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 ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
BOLD StablecoinBOLD | $1 | 0.0% | -0.0% | 0.2% | $29.87M | $319,296 | 63.59 | 934 | 0.3617 | – | |
Dai StablecoinDAI | $0.9997 | -0.0% | -0.0% | -0.0% | $4.63B | $17.07M | 79.16 | DeFi+1 | 649,820 | 0.5797 | – |
Dai StablecoinDAI | $0.9997 | -0.0% | -0.0% | 0.0% | $122,904 | $0.1136 | 35.75 | 21 | 0 | – | |
Dola USD StablecoinDOLA | $0.9957 | -0.0% | -0.0% | -0.0% | $45.71M | $1.85M | 64.88 | 1,582 | 0.3555 | – | |
miMATICmiMATIC | $0.9957 | 0.1% | -0.0% | 0.7% | $11.92M | $10,348 | 63.8 | Lending+1 | 42,575 | – | – |
AUSDAUSD | $0.9998 | -0.0% | -0.0% | -0.0% | $199.84M | $3.98M | 63.67 | 911 | 0.37 | – | |
FraxFRAX | $0.9896 | -0.3% | -0.1% | -0.1% | $239.57M | $590.69 | 65.73 | DeFi+1 | 16,145 | 0.3164 | – |
FraxFRAX | $0.9896 | -0.3% | -0.1% | -0.1% | $239.57M | $4,424 | 65.26 | 9,301 | 0.2798 | – | |
Dai StablecoinDAI.e | $0.9993 | -0.0% | -0.1% | 0.0% | $11.18M | $8,256 | 64.89 | 7,707 | 0.2573 | – | |
LUSD StablecoinLUSD | $1.005 | 0.1% | -0.1% | 0.1% | $27.47M | $918.14 | 62.75 | 6,838 | 0.2608 | – | |
Vesta StableVST | $1.006 | -0.2% | -0.2% | -4.4% | $76,431 | $2.093 | 67.45 | 58,426 | 0.484 | – | |
Metronome Synth USDmsUSD | $0.9931 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 64.15 | 2,431 | 0.2954 | – | |
Dai Stablecoin from EthereumDAI | $0.9947 | -1.0% | -0.3% | -0.7% | $12.48M | $370,484 | 70.23 | 32,514 | 0.2216 | – | |
Asymmetry USDafASF | $0.01033 | -1.0% | -0.7% | -15.0% | $172,918 | $492.62 | 27.46 | – | – | 0 | |
AVAIAVAI | $0.4251 | 0.0% | -1.0% | -20.5% | $6,463 | $4.856 | 36.22 | 25 | 0 | – | |
Alchemix USDalUSD | $0.9402 | 0.2% | -1.9% | -1.9% | $10.04M | $74,368 | 65.59 | 5,201 | 0.2691 | – | |
Alchemix USDalUSD | $0.9402 | 0.2% | -1.9% | -1.6% | $10.00M | $580.42 | 62.18 | 4,167 | 0.3247 | – | |
Magic Internet MoneyMIM | $0.1188 | -13.7% | -7.2% | -86.5% | $6.55M | $1,688 | 47.61 | 6,363 | 0.2698 | – | |
Magic Internet MoneyMIM | $0.1194 | -0.3% | -8.1% | -86.3% | $7.81M | $1,413 | 53.35 | 52,519 | 0.2174 | – | |
Magic Internet MoneyMIM | $0.119 | 0.2% | -9.3% | -86.3% | $734,171 | $664.62 | 52.33 | 2,386 | 0.6255 | – | |
Threshold thUSDT | $0.003707 | -0.5% | -13.4% | 3.4% | $41.85M | $28,646 | 65.75 | 9,562 | 0.3965 | 9,893 | |
DAIDAI | $0.0001725 | 2.7% | – | – | $172,531 | $4,886 | 36.47 | 2,387 | 0.6435 | – | |
MaiMai | $0.00009142 | -72.4% | – | – | $91,417 | $89,333 | 23.18 | 418 | 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.