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 | 0.0% | 0.0% | 0.0% | $0 | $0.08421 | 53.28 | 22,421 | 0.2299 | 0 | |
AVAIAVAI | $0.4251 | 0.0% | -1.0% | -20.5% | $6,463 | $4.856 | 35.91 | 25 | 0 | – | |
Vesta StableVST | $1.006 | -0.2% | -0.2% | -4.4% | $76,431 | $2.093 | 67.14 | 58,426 | 0.484 | – | |
MaiMai | $0.00009294 | -72.4% | – | – | $92,937 | $89,333 | 23.16 | 416 | 0 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.73 | 1,145 | 0.3269 | – | |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $122,904 | $0.1136 | 35.42 | 21 | 0 | – | |
Magic Internet MoneyMIM | $0.0001311 | 0.0% | 3,098.4% | 3,098.4% | $131,114 | $0 | 42.43 | 2,214 | 0.2989 | – | |
Asymmetry USDafASF | $0.01032 | -1.1% | -0.8% | -15.0% | $170,472 | $559.49 | 27.29 | – | – | 0 | |
DAIDAI | $0.0001747 | 2.7% | – | – | $174,733 | $4,886 | 36.47 | 2,387 | 0.6435 | – | |
EthenaENA | $0.08641 | 4.4% | 2.8% | -0.6% | $222,495 | $5,379 | 48.55 | 248 | – | – | |
Pay DaiPayDai | $0.05223 | 0.0% | 361.3% | 361.3% | $223,352 | $0 | 25.98 | 178 | 0 | – | |
Magic Internet Money MIM | $0.05255 | 0.0% | 1,406.3% | 1,406.3% | $255,013 | $0 | 30.16 | 326 | 0 | – | |
Magic Internet MoneyMIM | $0.0002593 | 0.0% | 529.3% | 529.3% | $259,280 | $0 | 37.96 | 1,404 | 0.3177 | – | |
Magic Internet MoneyMIM | $0.119 | 0.2% | -9.3% | -86.3% | $734,171 | $664.62 | 52.15 | 2,386 | 0.6255 | – | |
USDL StablecoinUSDL | $1.003 | 0.0% | 0.7% | 1.0% | $1.26M | $18,651 | 70.7 | Lending+1 | 5,568 | 0.6116 | – |
Dai StablecoinDAI | $0.9997 | -0.1% | 0.0% | 0.0% | $2.07M | $116,817 | 71.28 | Bridged+1 | 438,999 | 0.1772 | – |
Frax FPIFPIS | $0.0852 | 0.2% | 1.2% | 0.6% | $2.49M | $152.41 | 30.17 | – | – | -25.26 | |
HOPE CollateralHOPE | $0.5188 | 0.0% | 0.0% | 0.0% | $5.49M | $0 | 24.51 | Lending+1 | – | – | – |
Magic Internet MoneyMIM | $0.1188 | -13.7% | -7.2% | -86.5% | $6.54M | $92.94 | 45.17 | 6,363 | 0.2698 | – | |
Magic Internet MoneyMIM | $0.1197 | -0.1% | -8.0% | -86.3% | $7.81M | $1,413 | 53.19 | 52,519 | 0.2174 | – | |
Alchemix USDalUSD | $0.9408 | 0.2% | -1.9% | -1.5% | $10.00M | $580.42 | 61.86 | 4,167 | 0.3247 | – | |
Alchemix USDalUSD | $0.9408 | 0.2% | -1.9% | -1.9% | $10.04M | $74,368 | 65.27 | 5,201 | 0.2691 | – | |
Synth sUSDsUSD | $1 | 0.0% | 0.0% | 326.1% | $10.11M | $0 | 61.8 | 94,720 | 0.2009 | – | |
Dai StablecoinDAI.e | $0.9995 | 0.0% | -0.1% | 0.0% | $11.18M | $22,418 | 65.41 | 7,707 | 0.2573 | – | |
miMATICmiMATIC | $0.9954 | 0.1% | -0.1% | 0.7% | $11.92M | $10,348 | 63.47 | Lending+1 | 42,575 | – | – |
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.