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 | $0.9998 | -0.0% | -0.0% | 0.0% | $122,904 | $0.1136 | 35.75 | 21 | 0 | – | |
AVAIAVAI | $0.4251 | 0.0% | -1.0% | -20.5% | $6,463 | $4.856 | 36.22 | 25 | 0 | – | |
Pay DaiPayDai | $0.05223 | 0.0% | 361.3% | 361.3% | $223,352 | $0 | 25.98 | 178 | 0 | – | |
EthenaENA | $0.08594 | 3.8% | 2.3% | -1.1% | $222,495 | $5,379 | 48.84 | 248 | – | – | |
Magic Internet Money MIM | $0.05255 | 0.0% | 1,406.3% | 1,406.3% | $255,013 | $0 | 30.16 | 326 | 0 | – | |
MaiMai | $0.00009425 | -72.4% | – | – | $94,247 | $89,333 | 23.18 | 419 | 0 | – | |
Savings UsddsUSDD | $1.057 | -0.2% | 0.7% | -0.1% | $197.49M | $133.98 | 58.42 | 684 | 0.4439 | – | |
AUSDAUSD | $0.9998 | -0.0% | -0.0% | -0.0% | $199.84M | $3.98M | 63.68 | 911 | 0.37 | – | |
BOLD StablecoinBOLD | $1 | 0.0% | -0.0% | 0.2% | $29.87M | $319,296 | 63.6 | 934 | 0.3617 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.73 | 1,145 | 0.3269 | – | |
Curve.Fi USD StablecoincrvUSD | $0.9996 | -0.0% | -0.0% | 0.0% | $210.09M | $117,470 | 67.02 | 1,220 | 0.5197 | – | |
Magic Internet MoneyMIM | $0.0002593 | 0.0% | 529.3% | 529.3% | $259,280 | $0 | 37.96 | 1,404 | 0.3177 | – | |
Dola USD StablecoinDOLA | $0.9957 | -0.0% | -0.0% | -0.0% | $45.71M | $1.85M | 64.88 | 1,582 | 0.3555 | – | |
Magic Internet MoneyMIM | $0.0001311 | 0.0% | 3,098.4% | 3,098.4% | $131,114 | $0 | 42.43 | 2,214 | 0.2989 | – | |
Magic Internet MoneyMIM | $0.1191 | 0.2% | -9.2% | -86.3% | $734,171 | $664.62 | 52.33 | 2,386 | 0.6255 | – | |
DAIDAI | $0.000172 | 2.7% | – | – | $172,003 | $4,886 | 36.47 | 2,387 | 0.6435 | – | |
Metronome Synth USDmsUSD | $0.9931 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 64.16 | 2,431 | 0.2954 | – | |
Staked USDaisUSDai | $1.099 | -0.0% | 0.1% | 0.7% | $329.11M | $154,452 | 67.14 | 3,510 | 0.3785 | – | |
Alchemix USDalUSD | $0.9402 | 0.2% | -1.9% | -1.6% | $10.00M | $580.42 | 62.19 | 4,167 | 0.3247 | – | |
Alchemix USDalUSD | $0.9402 | 0.2% | -1.9% | -1.9% | $10.04M | $74,368 | 65.6 | 5,201 | 0.2691 | – | |
USDL StablecoinUSDL | $0.9995 | -0.3% | 0.4% | 0.6% | $1.26M | $18,651 | 71 | Lending+1 | 5,568 | 0.6116 | – |
Magic Internet MoneyMIM | $0.1188 | -13.7% | -7.2% | -86.5% | $6.55M | $1,688 | 47.61 | 6,363 | 0.2698 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.79M | $15,915 | 68.56 | Lending+1 | 6,421 | 0.4513 | – |
LUSD StablecoinLUSD | $1.005 | 0.1% | -0.1% | 0.1% | $27.47M | $918.14 | 62.75 | 6,838 | 0.2608 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.26M | $2.30M | 67.69 | Lending+1 | 7,579 | 0.2849 | – |
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.