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 ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Magic Internet MoneyMIM | $0.0001311 | 0.0% | 3,098.4% | 3,098.4% | $131,114 | $0 | 42.43 | 2,214 | 0.2989 | – | |
Magic Internet Money MIM | $0.05255 | 0.0% | 1,406.3% | 1,406.3% | $255,013 | $0 | 30.16 | 326 | 0 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.72 | 1,145 | 0.3269 | – | |
Magic Internet MoneyMIM | $0.0002593 | 0.0% | 529.3% | 529.3% | $259,280 | $0 | 37.96 | 1,404 | 0.3177 | – | |
Magic Internet MoneyMIM | $0.3869 | 181.2% | 202.4% | -56.0% | $6.55M | $1,688 | 52.08 | 6,363 | 0.2698 | – | |
Dai StablecoinDAI | $0.001846 | 4.9% | 21.5% | 21.3% | $81.18M | $183,117 | 81.5 | USD+1 | 64,118 | 0.758 | – |
EthenaENA | $0.08597 | 3.8% | 2.3% | -1.1% | $222,495 | $4,876 | 48.11 | 248 | – | – | |
Frax FPIFPIS | $0.0855 | 0.6% | 1.5% | 1.0% | $2.48M | $164.71 | 29.93 | – | – | -25.11 | |
USDL StablecoinUSDL | $1.008 | 0.5% | 1.2% | 1.5% | $1.26M | $18,651 | 70.38 | Lending+1 | 5,568 | 0.6116 | – |
Dai Stablecoin from EthereumDAI | $1.005 | -0.0% | 0.7% | 0.3% | $12.48M | $370,484 | 69.63 | 32,514 | 0.2216 | – | |
Savings UsddsUSDD | $1.057 | -0.2% | 0.7% | -0.1% | $209.09M | $133.98 | 57.74 | 684 | 0.4439 | – | |
Staked USDaisUSDai | $1.099 | -0.0% | 0.1% | 0.7% | $329.11M | $154,452 | 66.48 | 3,510 | 0.3785 | – | |
Gho TokenGHO | $0.999 | 0.0% | 0.1% | 0.1% | $648.79M | $15,915 | 67.89 | Lending+1 | 6,421 | 0.4513 | – |
Gho TokenGHO | $0.999 | 0.0% | 0.1% | 0.1% | $648.26M | $2.30M | 67.02 | Lending+1 | 7,579 | 0.2849 | – |
Gho TokenGHO | $0.999 | 0.0% | 0.1% | 0.1% | $648.27M | $15,749 | 65.34 | 10,302 | 0.2492 | – | |
Dai StablecoinDAI | $1 | -0.3% | 0.1% | 0.0% | $18.47M | $576,512 | 71.44 | 168,763 | 0.1963 | – | |
Vesta StableVST | $1.009 | 0.0% | 0.1% | -4.2% | $76,431 | $2.093 | 66.81 | 58,426 | 0.484 | – | |
(PoS) Dai StablecoinDAI | $1 | 0.0% | 0.0% | 0.0% | $554.15M | $33.60M | 66.89 | 3.49M | – | – | |
Dai StablecoinDAI | $1 | 0.0% | 0.0% | 0.1% | $13.72M | $146,359 | 71.47 | USD+1 | 111,440 | 0.1981 | – |
USDeUSDe | $0.9999 | 0.0% | 0.0% | 0.1% | $4.03B | $25,292 | 68.45 | 35,803 | 0.2196 | – | |
Synth sUSDsUSD | $1 | 0.0% | 0.0% | 326.1% | $10.11M | $0 | 61.44 | 94,720 | 0.2009 | – | |
Synth sUSDsUSD | $0.2319 | 0.0% | 0.0% | -1.2% | $12.52M | $0 | 53.28 | 14,335 | 0.3672 | – | |
Magic Internet MoneyMIM | $0 | 0.0% | 0.0% | 0.0% | $0 | $0.08421 | 52.97 | 22,421 | 0.2299 | 0 | |
HOPE CollateralHOPE | $0.5188 | 0.0% | 0.0% | 0.0% | $5.49M | $0 | 24.2 | Lending+1 | – | – | – |
BOLD StablecoinBOLD | $1.001 | 0.0% | -0.0% | 0.2% | $29.87M | $319,296 | 62.93 | 934 | 0.3617 | – |
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.