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 | $0.9998 | 0.0% | -0.0% | 0.0% | $4.63B | $17.07M | 78.7 | DeFi+1 | 649,820 | 0.5797 | – |
Magic Internet MoneyMIM | $0 | 0.0% | 0.0% | 0.0% | $0 | $0.08421 | 53.18 | 22,421 | 0.2299 | 0 | |
HOPE CollateralHOPE | $0.5188 | 0.0% | 0.0% | 0.0% | $5.49M | $0 | 24.38 | Lending+1 | – | – | – |
Dai StablecoinDAI | $0.9999 | -0.3% | 0.1% | -0.0% | $18.47M | $576,512 | 71.64 | 168,763 | 0.1963 | – | |
LUSD StablecoinLUSD | $1.005 | 0.0% | -0.2% | -0.0% | $27.47M | $918.14 | 62.27 | 6,838 | 0.2608 | – | |
Dola USD StablecoinDOLA | $0.9957 | -0.0% | -0.0% | -0.0% | $45.70M | $183,010 | 64.41 | 1,582 | 0.3555 | – | |
(PoS) Dai StablecoinDAI | $0.9993 | -0.1% | -0.0% | -0.0% | $554.15M | $33.60M | 67.09 | 3.49M | – | – | |
FraxFRAX | $0.9895 | -0.3% | -0.1% | -0.1% | $239.57M | $4,424 | 64.82 | 9,301 | 0.2798 | – | |
Savings UsddsUSDD | $1.057 | -0.2% | 0.7% | -0.1% | $197.49M | $133.98 | 57.95 | 684 | 0.4439 | – | |
FraxFRAX | $0.9895 | -0.3% | -0.1% | -0.1% | $239.57M | $590.69 | 65.29 | DeFi+1 | 16,145 | 0.3164 | – |
Metronome Synth USDmsUSD | $0.993 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 63.68 | 2,431 | 0.2954 | – | |
EthenaENA | $0.08598 | 3.8% | 2.3% | -1.1% | $222,495 | $5,379 | 48.41 | 248 | – | – | |
Synth sUSDsUSD | $0.2319 | 0.0% | 0.0% | -1.2% | $12.52M | $0 | 53.44 | 14,335 | 0.3672 | – | |
Alchemix USDalUSD | $0.9398 | 0.1% | -2.0% | -1.6% | $10.00M | $580.42 | 61.74 | 4,167 | 0.3247 | – | |
Alchemix USDalUSD | $0.9398 | 0.1% | -2.0% | -2.0% | $10.04M | $74,368 | 65.13 | 5,201 | 0.2691 | – | |
Vesta StableVST | $1.009 | 0.0% | 0.1% | -4.2% | $76,431 | $2.093 | 67.04 | 58,426 | 0.484 | – | |
Asymmetry USDafASF | $0.01031 | -1.2% | -0.9% | -15.1% | $172,918 | $492.62 | 27.08 | – | – | 0 | |
AVAIAVAI | $0.4251 | 0.0% | -1.0% | -20.5% | $6,463 | $4.856 | 35.81 | 25 | 0 | – | |
Magic Internet MoneyMIM | $0.3533 | 156.8% | 176.1% | -59.8% | $6.55M | $1,688 | 52.01 | 6,363 | 0.2698 | – | |
Magic Internet MoneyMIM | $0.1199 | 0.1% | -7.8% | -86.3% | $7.81M | $1,413 | 53.14 | 52,519 | 0.2174 | – | |
Magic Internet MoneyMIM | $0.1188 | 0.0% | -9.5% | -86.3% | $736,430 | $2,054 | 53 | 2,386 | 0.6255 | – | |
DAIDAI | $0.0001704 | 2.7% | – | – | $170,376 | $4,886 | 36.47 | 2,387 | 0.6435 | – | |
MaiMai | $0.00009472 | -72.4% | – | – | $94,715 | $89,333 | 23.2 | 423 | 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.