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Crypto-Backed

Explore crypto-backed stablecoins: digital assets pegged to the value of other cryptocurrencies.


Tokens
48
Market cap
$13.01B
Avg gem score
67
24h volume
$61.22M
Up this week
43%

Top gainers this week

Magic Internet Money

$MIM3,098.4%

Related

DeFiGovernanceStablecoinWrapped
Signals
Dai Stablecoin
Pulse
📰News— Dai Stablecoin

$DAI hit a gem score of 82 this week


Mai
Binance Smart Chain
📰News— Mai

$Mai · 24 gem score this week

Stablecoin
Token
Price
1d %
1w %
1m %
Market Cap
Volume 24h
Score
Category
Holders
Entropy
Mc/Rev
Dai Stablecoin from EthereumDAI
$0.9968
-0.8%
-0.1%
-0.5%
$12.48M
$370,484
70.01
Crypto-Backed
32,514
0.2216
Synth sUSDsUSD
$0.2319
0.0%
0.0%
-1.2%
$12.52M
$0
53.61
Crypto-Backed+1
14,335
0.3672
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
LUSD StablecoinLUSD
$1.006
0.1%
-0.1%
0.1%
$27.47M
$918.14
62.51
6,838
0.2608
BOLD StablecoinBOLD
$1
-0.0%
-0.1%
0.2%
$29.87M
$319,296
63.35
934
0.3617
Dai TokenDAI
$0.9994
-0.0%
-0.1%
-0.0%
$31.10M
$142,893
71.7
204,622
0.1883
Threshold thUSDT
$0.003708
-0.5%
-13.3%
3.4%
$41.85M
$28,646
65.54
9,562
0.3965
9,893
Metronome Synth USDmsUSD
$0.9931
-0.1%
-0.2%
-0.3%
$44.56M
$56,792
63.91
2,431
0.2954
Dola USD StablecoinDOLA
$0.9958
-0.0%
-0.0%
-0.0%
$45.71M
$1.85M
64.64
1,582
0.3555
Dai StablecoinDAI
$0.001827
3.8%
20.2%
20.0%
$81.17M
$183,117
81.89
USD+1
64,109
0.758
Savings UsddsUSDD
$1.057
-0.2%
0.7%
-0.1%
$197.49M
$133.98
58.18
684
0.4439
AUSDAUSD
$1
-0.0%
-0.0%
0.0%
$199.84M
$3.98M
63.44
911
0.37
Curve.Fi USD StablecoincrvUSD
$0.9996
-0.0%
-0.0%
0.0%
$210.09M
$117,470
66.77
1,220
0.5197
FraxFRAX
$0.9907
-0.2%
0.0%
0.0%
$239.57M
$590.69
65.5
16,145
0.3164
FraxFRAX
$0.9907
-0.2%
0.0%
0.1%
$239.57M
$4,424
65.03
9,301
0.2798
Staked USDaisUSDai
$1.099
-0.0%
0.1%
0.7%
$329.11M
$154,452
66.9
3,510
0.3785
(PoS) Dai StablecoinDAI
$0.9999
0.0%
0.0%
0.0%
$554.15M
$33.60M
67.32
3.49M
Gho TokenGHO
$0.9989
0.0%
0.1%
0.1%
$648.26M
$2.30M
67.45
7,579
0.2849
Gho TokenGHO
$0.9989
0.0%
0.1%
0.1%
$648.51M
$12,967
65.6
10,302
0.2492
Gho TokenGHO
$0.9989
0.0%
0.1%
0.1%
$648.79M
$15,915
68.32
6,421
0.4513
USDeUSDe
$0.9998
-0.0%
-0.0%
0.1%
$4.03B
$25,292
68.87
35,803
0.2196
Dai StablecoinDAI
$1
0.0%
-0.0%
0.0%
$4.63B
$17.07M
78.93
649,820
0.5797

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.