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 ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Dai StablecoinDAI | $0.001799 | 2.2% | 18.3% | 18.1% | $79.14M | $183,117 | 81.59 | USD+1 | 64,114 | 0.758 | – |
DAIDAI | $0.0001704 | 2.7% | – | – | $170,376 | $4,886 | 36.47 | 2,387 | 0.6435 | – | |
Magic Internet MoneyMIM | $0.1188 | 0.0% | -9.5% | -86.3% | $736,430 | $2,054 | 53 | 2,386 | 0.6255 | – | |
USDL StablecoinUSDL | $0.9976 | -0.5% | 0.2% | 0.5% | $1.26M | $18,651 | 70.55 | Lending+1 | 5,568 | 0.6116 | – |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $4.63B | $17.07M | 78.73 | DeFi+1 | 649,820 | 0.5797 | – |
Curve.Fi USD StablecoincrvUSD | $0.9996 | 0.0% | -0.0% | 0.0% | $210.09M | $117,470 | 66.57 | 1,220 | 0.5197 | – | |
Vesta StableVST | $1.009 | 0.0% | 0.1% | -4.2% | $76,431 | $2.093 | 67.04 | 58,426 | 0.484 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.79M | $15,915 | 68.12 | Lending+1 | 6,421 | 0.4513 | – |
Savings UsddsUSDD | $1.057 | -0.2% | 0.7% | -0.1% | $197.49M | $133.98 | 57.97 | 684 | 0.4439 | – | |
Threshold thUSDT | $0.003693 | -0.9% | -13.7% | 3.0% | $41.85M | $28,646 | 65.34 | 9,562 | 0.3965 | 9,893 | |
Staked USDaisUSDai | $1.099 | -0.0% | 0.2% | 0.7% | $329.11M | $154,452 | 66.7 | 3,510 | 0.3785 | – | |
AUSDAUSD | $1 | -0.0% | -0.0% | 0.0% | $199.84M | $3.98M | 63.24 | 911 | 0.37 | – | |
Synth sUSDsUSD | $0.2319 | 0.0% | 0.0% | -1.2% | $12.52M | $0 | 53.46 | 14,335 | 0.3672 | – | |
BOLD StablecoinBOLD | $1.001 | 0.0% | -0.0% | 0.2% | $29.87M | $319,296 | 63.16 | 934 | 0.3617 | – | |
Dola USD StablecoinDOLA | $0.9957 | -0.0% | -0.0% | -0.0% | $45.70M | $183,010 | 64.44 | 1,582 | 0.3555 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.72 | 1,145 | 0.3269 | – | |
Alchemix USDalUSD | $0.9398 | 0.1% | -2.0% | -1.6% | $10.00M | $580.42 | 61.74 | 4,167 | 0.3247 | – | |
Magic Internet MoneyMIM | $0.0002593 | 0.0% | 529.3% | 529.3% | $259,280 | $0 | 37.95 | 1,404 | 0.3177 | – | |
FraxFRAX | $0.9895 | -0.3% | -0.1% | -0.1% | $239.57M | $590.69 | 65.29 | DeFi+1 | 16,145 | 0.3164 | – |
Magic Internet MoneyMIM | $0.0001311 | 0.0% | 3,098.4% | 3,098.4% | $131,114 | $0 | 42.42 | 2,214 | 0.2989 | – | |
Metronome Synth USDmsUSD | $0.993 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 63.71 | 2,431 | 0.2954 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.26M | $2.30M | 67.24 | Lending+1 | 7,579 | 0.2849 | – |
FraxFRAX | $0.9895 | -0.3% | -0.1% | -0.1% | $239.57M | $4,424 | 64.82 | 9,301 | 0.2798 | – | |
Magic Internet MoneyMIM | $0.3533 | 156.8% | 176.1% | -59.8% | $6.55M | $1,688 | 52.01 | 6,363 | 0.2698 | – | |
Alchemix USDalUSD | $0.9398 | 0.1% | -2.0% | -2.0% | $10.04M | $74,368 | 65.16 | 5,201 | 0.2691 | – |
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.