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.e | $0.9994 | -0.0% | -0.1% | 0.0% | $11.18M | $8,256 | 64.65 | 7,707 | 0.2573 | – | |
FraxFRAX | $0.9907 | -0.2% | 0.0% | 0.1% | $239.57M | $4,424 | 65.02 | 9,301 | 0.2798 | – | |
Threshold thUSDT | $0.003707 | -0.5% | -13.4% | 3.4% | $41.85M | $28,646 | 65.54 | 9,562 | 0.3965 | 9,893 | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.51M | $12,967 | 65.59 | 10,302 | 0.2492 | – | |
Synth sUSDsUSD | $0.2319 | 0.0% | 0.0% | -1.2% | $12.52M | $0 | 53.61 | 14,335 | 0.3672 | – | |
FraxFRAX | $0.9907 | -0.2% | 0.0% | 0.0% | $239.57M | $590.69 | 65.5 | DeFi+1 | 16,145 | 0.3164 | – |
Magic Internet MoneyMIM | $0 | 0.0% | 0.0% | 0.0% | $0 | $0.08421 | 53.36 | 22,421 | 0.2299 | 0 | |
Dai Stablecoin from EthereumDAI | $1.002 | -0.3% | 0.4% | 0.0% | $12.48M | $370,484 | 70.04 | 32,514 | 0.2216 | – | |
USDeUSDe | $0.9998 | -0.0% | -0.0% | 0.1% | $4.03B | $25,292 | 68.87 | 35,803 | 0.2196 | – | |
miMATICmiMATIC | $0.9954 | 0.1% | -0.1% | 0.7% | $11.92M | $10,348 | 63.56 | Lending+1 | 42,575 | – | – |
Magic Internet MoneyMIM | $0.1196 | -0.1% | -8.0% | -86.3% | $7.81M | $1,413 | 53.22 | 52,519 | 0.2174 | – | |
Vesta StableVST | $1.006 | -0.2% | -0.2% | -4.4% | $76,431 | $2.093 | 67.22 | 58,426 | 0.484 | – | |
Dai StablecoinDAI | $0.001827 | 3.8% | 20.2% | 20.0% | $80.92M | $183,117 | 81.89 | USD+1 | 64,111 | 0.758 | – |
Synth sUSDsUSD | $1 | 0.0% | 0.0% | 326.1% | $10.11M | $0 | 61.89 | 94,720 | 0.2009 | – | |
Dai StablecoinDAI | $0.9994 | -0.0% | -0.0% | 0.1% | $13.72M | $146,359 | 71.91 | USD+1 | 111,440 | 0.1981 | – |
Dai StablecoinDAI | $0.9997 | -0.4% | 0.0% | -0.0% | $18.47M | $576,512 | 71.87 | 168,763 | 0.1963 | – | |
Dai TokenDAI | $0.9994 | -0.0% | -0.1% | -0.0% | $31.10M | $142,893 | 71.7 | 204,622 | 0.1883 | – | |
Dai StablecoinDAI | $0.9997 | -0.1% | 0.0% | 0.0% | $2.07M | $38,623 | 70.44 | Bridged+1 | 438,999 | 0.1772 | – |
Dai StablecoinDAI | $1 | 0.0% | -0.0% | 0.0% | $4.63B | $17.07M | 78.93 | DeFi+1 | 649,820 | 0.5797 | – |
(PoS) Dai StablecoinDAI | $0.9999 | 0.0% | 0.0% | 0.0% | $554.15M | $33.60M | 67.32 | 3.49M | – | – | |
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.