Advertisement
Advertisement
SeigniorageCoins by Market Cap
See prices in
Market Cap-1.8%
$393.22 Millions24h Volume
$46.50 Millions
Market Dominance
FRAX 70.80%FRAX 15.70%USTC 12.05%
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 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 234 | Legacy Frax Dollar FRAX | $0.99406783168 | +0.00% | +0.00% | +0.09% | $278.59M | $1.99M | ||
| 578 | Frax (prev. FXS) FRAX | $0.70462132928 | -0.10% | -4.89% | -10.76% | $61.74M | $5.98M | ||
| 669 | TerraClassicUSD USTC | $0.00844668210 | +0.96% | +2.81% | +10.17% | $47.28M | $36.42M | ||
| 2331 | Pinto PINTO | $0.37356 | +0.53% | -2.33% | +2.26% | $4.00M | $1.83M | ||
| 4077 | Wrapped USTC USTC | $0.00901300227 | -0.39% | -10.84% | +5.78% | $801660.89 | $4600.83 | ||
| 5769 | Tomb TOMB | $0.00075581717 | - | -7.65% | -20.99% | $231644.22 | $3.08 | ||
| 6882 | Seigniorage Shares SHARE | $0.00566103087 | +2.64% | -4.56% | +48.97% | $116394.85 | $12097.95 | ||
| 7168 | Basis Cash BAC | $0.00175929202 | -0.20% | +0.55% | +3.67% | $96015.47 | $11535.11 | ||
| 8706 | One Cash ONC | $0.02634478748 | +6.11% | +4.71% | +11.02% | $40358.89 | $11869.70 | ||
| 9830 | Mithril Share MIS | $0.05709042813 | +0.04% | +4.26% | -4.92% | $20501.27 | $12312.68 | ||
| -- | bDollar BDO | $0.00139142360 | +0.13% | +0.22% | +0.25% | $0.00 | $63.74 | ||
| -- | Bean BEAN | $0.29125 | +1.65% | -8.09% | -4.15% | $0.00 | $1685.39 | ||
| -- | Iron IRON | $0.00008551642 | - | - | +1.22% | $0.00 | $5.05 |
Advertisement