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 ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
MaiMai | $0.00009472 | -72.4% | – | – | $94,715 | $89,333 | 23.2 | 423 | 0 | – | |
Asymmetry USDafASF | $0.01031 | -1.2% | -0.9% | -15.1% | $172,918 | $492.62 | 27.1 | – | – | 0 | |
Threshold thUSDT | $0.003693 | -0.9% | -13.7% | 3.0% | $41.85M | $28,646 | 65.34 | 9,562 | 0.3965 | 9,893 | |
USDL StablecoinUSDL | $0.9976 | -0.5% | 0.2% | 0.5% | $1.26M | $18,651 | 70.55 | Lending+1 | 5,568 | 0.6116 | – |
Dai StablecoinDAI | $0.9999 | -0.3% | 0.1% | -0.0% | $18.47M | $576,512 | 71.67 | 168,763 | 0.1963 | – | |
FraxFRAX | $0.9895 | -0.3% | -0.1% | -0.1% | $239.57M | $590.69 | 65.29 | DeFi+1 | 16,145 | 0.3164 | – |
FraxFRAX | $0.9895 | -0.3% | -0.1% | -0.1% | $239.57M | $4,424 | 64.82 | 9,301 | 0.2798 | – | |
Savings UsddsUSDD | $1.057 | -0.2% | 0.7% | -0.1% | $197.49M | $133.98 | 57.97 | 684 | 0.4439 | – | |
Dai Stablecoin from EthereumDAI | $1.003 | -0.2% | 0.5% | 0.1% | $12.48M | $370,484 | 69.84 | 32,514 | 0.2216 | – | |
Metronome Synth USDmsUSD | $0.993 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 63.71 | 2,431 | 0.2954 | – | |
Dai StablecoinDAI | $0.9994 | -0.1% | -0.0% | 0.0% | $2.07M | $38,623 | 70.24 | Bridged+1 | 438,999 | 0.1772 | – |
Dai StablecoinDAI | $0.9993 | -0.1% | -0.1% | 0.1% | $13.72M | $146,359 | 71.7 | USD+1 | 111,440 | 0.1981 | – |
(PoS) Dai StablecoinDAI | $0.9993 | -0.1% | -0.0% | -0.0% | $554.15M | $33.60M | 67.12 | 3.49M | – | – | |
Frax FPIFPIS | $0.085 | -0.0% | 1.0% | 0.4% | $2.48M | $164.71 | 30.12 | – | – | -25.11 | |
Dola USD StablecoinDOLA | $0.9957 | -0.0% | -0.0% | -0.0% | $45.70M | $183,010 | 64.44 | 1,582 | 0.3555 | – | |
Staked USDaisUSDai | $1.099 | -0.0% | 0.2% | 0.7% | $329.11M | $154,452 | 66.7 | 3,510 | 0.3785 | – | |
AUSDAUSD | $1 | -0.0% | -0.0% | 0.0% | $199.84M | $3.98M | 63.24 | 911 | 0.37 | – | |
Synth sUSDsUSD | $1 | 0.0% | 0.0% | 326.1% | $10.11M | $0 | 61.68 | 94,720 | 0.2009 | – | |
Synth sUSDsUSD | $0.2319 | 0.0% | 0.0% | -1.2% | $12.52M | $0 | 53.46 | 14,335 | 0.3672 | – | |
Magic Internet MoneyMIM | $0 | 0.0% | 0.0% | 0.0% | $0 | $0.08421 | 53.18 | 22,421 | 0.2299 | 0 | |
Magic Internet MoneyMIM | $0.0001311 | 0.0% | 3,098.4% | 3,098.4% | $131,114 | $0 | 42.42 | 2,214 | 0.2989 | – | |
Magic Internet MoneyMIM | $0.0002593 | 0.0% | 529.3% | 529.3% | $259,280 | $0 | 37.95 | 1,404 | 0.3177 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.72 | 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 | – | |
Pay DaiPayDai | $0.05223 | 0.0% | 361.3% | 361.3% | $223,352 | $0 | 25.98 | 178 | 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.