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 ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Gho TokenGHO | $0.9989 | 0.0% | 0.0% | 0.0% | $648.59M | $2.05M | 67.43 | Lending+1 | 7,579 | 0.2849 | – |
Gho TokenGHO | $0.9989 | 0.0% | 0.0% | 0.0% | $648.21M | $1,703 | 66.42 | Lending+1 | 6,421 | 0.4513 | – |
Gho TokenGHO | $0.9989 | 0.0% | 0.0% | 0.0% | $648.51M | $12,967 | 65.59 | 10,302 | 0.2492 | – | |
FraxFRAX | $0.9913 | 0.0% | 0.0% | 0.1% | $239.57M | $590.69 | 65.5 | DeFi+1 | 16,145 | 0.3164 | – |
FraxFRAX | $0.9913 | 0.0% | 0.0% | 0.0% | $239.57M | $1,677 | 64.2 | 9,301 | 0.2798 | – | |
BOLD StablecoinBOLD | $1.001 | 0.0% | 0.0% | 0.2% | $29.87M | $319,296 | 63.35 | 934 | 0.3617 | – | |
Vesta StableVST | $1.009 | 0.0% | 0.0% | -4.2% | $76,431 | $2.093 | 67.23 | 58,426 | 0.484 | – | |
miMATICmiMATIC | $0.9961 | 0.0% | 0.1% | 0.7% | $11.92M | $10,348 | 63.57 | Lending+1 | 42,575 | – | – |
Dai StablecoinDAI | $1 | 0.0% | 0.1% | -0.1% | $2.07M | $116,817 | 71.38 | Bridged+1 | 438,999 | 0.1772 | – |
Metronome Synth USDmsUSD | $0.995 | 0.0% | 0.1% | -0.2% | $44.56M | $56,792 | 63.92 | 2,431 | 0.2954 | – | |
Savings UsddsUSDD | $1.051 | 0.0% | 0.1% | -0.6% | $197.49M | $157.34 | 58.27 | 684 | 0.4439 | – | |
LUSD StablecoinLUSD | $1.005 | 0.0% | 0.1% | -0.1% | $27.47M | $918.14 | 62.5 | 6,838 | 0.2608 | – | |
Staked USDaisUSDai | $1.099 | 0.0% | 0.2% | 0.6% | $329.11M | $154,452 | 66.87 | 3,510 | 0.3785 | – | |
Dai StablecoinDAI | $1.002 | 0.0% | 0.2% | 0.1% | $13.72M | $60,765 | 71.27 | USD+1 | 111,440 | 0.1981 | – |
EthenaENA | $0.08667 | 0.0% | 3.8% | -4.5% | $222,495 | $5,379 | 48.68 | 251 | – | – | |
Dai StablecoinDAI | $0.001823 | 0.0% | 5.1% | 19.7% | $81.02M | $188,056 | 81.87 | USD+1 | 64,117 | 0.758 | – |
Pay DaiPayDai | $0.05223 | 0.0% | 361.3% | 361.3% | $223,352 | $0 | 25.98 | 178 | 0 | – | |
Magic Internet MoneyMIM | $0.0002593 | 0.0% | 529.3% | 529.3% | $259,280 | $0 | 37.96 | 1,404 | 0.3177 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.73 | 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 | – | |
Magic Internet MoneyMIM | $0.0001311 | 0.0% | 3,098.4% | 3,098.4% | $131,114 | $0 | 42.43 | 2,214 | 0.2989 | – | |
DAIDAI | $0.0001747 | 2.7% | – | – | $174,733 | $4,886 | 36.48 | 2,387 | 0.6435 | – | |
MaiMai | $0.00008836 | -72.4% | – | – | $88,356 | $89,333 | 23.16 | 413 | 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.