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 | $0.0002593 | 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 | 37.72 | 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 | – | |
HOPE CollateralHOPE | $0.5188 | 0.0% | 0.0% | 0.0% | $5.49M | $0 | 24.76 | Lending+1 | – | – | – |
USDeUSDe | $0.9998 | 0.0% | -0.0% | 0.1% | $4.03B | $25,292 | 69.07 | 35,803 | 0.2196 | – | |
(PoS) Dai StablecoinDAI | $0.9999 | 0.0% | 0.0% | 0.0% | $554.15M | $33.60M | 67.52 | 3.49M | – | – | |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $4.63B | $17.07M | 79.12 | DeFi+1 | 649,820 | 0.5797 | – |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $122,904 | $0.1136 | 35.71 | 21 | 0 | – | |
Dai TokenDAI | $1 | 0.0% | -0.0% | 0.0% | $31.10M | $142,893 | 71.9 | 204,622 | 0.1883 | – | |
Dai StablecoinDAI | $1 | 0.0% | 0.0% | 0.1% | $13.72M | $146,359 | 72.1 | USD+1 | 111,440 | 0.1981 | – |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.79M | $15,915 | 68.51 | Lending+1 | 6,421 | 0.4513 | – |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.26M | $2.30M | 67.64 | Lending+1 | 7,579 | 0.2849 | – |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.51M | $12,967 | 65.79 | 10,302 | 0.2492 | – | |
AVAIAVAI | $0.4251 | 0.0% | -1.0% | -20.5% | $6,463 | $4.856 | 36.18 | 25 | 0 | – | |
miMATICmiMATIC | $0.9954 | 0.1% | -0.1% | 0.7% | $11.92M | $10,348 | 63.76 | Lending+1 | 42,575 | – | – |
Frax FPIFPIS | $0.0851 | 0.1% | 1.1% | 0.5% | $2.48M | $164.71 | 30.5 | – | – | -25.11 | |
LUSD StablecoinLUSD | $1.006 | 0.1% | -0.1% | 0.1% | $27.47M | $918.14 | 62.71 | 6,838 | 0.2608 | – | |
Alchemix USDalUSD | $0.941 | 0.2% | -1.8% | -1.8% | $10.04M | $74,368 | 65.55 | 5,201 | 0.2691 | – | |
Alchemix USDalUSD | $0.941 | 0.2% | -1.8% | -1.5% | $10.00M | $580.42 | 62.15 | 4,167 | 0.3247 | – | |
DAIDAI | $0.0001724 | 2.7% | – | – | $172,378 | $4,886 | 36.47 | 2,387 | 0.6435 | – | |
Dai StablecoinDAI | $0.001811 | 2.9% | 19.1% | 18.9% | $80.53M | $183,117 | 82.04 | USD+1 | 64,113 | 0.758 | – |
EthenaENA | $0.0861 | 4.0% | 2.5% | -0.9% | $222,495 | $5,379 | 48.82 | 248 | – | – |
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.