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 ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Alchemix USDalUSD | $0.941 | 0.2% | -1.9% | -1.5% | $10.00M | $580.42 | 61.95 | 4,167 | 0.3247 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.72 | 1,145 | 0.3269 | – | |
Dola USD StablecoinDOLA | $0.9958 | -0.0% | -0.0% | -0.0% | $45.71M | $1.85M | 64.64 | 1,582 | 0.3555 | – | |
BOLD StablecoinBOLD | $1 | -0.0% | -0.1% | 0.2% | $29.87M | $319,296 | 63.35 | 934 | 0.3617 | – | |
Synth sUSDsUSD | $0.2319 | 0.0% | 0.0% | -1.2% | $12.52M | $0 | 53.61 | 14,335 | 0.3672 | – | |
AUSDAUSD | $1 | -0.0% | -0.0% | 0.0% | $199.84M | $3.98M | 63.44 | 911 | 0.37 | – | |
Staked USDaisUSDai | $1.099 | -0.0% | 0.1% | 0.7% | $329.11M | $154,452 | 66.9 | 3,510 | 0.3785 | – | |
Threshold thUSDT | $0.003707 | -0.5% | -13.4% | 3.4% | $41.85M | $28,646 | 65.54 | 9,562 | 0.3965 | 9,893 | |
Savings UsddsUSDD | $1.057 | -0.2% | 0.7% | -0.1% | $197.49M | $133.98 | 58.17 | 684 | 0.4439 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.79M | $15,915 | 68.32 | Lending+1 | 6,421 | 0.4513 | – |
Vesta StableVST | $1.006 | -0.2% | -0.2% | -4.4% | $76,431 | $2.093 | 67.22 | 58,426 | 0.484 | – | |
Curve.Fi USD StablecoincrvUSD | $0.9996 | -0.0% | -0.0% | 0.0% | $210.09M | $117,470 | 66.77 | 1,220 | 0.5197 | – | |
Dai StablecoinDAI | $1 | 0.0% | -0.0% | 0.0% | $4.63B | $17.07M | 78.93 | DeFi+1 | 649,820 | 0.5797 | – |
USDL StablecoinUSDL | $1.002 | -0.0% | 0.7% | 0.9% | $1.26M | $18,651 | 70.78 | Lending+1 | 5,568 | 0.6116 | – |
Magic Internet MoneyMIM | $0.1186 | -0.2% | -9.6% | -86.3% | $734,171 | $664.62 | 52.17 | 2,386 | 0.6255 | – | |
DAIDAI | $0.0001724 | 2.7% | – | – | $172,378 | $4,886 | 36.47 | 2,387 | 0.6435 | – | |
Dai StablecoinDAI | $0.001827 | 3.8% | 20.2% | 20.0% | $80.92M | $183,117 | 81.89 | USD+1 | 64,111 | 0.758 | – |
(PoS) Dai StablecoinDAI | $0.9999 | 0.0% | 0.0% | 0.0% | $554.15M | $33.60M | 67.32 | 3.49M | – | – | |
miMATICmiMATIC | $0.9954 | 0.1% | -0.1% | 0.7% | $11.92M | $10,348 | 63.56 | Lending+1 | 42,575 | – | – |
EthenaENA | $0.08644 | 4.4% | 2.9% | -0.6% | $222,495 | $5,379 | 48.64 | 248 | – | – | |
Frax FPIFPIS | $0.08511 | 0.1% | 1.1% | 0.5% | $2.48M | $164.71 | 30.32 | – | – | -25.11 | |
Asymmetry USDafASF | $0.01032 | -1.1% | -0.8% | -15.0% | $172,918 | $492.62 | 27.26 | – | – | 0 | |
HOPE CollateralHOPE | $0.5188 | 0.0% | 0.0% | 0.0% | $5.49M | $0 | 24.59 | Lending+1 | – | – | – |
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.