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 | 0.0% | 0.0% | 0.0% | $0 | $0.08421 | 53.18 | 22,421 | 0.2299 | 0 | |
AVAIAVAI | $0.4251 | 0.0% | -1.0% | -20.5% | $6,463 | $4.856 | 35.81 | 25 | 0 | – | |
Vesta StableVST | $1.009 | 0.0% | 0.1% | -4.2% | $76,431 | $2.093 | 67.04 | 58,426 | 0.484 | – | |
MaiMai | $0.00009472 | -72.4% | – | – | $94,715 | $89,333 | 23.2 | 423 | 0 | – | |
magic internet moneyMIM | $0.0001056 | 0.0% | 555.6% | 555.6% | $105,640 | $0 | 37.72 | 1,145 | 0.3269 | – | |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $122,904 | $0.1136 | 35.31 | 21 | 0 | – | |
Magic Internet MoneyMIM | $0.0001311 | 0.0% | 3,098.4% | 3,098.4% | $131,114 | $0 | 42.42 | 2,214 | 0.2989 | – | |
DAIDAI | $0.0001704 | 2.7% | – | – | $170,376 | $4,886 | 36.47 | 2,387 | 0.6435 | – | |
Asymmetry USDafASF | $0.01031 | -1.2% | -0.9% | -15.1% | $172,918 | $492.62 | 27.1 | – | – | 0 | |
EthenaENA | $0.08583 | 3.7% | 2.2% | -1.3% | $222,495 | $5,379 | 48.41 | 248 | – | – | |
Pay DaiPayDai | $0.05223 | 0.0% | 361.3% | 361.3% | $223,352 | $0 | 25.98 | 178 | 0 | – | |
Magic Internet Money MIM | $0.05255 | 0.0% | 1,406.3% | 1,406.3% | $255,013 | $0 | 30.16 | 326 | 0 | – | |
Magic Internet MoneyMIM | $0.0002593 | 0.0% | 529.3% | 529.3% | $259,280 | $0 | 37.95 | 1,404 | 0.3177 | – | |
Magic Internet MoneyMIM | $0.1188 | 0.0% | -9.5% | -86.3% | $736,430 | $2,054 | 53 | 2,386 | 0.6255 | – | |
USDL StablecoinUSDL | $0.9976 | -0.5% | 0.2% | 0.5% | $1.26M | $18,651 | 70.55 | Lending+1 | 5,568 | 0.6116 | – |
Dai StablecoinDAI | $0.9994 | -0.1% | -0.0% | 0.0% | $2.07M | $38,623 | 70.24 | Bridged+1 | 438,999 | 0.1772 | – |
Frax FPIFPIS | $0.085 | -0.0% | 1.0% | 0.4% | $2.48M | $164.71 | 30.12 | – | – | -25.11 | |
HOPE CollateralHOPE | $0.5188 | 0.0% | 0.0% | 0.0% | $5.49M | $0 | 24.41 | Lending+1 | – | – | – |
Magic Internet MoneyMIM | $0.3533 | 156.8% | 176.1% | -59.8% | $6.55M | $1,688 | 52.01 | 6,363 | 0.2698 | – | |
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% | -1.6% | $10.00M | $580.42 | 61.74 | 4,167 | 0.3247 | – | |
Alchemix USDalUSD | $0.9398 | 0.1% | -2.0% | -2.0% | $10.04M | $74,368 | 65.16 | 5,201 | 0.2691 | – | |
Synth sUSDsUSD | $1 | 0.0% | 0.0% | 326.1% | $10.11M | $0 | 61.68 | 94,720 | 0.2009 | – | |
Dai StablecoinDAI.e | $0.9996 | 0.0% | -0.0% | 0.0% | $11.18M | $8,256 | 64.45 | 7,707 | 0.2573 | – | |
miMATICmiMATIC | $0.9954 | 0.1% | -0.1% | 0.7% | $11.92M | $10,348 | 63.36 | Lending+1 | 42,575 | – | – |
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.