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 | $0.001813 | 3.0% | 19.3% | 19.0% | $79.14M | $183,117 | 81.64 | USD+1 | 64,114 | 0.758 | – |
Dai StablecoinDAI | $0.9999 | 0.0% | -0.0% | 0.0% | $4.63B | $17.07M | 78.73 | DeFi+1 | 649,820 | 0.5797 | – |
Dai StablecoinDAI | $0.9998 | -0.0% | 0.0% | 0.1% | $13.72M | $146,359 | 71.71 | USD+1 | 111,440 | 0.1981 | – |
Dai StablecoinDAI | $0.9998 | -0.3% | 0.1% | -0.0% | $18.47M | $576,512 | 71.67 | 168,763 | 0.1963 | – | |
Dai TokenDAI | $1 | 0.0% | -0.0% | 0.0% | $31.10M | $142,893 | 71.5 | 204,622 | 0.1883 | – | |
USDL StablecoinUSDL | $0.9986 | -0.4% | 0.3% | 0.6% | $1.26M | $18,651 | 70.56 | Lending+1 | 5,568 | 0.6116 | – |
Dai StablecoinDAI | $0.999 | -0.1% | -0.1% | -0.0% | $2.07M | $38,623 | 70.24 | Bridged+1 | 438,999 | 0.1772 | – |
Dai Stablecoin from EthereumDAI | $1 | -0.5% | 0.2% | -0.2% | $12.48M | $370,484 | 69.83 | 32,514 | 0.2216 | – | |
USDeUSDe | $0.9999 | 0.0% | 0.0% | 0.1% | $4.03B | $25,292 | 68.67 | 35,803 | 0.2196 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.79M | $15,915 | 68.12 | Lending+1 | 6,421 | 0.4513 | – |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.26M | $2.30M | 67.24 | Lending+1 | 7,579 | 0.2849 | – |
(PoS) Dai StablecoinDAI | $0.9998 | -0.0% | 0.0% | 0.0% | $554.15M | $33.60M | 67.12 | 3.49M | – | – | |
Vesta StableVST | $1.009 | 0.0% | 0.1% | -4.2% | $76,431 | $2.093 | 67.04 | 58,426 | 0.484 | – | |
Staked USDaisUSDai | $1.099 | 0.0% | 0.2% | 0.7% | $329.11M | $154,452 | 66.7 | 3,510 | 0.3785 | – | |
Curve.Fi USD StablecoincrvUSD | $0.9998 | 0.0% | 0.0% | 0.0% | $210.09M | $117,470 | 66.58 | 1,220 | 0.5197 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.27M | $15,749 | 65.56 | 10,302 | 0.2492 | – | |
Threshold thUSDT | $0.003687 | -1.0% | -13.8% | 2.8% | $41.85M | $28,646 | 65.33 | 9,562 | 0.3965 | 9,893 | |
FraxFRAX | $0.9897 | -0.3% | -0.1% | -0.1% | $239.57M | $590.69 | 65.29 | DeFi+1 | 16,145 | 0.3164 | – |
Alchemix USDalUSD | $0.9402 | 0.2% | -1.9% | -1.9% | $10.04M | $74,368 | 65.16 | 5,201 | 0.2691 | – | |
FraxFRAX | $0.9897 | -0.3% | -0.1% | -0.0% | $239.57M | $4,424 | 64.82 | 9,301 | 0.2798 | – | |
Dai StablecoinDAI.e | $0.9995 | 0.0% | -0.1% | 0.0% | $11.18M | $8,256 | 64.45 | 7,707 | 0.2573 | – | |
Dola USD StablecoinDOLA | $0.9957 | -0.0% | -0.0% | -0.0% | $45.70M | $183,010 | 64.44 | 1,582 | 0.3555 | – | |
Metronome Synth USDmsUSD | $0.9928 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 63.71 | 2,431 | 0.2954 | – | |
miMATICmiMATIC | $0.9956 | 0.1% | -0.0% | 0.7% | $11.92M | $10,348 | 63.36 | Lending+1 | 42,575 | – | – |
AUSDAUSD | $0.9997 | -0.0% | -0.0% | -0.0% | $199.84M | $3.98M | 63.24 | 911 | 0.37 | – |
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.