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 ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Threshold thUSDT | $0.003693 | -0.9% | -13.7% | 3.0% | $41.85M | $28,646 | 65.34 | 9,562 | 0.3965 | 9,893 | |
Magic Internet MoneyMIM | $0.1188 | 0.0% | -9.5% | -86.3% | $736,430 | $2,054 | 53 | 2,386 | 0.6255 | – | |
Magic Internet MoneyMIM | $0.1199 | 0.1% | -7.8% | -86.3% | $7.81M | $1,413 | 53.14 | 52,519 | 0.2174 | – | |
Alchemix USDalUSD | $0.9398 | 0.1% | -2.0% | -2.0% | $10.04M | $74,368 | 65.16 | 5,201 | 0.2691 | – | |
Alchemix USDalUSD | $0.9398 | 0.1% | -2.0% | -1.6% | $10.00M | $580.42 | 61.74 | 4,167 | 0.3247 | – | |
AVAIAVAI | $0.4251 | 0.0% | -1.0% | -20.5% | $6,463 | $4.856 | 35.81 | 25 | 0 | – | |
Asymmetry USDafASF | $0.01031 | -1.2% | -0.9% | -15.1% | $172,918 | $492.62 | 27.1 | – | – | 0 | |
Metronome Synth USDmsUSD | $0.993 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 63.71 | 2,431 | 0.2954 | – | |
LUSD StablecoinLUSD | $1.005 | 0.0% | -0.2% | -0.0% | $27.47M | $918.14 | 62.3 | 6,838 | 0.2608 | – | |
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 | – | |
miMATICmiMATIC | $0.9954 | 0.1% | -0.1% | 0.7% | $11.92M | $10,348 | 63.36 | Lending+1 | 42,575 | – | – |
Dai StablecoinDAI | $0.9993 | -0.1% | -0.1% | 0.1% | $13.72M | $146,359 | 71.7 | USD+1 | 111,440 | 0.1981 | – |
Dai StablecoinDAI.e | $0.9996 | 0.0% | -0.0% | 0.0% | $11.18M | $8,256 | 64.45 | 7,707 | 0.2573 | – | |
Dai TokenDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $31.10M | $142,893 | 71.5 | 204,622 | 0.1883 | – | |
Dola USD StablecoinDOLA | $0.9957 | -0.0% | -0.0% | -0.0% | $45.70M | $183,010 | 64.44 | 1,582 | 0.3555 | – | |
(PoS) Dai StablecoinDAI | $0.9993 | -0.1% | -0.0% | -0.0% | $554.15M | $33.60M | 67.12 | 3.49M | – | – | |
Dai StablecoinDAI | $0.9994 | -0.1% | -0.0% | 0.0% | $2.07M | $38,623 | 70.24 | Bridged+1 | 438,999 | 0.1772 | – |
AUSDAUSD | $1 | -0.0% | -0.0% | 0.0% | $199.84M | $3.98M | 63.24 | 911 | 0.37 | – | |
BOLD StablecoinBOLD | $1.001 | 0.0% | -0.0% | 0.2% | $29.87M | $319,296 | 63.16 | 934 | 0.3617 | – | |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $4.63B | $17.07M | 78.73 | DeFi+1 | 649,820 | 0.5797 | – |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $122,904 | $0.1136 | 35.31 | 21 | 0 | – | |
Curve.Fi USD StablecoincrvUSD | $0.9996 | 0.0% | -0.0% | 0.0% | $210.09M | $117,470 | 66.57 | 1,220 | 0.5197 | – | |
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 | – |
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.