dola USD StablecoinDOLA | $0.9958 | -0.0% | -0.0% | -0.0% | $45.71M | $1.85M | 64.66 | 1,582 | 0.3555 | – | |
Magic Internet MoneyMIM | $0 | 0.0% | 0.0% | 0.0% | $0 | $0.08421 | 53.36 | 22,421 | 0.2299 | 0 | |
HOPE CollateralHOPE | $0.5188 | 0.0% | 0.0% | 0.0% | $5.49M | $0 | 24.6 | Lending+1 | – | – | – |
AUSDAUSD | $1 | -0.0% | -0.0% | 0.0% | $199.84M | $3.98M | 63.46 | 911 | 0.37 | – | |
(PoS) Dai StablecoinDAI | $0.9999 | 0.0% | 0.0% | 0.0% | $554.15M | $33.60M | 67.34 | 3.49M | – | – | |
FraxFRAX | $0.9907 | -0.2% | 0.0% | 0.0% | $239.57M | $590.69 | 65.5 | DeFi+1 | 16,145 | 0.3164 | – |
Dai StablecoinDAI.e | $0.9994 | -0.0% | -0.1% | 0.0% | $11.18M | $8,256 | 64.67 | 7,707 | 0.2573 | – | |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $4.63B | $17.07M | 78.95 | DeFi+1 | 649,820 | 0.5797 | – |
Curve.Fi USD StablecoincrvUSD | $0.9996 | -0.0% | -0.0% | 0.0% | $210.09M | $117,470 | 66.77 | 1,220 | 0.5197 | – | |
Dai StablecoinDAI | $0.9997 | -0.1% | 0.0% | 0.0% | $2.07M | $38,623 | 70.46 | Bridged+1 | 438,999 | 0.1772 | – |
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.