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Seigniorage

See prices in
Market Cap-0.2%
$364.33 Millions

24h Volume
$5.54 Millions

Market Dominance
FRAX 75.29%FRAX 16.51%USTC 7.77%

In the case of algorithmic stablecoins, seigniorage is generated when the stablecoin's value rises above its peg (e.g., $1). The protocol can then mint new tokens and sell them on the open market, generating revenue. This revenue is used to maintain the stablecoin's peg to its target value. If the stablecoin's value falls below its peg, the protocol can buy back tokens, reducing the supply and helping to restore the peg.

Last 7 Days
145
Legacy Frax Dollar logo
Legacy Frax Dollar
FRAX
$0.99257
-0.04%
0.00%
+0.35%
$274.31M$2.91M
404
Frax (prev. FXS) logo
Frax (prev. FXS)
FRAX
$0.63028804727
-1.48%
-0.67%
+7.57%
$60.15M$1.25M
676
TerraClassicUSD logo
TerraClassicUSD
USTC
$0.00507087649
+0.06%
+0.72%
+2.56%
$28.33M$1.50M
2843
Pinto logo
Pinto
PINTO
$0.11556--
+4.07%
$1.23M$0.00
--
Wrapped USTC logo
Wrapped USTC
USTC
$0.00540927523
+0.22%
-29.23%
-16.59%
$481382.53$322.08
5578
Basis Cash logo
Basis Cash
BAC
$0.00224854729
-0.06%
-0.32%
+17.14%
$122720.70$10114.13
10201
One Cash logo
One Cash
ONC
$0.00611166710--
+17.25%
$9362.79$21.01
--
bDollar logo
bDollar
BDO
$0.00110332312
+0.15%
+0.72%
+2.60%
$0.00$141.53
--
Bean logo
Bean
BEAN
$0.23042026475
-0.56%
+1.76%
+4.12%
$0.00$2361.95
--
Iron logo
Iron
IRON
$0.00007841378--
+4.07%
$0.00$2.94
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